U.S. business group survey indicates companies are not leaving China market; digital currency pilot set for expansion to major Chinese cities; and foreign nationals from 36 European countries allowed entry into country
The case against TikTok is the latest example of growing U.S. scrutiny of the overseas operations of Chinese companies amid worsening relations between the two countries. The U.S. is especially concerned about potential Chinese access to the personal data of U.S. citizens.
The new Deed Tax Law uniformly increases the deed tax rate, the time to pay urban maintenance and construction tax is specified and more flexibility is allowed in infrastructure investment of REITS.
Trump issues executive orders barring transactions with WeChat, TikTok after 45 days; U.S. officials recommend delisting non-compliant Chinese firms by 2022; China introduces tax, investment incentives for domestic chipmakers
Integrated circuit production enterprises may enjoy up to 10 years of tax exemption. Regulatory policy for alternative energy vehicle manufacturers is relaxed. Food labeling rules are revised to handle new marketing activities.
TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market
Law firms and accounting firms are required to carry out record filing for providing services for securities offering. Insurance companies' allocation of equity assets is subject to oversight according to their solvency. Online platform operators may bear e-commerce operator obligations for live streaming marketing.
The interbank bond market and stock exchange bond market in China are integrated, online loans may not be used for securities trading and Shenzhen tightens property curbs again.
Trump strengthens sanctions over Hong Kong with executive order; China integrates fragmented bond markets to facilitate greater investment; U.K bars Huawei equipment from 5G networks citing U.S. sanctions
The Supreme People's Court issues the first guidelines on trial of bond disputes, foreign bank branches may engage in fund custody business and the interbank foreign exchange market launches prime brokerage business.
