Joe Simone of SIPS examines recent amendments to China's Trademark Law which focus on bad faith trademark registrations, civil compensation for infringement and disposition of seized goods and equipment – changes intended in part to help resolve the pending trade dispute with the US.
China's internet regulator releases a draft of data protection law for public consultation; regulators take over Baoshang Bank due to serious credit risk exposure; and CSRC vice chair Yan Qingmin pushes for tougher penalties.
Property transactions allow the use of electronic signatures and documents
CAC lists the conditions when a cybersecurity review is required, push advertising should offer online users the option to refuse receipt of information, and economic and technology development zones will allow approvals with minor filing lapses.
Foreign investors' bond investments are facilitated
The system for suspension of the listing and trading of securities may be abolished
As the U.S. targets Chinese high tech in the escalating trade war, China introduces more tax incentives to boost its domestic software and integrated circuitry sectors.
New tax incentives are issued for Chinese software and integrated circuitry companies, as international companies withdraw from Huawei's supply chain under U.S. pressure; former head of the CSRC, Liu Shiyu, is facing a likely corruption investigation; and China's private equity sector comes under CSRC scrutiny, with warnings issued to several firms.
Foreign investors' bond investments are facilitated, insurance capital's derivatives investments are limited and receivables pledges are made easier
The People's Bank of China and State Administration of Foreign Exchange have issued draft rules that will allow foreign investors to switch bond investments between China's foreign investment channels.
