Non-investment type FIEs are allowed to use their investment capital in equity investment, foreign investment in commercial cryptography will receive equal treatment and leakage of user information as a result of failure in cybersecurity management obligations may be criminal.
China releases regulations to improve business environment and equalize market treatment; China leads the world in number of mega-startups, report finds; and cryptography law passes ahead of digital currency roll-out
Lauded as a game-changer for the industry, the new interim measures arrangement between mainland China and Hong Kong courts has scored its first success just days after it came into effect.
China will set up a punitive damages system for intellectual property infringements, non-tax-resident enterprises may enjoy treatment available under agreements by self-determination and Shanghai-Hong Kong Stock Connect includes stocks with weighted voting rights.