Legal

China launches senior housing reverse mortgage endowment insurance in four major cities.

PBOC lowers thresholds for banks to engage in forex business.

Local governments allowed to issue their own bonds.

CBRC strengthens prudential management of banks' factoring business.

CBRC relaxes restrictions on the loan-to-deposit ratios of commercial banks

Measures issued to suppress shadow banking.

The revised Implementing Rules allow division of a trademark registration application when registration is denied on certain of the designated goods.

O'Melveny & Myers

Though the revised Trademark Law has made substantial improvements, protection and enforcement tactics against trademark squatters still remain crucial in the IP environment of China