Huawei Technologies pleads not guilty to defrauding banks in a New York court; China's State Council signs off on amendments to 49 laws; and the State Administration for Market Regulation targets inferior products with new regulations.
The official Foreign Investment Law addresses trade secret protection, mandatory infringement liability of the licensor is removed in technology transfer and procedures for the centralized management of cross-border funds by MNCs are streamlined.
The National People's Congress approves a new comprehensive Foreign Investment Law; China plans to streamline trademark registrations; IP lawsuits soar in China for a second year, and Macao comes under pressure to improve its gaming regulations.
CSRC issues financial reporting requirements for the return of red chips, PPP projects are put under more stringent scrutiny and construction projects are required to record worker information.
China adopts new rules for patent agencies; new CSRC boss Yi Huiman warns of market risks; and the government is urged to relax rules on ride-hailing driver services.
Registered capital requirement for futures companies is raised, usable area shall be adopted for sale of residential housing and marital or maternity status may not be asked when hiring female employees
China's State Council will soon be regulating gene editing and biotechnologies; in a major sting on illegal P2P lenders, Chinese authorities netted Rmb10 billion in assets and arrested 62 people from 16 countries; and Chinese regulators increase the pressure on banks to boost lending to SMEs.
Anti-money laundering and anti-terrorist financing is targeted at funding of new financial institutions, securities fund trading is required to be conducted through securities companies and CSRC regulates manager of manager products
