Legal

This week the government closed the gates to foreign investment in internet publishing services, tech leaders took sides on Apple's "duty" to unlock a terrorist's iPhone for an investigation and Qualcomm signed a new chip licensing deal with Lenovo

SAFE has relaxed investment restrictions for QFIIs, control over online publishing has been tightened and the PBOC has encouraged offshore financing in domestic enterprises

This week the McDonald's and Yum supplier was fined Rmb2.4 million, the Supreme People's Court will build an online platform to track punishments, SAFE relaxed QFII restrictions, Apple Pay was launched in China and the CFDA ended its AliHealth partnership

Criteria for foreign banks to enter the interbank forex market clarified.

China further relaxes housing purchase restrictions in non-top-tier cities.

SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.

SAT does not allow pre-tax super-deduction of foreign commissioned R&D expenses.

Qualified foreign banks have been invited to participate in currency trading, downpayments for personal housing loans have been lowered and MNCs' FX controls have been eased in the Guangdong FTZ

The Supreme People's Court has held that purely OEM goods do not constitute infringement. But while this landmark judgment provides some clarity for brand owners, does it finally put an end to the longstanding debate?