U.S.-China tensions remain number one concern among U.S. companies in China; FCC designates five Chinese companies as national security threats; and PBOC, SAFE launch pilot program in Beijing, Shenzhen for multinationals' foreign exchange purchases
Pledgees are allowed to realize the pledged stock, CNIPA defines major national IP cases and Shanghai has put forward a new round of property constraining policy.
Luokung Technology sues the U.S. government over CCMC designation; U.S. senators reintroduce bill proposing to bar blacklisted Chinese companies from U.S. capital markets; and VIE structures expected to undergo greater scrutiny under Chinese merger control regime according to new report
Serious willful IP infringements may be liable to punitive damages. SPC IP court defines business use of a patent by public service institutions. CSRC implements a registration system for offering of corporate bonds.