Foreign Direct Investment

NDRC, MOFCOM launch new national security review for foreign investments; Trump administration adds SMIC and dozens other Chinese entities to Entity List; MSCI drops seven Chinese companies from indices following Trump Executive Order

Scrutiny of Chinese investment in the U.S. is unlikely to ease anytime soon, but a Biden administration is expected to adopt a less abrasive approach than that of his predecessor

U.S.-China investment flows fell to record lows during the Trump administration, but a Biden administration is unlikely to deviate from its predecessor's policy goals

Hong Kong to allow certain overseas-listed Chinese companies with corporate weight voting rights to secondary list; China expected to grow at weakest pace in 44 years according to Reuters poll; and CFFEX approves equity index futures trading for qualified foreign investors

Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization

New comprehensive reform plan for Shenzhen targeting fintech and financial sectors; new development plan for new energy vehicles promotes fast-charging stations and public service integration; and new State Council opinions proposes measures to improve quality of listed companies

State Council eases investment procedures for telecommunications services, oil products and QFIIs

FTSE Russell to become third major index provider to include China bonds; Luckin Coffee slapped with massive fine by SAMR; and Segway maker Ninebot to become first VIE entity to list in mainland

With a new Chinese blacklist on one side and tightening U.S. export controls on the other, U.S. companies in China are between a rock and a hard place