China and European Union agree major investment deal; New York Stock Exchange begins process of delisting three Chinese telecom giants; and CBIRC issues draft clarifying market access rules for foreign insurers
Foreign investment in important sectors may be subject to national security review, qualifications recognition of mining assessors is relaxed and online recruitment services may not contain discriminatory content.
Casper Sek of Jin Mao Partners highlights new draft rules that aim to curb monopolistic behavior and strengthen the administrative supervision of the internet platform economy, and standardize online petty loans businesses that use big data by imposing new requirements on internet platforms used by such businesses
NDRC, MOFCOM launch new national security review for foreign investments; Trump administration adds SMIC and dozens other Chinese entities to Entity List; MSCI drops seven Chinese companies from indices following Trump Executive Order
The scope of China's cross-border personal information transfer regulatory regime is edging closer to being finalized, but businesses are in no rush to overhaul their data transfer practices