Security assessment of cloud computing services for critical information infrastructure is specified

The CSRC simplifies information disclosure requirements for public funds

China allows banks to trade bonds on stock exchanges, the asset and liability management of insurance companies is under more stringent scrutiny and the Shanghai Free Trade Zone is expanded to include the Lingang New Area.

Amidst growing trade friction with the U.S., Scott Yu and Derek Liu of Zhong Lun Law Firm note some particular highlights for foreign investors in the latest iteration of China's Negative Lists and Encouraged Investment Catalogue.

The U.S. president announces new tariffs covering virtually all Chinese imports a day after trade talks; Huawei reports year-on-year revenue growth but U.S. sanctions taking its toll; and financial holding companies to face capital requirements and a ban on non-financial activities according to draft rules.

China has unveiled 11 measures to open up the country's financial sector and scrap foreign shareholding caps in most financial sectors in a bid to bolster and stabilize growth.

Procedures for setting up insurance asset management plans are simplified

The NDRC holds back the issuance of foreign debt by real property developers to mitigate risks.

The CSRC simplifies information disclosure requirements for public funds and includes foreign futures exchanges in the regulation umbrella. Commercial banks may entrust equity management matters to third parties.