China Law News

• Legislation roundup: Property Law, deed tax and foreigners' housing purchases

  The SPC has clarified issues on joint property ownership, the deed tax rate has been lowered and rules for residential purchases by foreigners in Beijing have been relaxed

  February 25, 2016

• In the news: China increases online publishing restrictions, the Apple-FBI tech security dispute gets debated and Qualcomm and Lenovo sign a licensing deal

  This week the government closed the gates to foreign investment in internet publishing services, tech leaders took sides on Apple's "duty" to unlock a terrorist's iPhone for an investigation and Qualcomm signed a new chip licensing deal with Lenovo

  February 24, 2016

• Legislation roundup: QFIIs, online publishing and industry financing

  SAFE has relaxed investment restrictions for QFIIs, control over online publishing has been tightened and the PBOC has encouraged offshore financing in domestic enterprises

  February 18, 2016

• In the news: OSI fined in food safety scandal, SPC said to launch platform to aid enforcement and QFII rules relaxed

  This week the McDonald's and Yum supplier was fined Rmb2.4 million, the Supreme People's Court will build an online platform to track punishments, SAFE relaxed QFII restrictions, Apple Pay was launched in China and the CFDA ended its AliHealth partnership

  February 17, 2016

• Legislation roundup: Interbank FX trading, housing loans and Guangdong Free Trade Zone

  Qualified foreign banks have been invited to participate in currency trading, downpayments for personal housing loans have been lowered and MNCs' FX controls have been eased in the Guangdong FTZ

  February 04, 2016

• Legislation roundup: Cross-border financing in Free Trade Zones, listed company bond disclosure requirements

  The PBOC has made it easier for FTZ entities to get offshore RMB/FX loans and the CSRC has tightened disclosure requirements for listed companies that issue bonds

  January 28, 2016

• In the news: Chinese capital market turmoil discussed, GSK scientists steal trade secrets and Shanghai's VC compensation plan under fire

  This week China's stocks and capital outflows were analyzed, ex-Glaxo employees were charged with cancer drug data theft, investors criticized a local venture capital investment incentive and a probe into new-energy auto subsidies fraud began

  January 27, 2016

• Legislation roundup: Offshore RMB, online news services and money market funds

  The PBOC has limited banks' renminbi outflows, data compliance requirements for internet news outlets have increased and the CSRC has widened investment options for money market funds

  January 21, 2016

• In the news: Qualcomm invests $280 million in China JV, Haier buys GE's appliance unit and local power plant approvals cause trouble

  This week Qualcomm inked a deal to develop server chips in Guizhou province, Haier proposed a $5.4 billion takeover of GE's appliance business and China's plan to give local governments the authority to approve projects backfired

  January 20, 2016

• Legislation roundup: Telecom Catalogue, High and New Technology Enterprises and R&D tax

  The MIIT's 2015 Classified Catalogue of Telecommunications Services has expanded internet categories, HNTEs' IP requirements have been lowered and the SAT has permitted tax super-deductions for outsourcing R&D

  January 14, 2016