In the news: G20 wraps up, the U.S. and China ratify the Paris Agreement and MOFCOM approves seven new FTZs and probes Didi-Uber China

G20 wraps up with economic coordination When one looks past the ostensible, the statement was short on details. Not unlike most multilateral summits, few concrete proposals emerged to combat challenges to globalization and free trade. Financial markets barely moved, and there were no political breakthroughs. Regional disputes like the South China Sea conflict were largely glossed over, and then there was that spat between Chinese and U.S. Secret Service officials. The incident was read by some analysts as evidence of the deep divide between the two powers, and of the challenges that leaders must overcome if they have to achieve anything meaningful. Britain's choice, China's pain? China's financial markets enter global arena U.S. and China agree to ratify Paris agreement The U.S. and China are responsible for about 38% of global emissions, and this deal is a major step to easing pressure on the environment. Countries have been trying to drag the U.S. and China into global climate agreements for years, and the signing marks a major achievement. China's leaders have been vocal about environmental protection, vowing to cut coal consumption and move 20% of the country's energy away from non-fossil fuels by 2030, handing out stricter penalties and cracking down on local governments that turn a blind eye to pollution. This binding agreement will make enforcement that much stronger. PRC Environmental Protection Law (Revised) How to comply with the green laws How to survive the environmental regime GE China interview: Compliance, big data and projects National Development and Reform Commission and Ministry of Environmental Protection, Measures for Cleaner Production Audits Ministry of Finance and State Administration of Taxation, Circular on the Comprehensive Implementation of the Resource Tax Reform Seven more FTZs ? They were unveiled as a test bed for full renminbi convertibility, market-based interest rates and FDI liberalization, although the areas have yet to offer full convertibility and have been criticized for their entry restrictions. The FTZs are still pushing forward with reforms in customs procedures, trade, finance and tax, and it appears the FTZ negative list will need to be revised again to cater to the seven new zones. New market access negative list consolidates policy trend How to seize opportunities in the FTZs China question: What are the benefits and risks of investing in a Free Trade Zone? Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) Circular Concerning the Import Tax and Duty Policy of the China (Guangdong) Pilot Free Trade Zone Circular Concerning the Import Tax and Duty Policy of the China (Tianjin) Pilot Free Trade Zone Circular Concerning the Import Tax and Duty Policy of the China (Fujian) Pilot Free Trade Zone MOFCOM probes Didi-Uber China deal China has little experience regulating the ride-sharing sector, as it only recently granted these services legal status. It will be interesting to see how the parties will define their market—although Didi is dominant in the ride-sharing domain, it's one of many players in the broader transport or online services industries. Meituan and Dianping, online group-buying and food platforms, merged without trouble for instance, as did classifieds sites Ganji and 58.com, and online travel services Ctrip.com and Qunar. Guiding Opinions on Standardizing Names Filed for Cases of Concentrations of Business Operators MOFCOM's hidden motives for merger review Provisions on the Attachment of Restrictive Conditions to Concentrations of Business Operators (Trial Implementation) How to tackle merger remedies under MOFCOM's new rules Simple cases cut the queue Simple case standards for merger review Tentative Provisions on the Criteria Applicable to Simple Cases of Concentrations of Business Operators Merger control finally gets makeover China gets serious with bad debt Banks are preemptively boosting capital to tackle higher loan impairments, while small- and mid-sized lenders that have been growing their asset bases quickly are also boosting their capital levels. The effort to reinforce their balance sheets is to support more purchases of bad loans. Global private funds poised to enter China market Questions and Answers Concerning Registration and Record Filing of Private Funds (10) Britain's choice, China's pain? China overhauls cross-border financing regime G20 wraps up with economic coordination When one looks past the ostensible, the statement was short on details. Not unlike most multilateral summits, few concrete proposals emerged to combat challenges to globalization and free trade. Financial markets barely moved, and there were no political breakthroughs. Regional disputes like the South China Sea conflict were largely glossed over, and then there was that spat between Chinese and U.S. Secret Service officials. The incident was read by some analysts as evidence of the deep divide between the two powers, and of the challenges that leaders must overcome if they have to achieve anything meaningful. Britain's choice, China's pain? China's financial markets enter global arena U.S. and China agree to ratify Paris agreement The U.S. and China are responsible for about 38% of global emissions, and this deal is a major step to easing pressure on the environment. Countries have been trying to drag the U.S. and China into global climate agreements for years, and the signing marks a major achievement. China's leaders have been vocal about environmental protection, vowing to cut coal consumption and move 20% of the country's energy away from non-fossil fuels by 2030, handing out stricter penalties and cracking down on local governments that turn a blind eye to pollution. This binding agreement will make enforcement that much stronger. PRC Environmental Protection Law (Revised) How to comply with the green laws How to survive the environmental regime GE China interview: Compliance, big data and projects National Development and Reform Commission and Ministry of Environmental Protection, Measures for Cleaner Production Audits Ministry of Finance and State Administration of Taxation, Circular on the Comprehensive Implementation of the Resource Tax Reform Seven more FTZs ? They were unveiled as a test bed for full renminbi convertibility, market-based interest rates and FDI liberalization, although the areas have yet to offer full convertibility and have been criticized for their entry restrictions. The FTZs are still pushing forward with reforms in customs procedures, trade, finance and tax, and it appears the FTZ negative list will need to be revised again to cater to the seven new zones. New market access negative list consolidates policy trend How to seize opportunities in the FTZs China question: What are the benefits and risks of investing in a Free Trade Zone? Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) Circular Concerning the Import Tax and Duty Policy of the China (Guangdong) Pilot Free Trade Zone Circular Concerning the Import Tax and Duty Policy of the China (Tianjin) Pilot Free Trade Zone Circular Concerning the Import Tax and Duty Policy of the China (Fujian) Pilot Free Trade Zone MOFCOM probes Didi-Uber China deal China has little experience regulating the ride-sharing sector, as it only recently granted these services legal status. It will be interesting to see how the parties will define their market—although Didi is dominant in the ride-sharing domain, it's one of many players in the broader transport or online services industries. Meituan and Dianping, online group-buying and food platforms, merged without trouble for instance, as did classifieds sites Ganji and 58.com, and online travel services Ctrip.com and Qunar. Guiding Opinions on Standardizing Names Filed for Cases of Concentrations of Business Operators MOFCOM's hidden motives for merger review Provisions on the Attachment of Restrictive Conditions to Concentrations of Business Operators (Trial Implementation) How to tackle merger remedies under MOFCOM's new rules Simple cases cut the queue Simple case standards for merger review Tentative Provisions on the Criteria Applicable to Simple Cases of Concentrations of Business Operators Merger control finally gets makeover China gets serious with bad debt Banks are preemptively boosting capital to tackle higher loan impairments, while small- and mid-sized lenders that have been growing their asset bases quickly are also boosting their capital levels. The effort to reinforce their balance sheets is to support more purchases of bad loans. Global private funds poised to enter China market Questions and Answers Concerning Registration and Record Filing of Private Funds (10) Britain's choice, China's pain? China overhauls cross-border financing regime