No Chinese companies have successfully listed overseas due to tight scrutiny from domestic regulators; A Beijing company succeeds in making a SCC filing for the cross-border transfer of data; and China announces measures to open up free trade zones in order to lure back foreign investors.
China passes Foreign Relations Law countering foreign sanctions. Foreign financial institutions are offered same treatment as domestic counterparts in free trade zones. New rules are issued to regulate drones.
In the light of important new guidelines to be followed when filing the standard overseas personal information transfer contract, Casper Sek of Jingtian & Gongcheng analyses the key learning points and looks at how companies may apply this in practice
Shake Shack and Starbucks were summoned by Shanghai for excessive data collection; Hong Kong rules that trustees of keepwell trusts can gain monetary compensation for contractual breaches; and European Union firms blame regulatory hurdles and limited market access for record low investment into China.
SAMR sets forth particulars of special attention in concentrations of business operators, as well as explaining standard terms of consumer contracts. CSRC enhances the reform of the bond registration system
The Hong Kong/mainland China interim measures arrangement has been in force for over three years, and parties are beginning to realize its significance. Jue Li and Joel Evans of DaHui Lawyers examine the practical procedural requirements of the arrangement and its context within the PRC legal mechanism