Chinese policy commits to dual circulation; First DSL enforcement action; Crackdown on illegal cryptocurrency exchange, OKX
October 19, 2022
Legal
State Council relaxes foreign investment in outbound tourism and elderly care. Companies are allowed 100% super tax deduction in investment in non-profit R&D institutions. Tax policy is eased for residents exchanging for new apartments.
October 14, 2022China lifts property loan restrictions and allows cities to adjust the rates
October 14, 2022A draft national standard defines core and key data according to their impact to national security and economic operation
October 14, 2022As the relationship between the U.S. and China has deteriorated, an increasing number of Chinese companies are ending their U.S.-based operations. Derek Liu, Rod Hunter and Howard Wu of Baker McKenzie set out some guidance for those heading down that path
October 14, 2022Banks are encouraged to take railroad transport documents as documents acceptable for settlement and financing.
October 12, 2022The U.S. Department of Defense imposes further sanctions on Chinese tech firms; Chinese chip companies denied access to U.S. technologies; Tim Hortons China secures a SPAC merger.
October 12, 2022High-tech companies are allowed 100% super tax deduction. China lifts property loan restrictions and allows cities to adjust the rates. CBIRC revises regulations to achieve equal treatment of domestic and foreign bank investment.
September 30, 2022CAC sets forth cybersecurity administrative law enforcement procedures
September 30, 2022Insurance companies are allowed to issue open-ended capital bonds
September 30, 2022
