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.
Restrictions on foreign banks, insurers lifted with immediate effect; China tops U.N. global survey for IP protection activity; and leading government agencies and companies launch nationwide blockchain services network
The State Council has lifted investment restrictions on foreign banks and insurance companies while the People's Bank of China has tightened control on banks' wealth management business.
Concessions from both sides in limited China-U.S. phase one trade deal; Chinese tech firms and security bureaus blacklisted over human rights accusations; and caps on foreign fund managers in China to be removed in April
