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
January 11, 2021
China Law News
SPC clarifies labor dispute issues over non-compete clauses and disputes over property registration. Platform operators are not allowed to engage in wealth management.
January 08, 2021China 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
January 04, 2021Foreign 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.
December 23, 2020NDRC, 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
December 21, 2020Shanghai publishes the first local guidelines on competition compliance. Shanghai and Shenzhen Stock Exchanges tighten delisting rules.
December 18, 2020Goldman 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.
December 14, 2020SPC 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
December 11, 2020U.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
December 07, 2020A 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.
December 04, 2020
