Scott Yu and Frank Jiang of Zhong Lun Law Firm highlight recently introduced national security measures for review of foreign investments including its broader reach within China, the scope of M&A targets and expanded sectorial coverage, and the new review mechanism coordinated by the NDRC
Most high-tech MNCs expect greater difficulties in China even with more market access; Chinese investment in Australia plummets in 2020 amid pandemic and regulatory scrutiny; and China approves Schroders majority-owned wealth management JV
Commercial banks are not allowed to engage in cross-region online lending. CBIRC strengthens regulation of reputational risk, as well as anti-money laundering and anti-terrorist work of commercial banks.
CBIRC finalizes online lending rules requiring strict loan finance ratios; U.S. Chamber of Commerce warns of dire economic impact of decoupling; and China replaces U.S. as EU's biggest trading partner in goods
2020 was a significant year for personal information protection in China. Jerry (Jianwei) Fang and Wenpei Yu of Zhong Lun Law Firm examine the year's important developments.
Data possession constitutes a crucial factor in determining platform monopoly, Shenzhen allows PE firms to invest in the A-share market and CSRC imposes requirements for adding new shareholders prior to an IPO application.
