Outbound Investment

Maxim Alekseyev, Senior Partner, Head of Asia-Pacific Desk and Timur Akhundov, Senior Associate of ALRUD Law Firm highlight the various investment regimes used to attract foreign investment in Russia and discuss the two levels of investment zones and opportunities to sign investment contracts, as well as the continued economic cooperation between China and Russia

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.

Enterprise income tax treatment of cross-border hybrid investments is clarified.

CBIRC approves China's first wholly foreign-owned money broker to begin operations; Chinese investment in Europe fell to decade low in 2020; and NDRC releases new rules standardizing disclosure and compilation requirements for price index providers

The Vietnamese government has tightened provisions surrounding national security and nominee transactions in its new foreign investment regime

European Commission releases draft regulation tightening requirements on foreign state-backed investors; Mainland-Hong Kong wealth link imminent following release of implementation rules; and Shanghai to trial first-ever options contract available to foreign investors

Chinese investors should prepare information about their operations and other investments in order to convince both sellers and regulators of their reliability

In fast-paced M&A auctions, potential Chinese buyers must ensure that they are not disadvantaged by the new rules or be perceived as such