Biden delays implementation of part of Trump's military investment ban; U.S.-China financial investment flows far greater than official figures according to new report; and China launches national carbon emissions trading market
CSRC issued guidelines on index funds aiming to protect investors, CBIRC diversified assessment of insurance companies' solvency and Shanghai tightened up housing purchase restrictions.
PBOC defines market dominance for non-bank payment institutions. There are stricter rules on using the word "China" and its variants in an enterprise's name. Market makers will no longer be set by product.
Sanctions and export controls remained the primary tools of the Trump administration for restricting Chinese entities' access to U.S. technology. The administration has fine-tuned export controls to extend U.S. jurisdiction to more transactions, a primary focus being Chinese companies with military ties due to China's state policy of military-civilian fusion.
Nine more Chinese companies added to U.S. military company list; Commerce Dept. names China a foreign adversary, setting stage for tech transaction restrictions; and EU chamber report cites digital decoupling as biggest threat to EU companies
QFIIs are qualified investors of private investment funds, online small loan business is added to the scope of financial institutions for regulation of their anti-money laundering management and insurance asset management are graded by their risk control levels.
China prohibits compliance with foreign sanctions, rules targeting Chinese entities; FTSE Russell, MSCI, S&P Dow Jones drop Chinese telecom companies; and CAC releases revised internet regulation draft