The head of the legal department at one of Asia's top property developers discusses the state of China's real estate sector and its likely future. Steady and environmentally sustainable growth is expected in the long term despite recent black swan events.
PBOC lowers first-home buyer interest rates by 0.2%; Shenzhen establishes China's first ABS credit protection certificate; CSRC promulates prescriptive rules on public fund managers
Foreign investment catalogues continue to encourage foreign investment in manufacturing. CBIRC has new requirements for insurance capital investment in financial products. Liability for damages shall be borne for ecological and environmental destruction in addition to the criminal liability.
Danlei Wu of Fangda Partners shines a light on the Supreme People's Court's latest IP annual report, and shows how the SPC is leading the way in developing China's litigation landscape
Chinese court imposes stringent requirements on NFT marketplaces to monitor copyright compliance; New rules on dissemination of false and price-sensitive information and pricing; Heightened burden on live-streaming platforms to protect minors
Lawyers say a new regulation of markets in crypto assets will attract more crypto service providers to the 27-member bloc, as well as generate a wave of regulatory advisory work for law firms.
Guidelines on certification of personal information protection for cross-border PI data transfers are set forth. Business cooperation in retirement financial business between banking and insurance institutions is supported. MOJ allows for overseas remote video notarization.