China Law News

This week the SPC has increased the liability of P2P online lending platforms in loan cases, private capital has been encouraged in railway construction projects and a maximum 30 years has been set for highway operation

This week the government required major internet companies to set up security offices staffed by police, the migration of Chinese manufacturers to the US was discussed and the national anti-corruption drive yielded substantial results

China's draft Cybersecurity Law, which restricts cross-border data transmissions and requires the setting up of servers in the country, has prompted foreign companies to assess risks regarding delay, disclosure and costs

The China Insurance Investment Fund has been established, shipping WFOEs will be approved by the local commerce regulators and the FTZs have opened the culture and entertainment sector to foreign investment

This week Walmart took acquired the remaining shares of Yihaodian, Tsinghua Unicom's US$23 billion bid for a US chipmaker flagged cybersecurity concerns and people who failed to make court-ordered payments were banned from taking China's trains

The SPC has clarified guidelines for court enforcement of arbitration awards, the PBOC has put P2P lending under legal scrutiny and the Guangdong FTZ has opened up to foreign financial institutions

This week new regulations targeted risky online financing platforms, companies with their listings halted sought other funding options and auto dealers in China gained the upper hand

Alibaba Music and Kugou's fight over copyright licences may be a sign of a maturing digital music market

Alibaba Music and Kugou's fight over copyright licences may be a sign of a maturing digital music market