Corporate Governance

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

Baker McKenzie and FenXun Partners discuss the impact of the new Foreign Investment Law on the repeal of FIE laws on existing FIEs, as well as the implications of other important provisions for foreign investors and FIEs in future.

Guidelines on articles of association are revised to accommodate special voting rights

People's court allows share transfer to resolve shareholder disputes

New tax deferral policy clarified

Listed companies are encouraged to buy back their shares

Institutional investors are encouraged to participate in corporate governance