China's State Council will soon be regulating gene editing and biotechnologies; in a major sting on illegal P2P lenders, Chinese authorities netted Rmb10 billion in assets and arrested 62 people from 16 countries; and Chinese regulators increase the pressure on banks to boost lending to SMEs.
Anti-money laundering and anti-terrorist financing is targeted at funding of new financial institutions, securities fund trading is required to be conducted through securities companies and CSRC regulates manager of manager products
Daisy Duan, partner, and Linlin Cao, senior associate, at King & Wood Mallesons examine the expanded scope of new regulations on tax deferral for qualified foreign investments in the PRC and also compare the differences between the old and new requirements
The last few years have seen a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI), and Chinese lawyers seeking knowledge on the uses and advantages of BVI structures for their clients' transactions. Ashley Davies, partner, corporate & finance Group, of Campbells, discusses what has perked the Chinese interest in the BVI.
CNIPA defines irregular trademark application, hurdles are further removed for foreign employees buying A-shares and unmanned aerial vehicles are regulated to mitigate risks
China's healthcare industry saw a 78.64% year-on-year growth in 2018; and a Citibank report says 2019 will see a large pour of foreign investment in China's capital markets.