Alan Xu and Youran Wu of Zhong Lun Law Firm discuss the various methods that foreign-invested enterprises in China can adopt to remit funds to cash-strapped shareholders or affiliates overseas during the coronavirus pandemic
HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.
Bo Yan and Taoye Ye of Haiwen & Partners discuss CBIRC's amended rules governing the regulatory approvals of non-bank financial institutions, which lower the bar for foreign investment in national asset management companies
JPMorgan set for full control of asset management business with minority partner buyout; Luckin Coffee reveals financial fraud amid growing concern over Chinese listings; and the U.S. set to ramp up tech export restrictions for China, report says.
Goldman Sachs, Morgan Stanley pass final hurdle to take majority control over local JVs; CBIRC releases insurance asset management product rules as part of new regulatory regime; and MOFCOM publishes draft rules mapping out foreign investment complaints procedure
