Fay Zhou of Linklaters, and Vivian Cao and Xi Liao of Linklaters Zhao Sheng Joint Operation highlight the long-anticipated provisions on antitrust enforcement, which provide further clarity on monopolistic agreements and abuse of dominance under the Anti-Monopoly Law, as well as common issues raised by both sets of provisions.
Alibaba set for secondary listing in Hong Kong; China lifts four-year U.S. poultry ban; Australia approves Mengniu takeover of infant formula maker; and Jingye Group rescues British Steel from the brink
Shanghai FTZ allows foreign arbitration institutions to establish offices in its Lingang New Area, foreign investors will be allowed a majority shareholding in securities companies in 2020 and business restrictions on factoring enterprises are made clearer.
Alipay allows foreign visitors to use its mobile payments platform; CSRC scraps two-year profit requirement for ChiNext private placements; and MSCI completes plan to increase A share weighting in key benchmark
Draft of the implementing regulations for the Foreign Investment Law has addressed the VIE structure concerns, final industrial adjustment catalogue no longer eliminates virtual currency mining and food safety liability can be pursued down to the responsible persons.