Legal

The CBIRC sets requirements on wealth management business of bank subsidiaries while relaxing foreign bank businesses, and limits on maximum amounts of e-commerce retail import purchases are raised

China defines systemically important financial institutions

An e-commerce platform operator may bear joint and several liability for sub-standard goods

China and the U.S. on a 90-day trade war truce; fentanyl now a controlled substance; new securities and futures disputes guidelines; and growth in Chinese overseas portfolio investments.

Xun Yang, partner, and Jianqi Yang, associate, at Llinks Law Offices in Shanghai, discuss the key developments of the newly minted E-commerce Law, which showcases China's determination to protect intellectual property rights, consumer interest and personal data, and what this means for e-commerce platform operators and online merchants

Global leaders spent two days at the "Hamburg Summit: China Meets Europe" discussing collaboration, opportunities and challenges between China and the EU, especially in light of the Belt and Road Initiative.

Susheela Rivers, Hong Kong managing partner of DLA Piper, shares with China Law & Practice how the firm's new in-house counsel program WIN is engaging the legal community in Asia to address challenges and changes in the profession

China defines systemically important financial institutions, and foreign investors are offered tax exemption for bond investments and encouraged to engage in debt-for-equity swaps

Issued: October 20, 2018 Main contents: The Draft contains a total of 48 articles, with 25 articles amended, 19 articles deleted and 19 new…