China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year
Shanghai has lowered its capital requirements for regional headquarters, CSRC introduces a side pocket mechanism to prevent unfair fund redemption and Shenzhen FTZ allows foreign investors to invest in domestic equity.
The U.S. trade office announces a delay for some China tariffs until December; China's banking system sees non-performing loans increase and capital adequacy ratio decrease in Q2; Shanghai targets regional headquarters with new measures to attract multinational companies; and Shenzhen to see wide-ranging reforms in bid to become a national model for high-quality development and innovation
The newly incorporated Lingang New Area into Shanghai’s Free Trade Zone, will offer investors tax cuts, duty exemptions and other preferential policies.
Mobile apps are restricted in collecting personal data while the grips on securities companies' margin trading, short selling and risk control on investment are loosened.
