Potential economic downturn prompts the State Council to announce multiple significant measures aimed at supporting SMEs and foreign trade enterprises, and unlocking value in existing infrastructure projects.
European companies considering leaving China market over strict COVID-19 policies; Shanghai court ruling deems bitcoin a virtual asset protected by law; Didi New York IPO under SEC investigation
Beijing approves Baidu, Pony.ai to operate robotaxis without supervisor in driver's seat; U.S government blacklists China again over lax IP protection and enforcement; BlackRock launches private pension product, first foreign asset manager to do so
European Union takes China to World Trade Organization over patent anti-suit injunctions; China sanctions U.S. defense giants under anti-foreign sanctions law; and ride-hailing operators on notice to increase compliance
The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.
GBA Wealth Management Connect launched; minister calls for consolidation of Chinese EV manufacturers; and China-Indonesia local currency settlement agreement implemented