Legal

Inward investors have expressed concern about proposals that China will levy a 10% capital gains tax on profits earned by foreign investors, with no opportunity to deduct for losses. While some tax advisers welcomed the clarity, some funds may struggle to pay the higher-than-expected tax bills on gains earned over five years between 2009 and 2014

Foreign banks no longer require a representative office to set up subsidiaries or branches and foreign-invested banks no longer need to allocate minimum capital to set up branches in China

The Supreme People's Court's new judicial interpretations replace previous ones to bring provisions in line with the Patent Law. Updates include clarified court jurisdictions, simplified procedures and increased damages, but guidelines for standard essential patents are still needed

The Supreme People's Court's new judicial interpretations replace previous ones to bring provisions in line with the Patent Law. Updates include clarified court jurisdictions, simplified procedures and increased damages, but guidelines for standard essential patents are still needed

BankingCircular on the Launching of the Pilot Project for Cross-border Foreign Exchange Payment Business by Payment Institutions关于开展支付机构跨境外汇支付业务试点的通知L3610/15.01.20Environmental…

This week China's bank security rules worried foreign tech companies, CCTV reprimanded foreign automakers on Consumer Protection Day, Procter & Gamble's Crest was fined Rmb6 million for false advertising and an environment tax plan was set in motion

SAFE eases policy on banks' forex business.

SAFE relaxes access to the foreign exchange insurance market.

Approval requirement of repatriation of offshore listing proceeds lifted.