Mobile apps are restricted in collecting personal data while the grips on securities companies' margin trading, short selling and risk control on investment are loosened.
August 15, 2019
China Law News
The U.S. Treasury labels China a currency manipulator after China's currency falls below seven to the dollar; China announces plans to double size of Shanghai FTZ and reduce restrictions on foreign businesses; JP Morgan and Morgan Stanley one step closer to taking control of respective JVs; and China and U.S. sign U.N Convention on Mediation in Singapore
August 11, 2019China allows banks to trade bonds on stock exchanges, the asset and liability management of insurance companies is under more stringent scrutiny and the Shanghai Free Trade Zone is expanded to include the Lingang New Area.
August 08, 2019The U.S. president announces new tariffs covering virtually all Chinese imports a day after trade talks; Huawei reports year-on-year revenue growth but U.S. sanctions taking its toll; and financial holding companies to face capital requirements and a ban on non-financial activities according to draft rules.
August 05, 2019The CSRC simplifies information disclosure requirements for public funds and includes foreign futures exchanges in the regulation umbrella. Commercial banks may entrust equity management matters to third parties.
August 02, 2019Once again, high-level trade officials from the U.S. and China are back together; China plans to regulate e-cigarettes and vaping over fears of an addiction epidemic; and 11 measures have been introduced to open up financial market access and to scrap foreign shareholding restrictions.
July 29, 2019Security assessment of cloud computing services for critical information infrastructure is specified, delinquent internet information service providers and users will be blacklisted, and real property enterprises are restricted from issuing foreign debt.
July 25, 2019Following on the success of the Stock Connect program, China and the U.K. are now planning a Bond Connect scheme; China eases immigration rules to attract more foreign talents; and Ping An’s Lufax platform is rumored to be quitting P2P lending.
July 22, 2019Undisclosed information in securities trading is defined, the underlying assets of a pooled fund trust in which insurance capital may be invested are limited and off-campus online education is subject to record filing.
July 18, 2019The CBIRC will tighten regulations on China’s cash management products; increased government oversight of Chinese schooling has hit the share price of several Hong Kong-listed tutoring companies; and China’s State Council plans to adopt more fiscal, and tax- and tariff-reduction measures to maintain stability in its international trade.
July 15, 2019
