China opens treasury bond futures to foreign bank; no protection for crypto investment; and ORFS bring Hong Kong in line with other major arbitration centers
Pinduoduo and Full Truck Alliance continue to list in the U.S.; Chinese companies raised far more money in Europe than U.S. in 2022; and official reports show promising improvements to China's IP systems
Foreign judgments that violate PRC security will not be recognized. Company Law draft enhances shareholders' responsibilities for capital contribution. Core elements of regulatory rating of foreign bank branches place more emphasis on compliance.
After a busy year on the capital markets, Haiping Li and Paloma Wang of Skadden Arps Slate Meagher & Flom LLP take a look at 2022's developments and what the next 12 months may hold.
U.S. gains full access to audits of Chinese companies; Fidelity targets China's mutual fund industry following the opening up of China's private pension industry; and China connects with Germany for overseas listings.
Industrial data processors are required to file its catalogues of key data and core data with the industry regulator. MOF clarifies accounting treatment for enterprise data resources. Deep synthesis involving editing of biometric information of individuals requires their separate consent.