Central banks is expected to increase easing measures in the financial sector; Industry regulator calls for P2P lenders to register and consolidate; and trade war with the U.S. may cause delay of China's planned property tax legislation.
Insurance companies are required to compute the minimum capital for perpetual bond investments, Guangdong adopts market rules in granting of island use rights and formulation of judicial interpretations may solicit public comments.
Troy Rice of SIPS Hong Kong discusses the implications for foreign IP owners of the recent changes to foreign investment, cross-border tech transfer, and trade secrets laws, as well as cross-border agreement drafting considerations in light of these developments.
Against the backdrop of ongoing US trade negotiations, the CBIRC says it will introduce 12 new measures that could significantly open up its banking and insurance sectors to foreign investment.
For the second year, Chinese FDI into the U.S. falls; The CBIRC releases 12 new measures planned to ease foreign banks and insurers' investments; and Tencent's PlayerUnknown's Battlegrounds game fails to get China licence.
A new law in January should boost China's cross-border e-commerce, but rules now introduced by SAFE also reflect concerns about controlling capital outflows.