The Supreme People's Court has issued a second set of opinions guiding trials of COVID-19 disputes arising from change in costs, forex control is relaxed to facilitate e-commerce and measures are issued to welcome the return of red-chips to the China stock market.
Alan Xu and Youran Wu of Zhong Lun Law Firm discuss the various methods that foreign-invested enterprises in China can adopt to remit funds to cash-strapped shareholders or affiliates overseas during the coronavirus pandemic
U.S. targets Huawei's access to chips globally with new export rule; China readies retaliatory measures against U.S. businesses; exemptions to China entry ban granted for some foreign business executives
Online loans should be offered in a small scale, CBIRC supports foreign bank branches in applying for fund custody qualifications and trust companies are required to penetratingly identify the underlying assets.