SPC sets forth criteria for serious money laundering cases and punitive damages for food safety violations. NFRA specifies the conditions for engaging in online property insurance business.
August 28, 2024
Legal
U.S. lawmakers call on the government to scrutinize drugmakers' clinical trials in China; China removes restrictions for foreign investments in the manufacturing and services industries; and Cross-Boundary Wealth Connect gains 10 new additional securities firms for increased offshore investment opportunities.
August 28, 2024Export pharmaceuticals commissioned for production from a foreign pharmaceutical manufacturer may not be sold and used in the PRC
August 26, 2024SAMR prohibits monopoly agreements that fix or modify pharmaceutical prices.
August 26, 2024New rules applicable to Shanghai's Lin-Gang New Area have been released. Wenpei Yu and Yunsi Hu of Lifeng Partners analyze their workings, how they fit into China's existing system of cross-border data transfer rules and why they are so significant for biomedical companies operating in the zone
August 26, 2024Nasdaq questioned the identities and backgrounds of Chinese IPO investors; China rolls out new phase of Golden Tax System; and U.S. Congress attempts to prevent Chinese companies from using de minimis loophole to avoid tariffs
August 21, 2024SAMR prohibits monopoly agreements that fix or modify pharmaceutical prices. Export pharmaceuticals commissioned for production from a foreign pharmaceutical manufacturer may not be sold and used in the PRC. Guidelines are provided for the methods of monitoring data interface security risks.
August 16, 2024PBOC specifies minimum registered capital requirements of non-bank payment institutions
August 16, 2024A QFII may select at its own discretion the currency it remits inwards to invest in domestic securities or futures
August 16, 2024U.S. plans to restrict Chinese software in electric and internet-connected cars; China increases control over offshore capital flows; and Chinese firms plan to expand into the U.S. Midwest but have regulatory concerns.
August 15, 2024
