China Law News

China and European Union agree major investment deal; New York Stock Exchange begins process of delisting three Chinese telecom giants; and CBIRC issues draft clarifying market access rules for foreign insurers

Foreign investment in important sectors may be subject to national security review, qualifications recognition of mining assessors is relaxed and online recruitment services may not contain discriminatory content.

NDRC, MOFCOM launch new national security review for foreign investments; Trump administration adds SMIC and dozens other Chinese entities to Entity List; MSCI drops seven Chinese companies from indices following Trump Executive Order

Shanghai publishes the first local guidelines on competition compliance. Shanghai and Shenzhen Stock Exchanges tighten delisting rules.

Goldman Sachs set for full ownership of Chinese securities JV; U.S. Treasury fails to identify any financial institutions for secondary sanctions under Hong Kong Autonomy Act; FCC launches official review of China Telecom's operations in the U.S.

SPC clarifies producer and dealer's liability for food safety compensation, pre-tax deduction on advertising expenses continues for pharmaceuticals and leverage ratio is used as a criterion for evaluating systematically important banks

U.S. House unanimously passes Holding Foreign Companies Accountable Act; China releases first export control list under new regime, targetting encryption technologies; CBIRC publishes shadow banking report, defining sector for first time

A party may file applications for arbitration enforcement with both the mainland China court and Hong Kong court respectively, e-commerce platforms are required to set guidelines for handling IP infringement and mobile apps are restricted to collection of necessary personal information.

Hong Kong-mainland Stock Connect expands to include STAR Market-listed and pre-revenue biotech firms; Trump administration set to impose export control restrictions on 89 Chinese companies deemed to be tied to Chinese military; and zero P2P lenders in China following regulatory crackdown according to CBIRC official