Bangwei Xu of Jingtian & Gongcheng analyzes the influence of a significant recent judicial interpretation on the protection of creditors' rights in China
China scraps QFII quotas on foreign investment in capital markets; China and U.S. exchange goodwill gestures ahead of trade talks; CBIRC tightens regulation surrounding affiliate transactions in insurance sector; and surge in pork prices spark government scramble to increase production with subsidies
China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen
A judicial interpretation issued by the Supreme People's Court is likely to lead to further shareholder representative litigation in respect of affiliated transactions, although more clarity is needed