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.
Legal
- October 16, 2019
Regulatory criteria for net capital are laid out for wealth management subsidiaries of banks
October 16, 2019Shandong FTZ builds ties with Japan and South Korea
October 16, 2019Concessions 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
October 14, 2019China's national security review regime has largely flown under the radar since it was introduced in 2011. But a recent case involving a foreign-invested supermarket chain, the first since a revamp of the regime's regulatory structure elevated the role of China's powerful central planning agency, has put national security in the spotlight once again.
October 11, 2019Private investment is encouraged in online education, responsibilities are well defined for different parties in construction surveying and a new type of R&D institution is allowed.
October 10, 2019Bad loans in China's banking system have increased in the second quarter of this year even as the government tries to avert a possible debt crisis among the country's smaller banks
October 09, 2019A campaign is launched against Apps that unlawfully collect personal data
October 09, 2019PayPal acquires controlling stake in Chinese payments company; Trade war, IP theft biggest worries for companies in China, survey finds; and Hong Kong-mainland arbitration interim measures arrangement takes effect
October 07, 2019Shanghai has lowered its capital requirements for regional headquarters
October 06, 2019




