Banking and Finance Laws

Economy still stifled despite positive signs indicating success in containing virus; record issuance of force majeure certificates to Chinese businesses disrupted by epidemic; and JP Morgan indexes begin Chinese government bond inclusion

Foreign parties may hold a controlling interest in wealth management companies

Global legal community rallies to support COVID-19 hit businesses with expert advice; China approves first foreign-owned asset management company following trade deal; and more measures introduced to kickstart faltering economy

Coronavirus drags down Chinese economic growth forecast; Mastercard approved to set up card clearing business in China; and PBOC files patents ahead of digital currency rollout

Foreign institutional investors are offered more channels to access the futures market

Pledging of accounts receivables is made easier

Coronavirus continues to stifle business in China; lawyers and regulators respond with guidance and measures; Hong Kong introduces quarantine for mainland travellers

Coronavirus epidemic spreads globally as businesses told to postpone reopening; financial regulators unveil measures in response to virus-hit markets; and EU allows limited access to Huawei and other Chinese telecoms vendors

Frank Jiang and Emily Xu of Zhong Lun Law Firm provide an overview of the various opportunities and potential challenges to foreign investors amid China's further opening-up of its financial sector