China

On 26 January 2017, the State Administration of Foreign Exchange (“SAFE”) issued the Notice on Further Promoting Foreign Exchange Administration Reform and Perfecting Authenticity and Compliance...
April 2017
On 10 January 2017, the Supreme People’s Court issued the Provisions on Several Issues Concerning the Adjudication of Administrative Cases on Granting and Affirming Trademark-related Rights, which...
April 2017
Chinese outbound investment in the EU has been growing steadily, hitting a record €20 billion in 2015 and remaining strong in 2016. While most European economic actors perceive this trend as positive...
March 2017
On 9 January 2017, the Ministry of Justice, Ministry of Foreign Affairs, Ministry of Commerce and the Legislative Affairs Office of the State Council jointly issued the Opinions on the Development of...
March 2017
On 3 January 2017, the Supreme People’s Court (“SPC”) issued its 15th batch of guiding cases. Guiding cases are not binding as legal precedents, but they are considered to have very strong...
March 2017
In the rapidly evolving data protection environment in China, there has been some helpful (but unfortunately still limited) clarification around two areas of uncertainty. New Cybersecurity...
March 2017
China's three largest bitcoin exchanges said on Thursday, 9 October, they will strengthen oversight of customers' identities and sources of funds, in the latest shift since the Chinese central bank...
February 2017
On 8 December 2016, the Supreme People’s Court of the People’s Republic of China (“SPC”) issued ten decisions in Michael Jeffrey Jordan v Trademark Review and Adjudication Board, three of which...
February 2017
On 16 November 2016, the State Administration for Industry and Commerce (“SAIC”) announced it had levied a RMB 667,724,176.88 administrative fine against Swedish packaging company Tetra Pak...
February 2017
On 18 November 2016, the SPC issued the Provisions on Certain Issues involving Trials of Independent Guarantee Disputes, which took effect 1 December 2016, to acknowledge the increasing use of these...
February 2017
Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector. Lenders have struggled...
February 2017
On 3 September 2016, China's Standing Committee of the National People's Congress passed a new resolution (the “2016 NPC Resolution”), which abolished the country’s three-decade-long approval regime...
January 2017
The People's Bank of China has announced a tightening of requirements relating to transaction monitoring and reporting of suspicious transactions. The amended rules were announced in late...
January 2017
On 18 November 2016, the National People’s Congress (“NPC”) Standing Committee circulated for public comment the General Principles of the Civil Law of the People’s Republic of China (Draft) (“Draft...
January 2017
On 27 September 2016, the State Administration of Foreign Experts Affairs issued the Notice on the Implementation of the Pilot Programme for the Issuance of a Work Permit System for Foreigners in...
January 2017
On 4 November 2016, the Cyberspace Administration of China (“CAC”) issued the Administrative Provisions on Internet Live-streaming Services 2016, which took effect 1 December 2016. The provisions...
January 2017
On 7 November 2016, the National People’s Congress (“NPC”) Standing Committee enacted the Network Security Law of the People’s Republic of China 2016, which will take effect 1 June 2017. The...
January 2017
China's foreign exchange regulator said on Wednesday it busted illegal transactions totalling $2.7 billion in Shanghai in cooperation with the police in 2016, and suspended three unnamed banks...
December 2016
China's insurance regulator has issued warnings to 10 companies after they failed to properly carry out self-inspections on their risk levels, the Securities Daily newspaper reported on Friday, 16...
December 2016
China's central bank stepped in to urge major commercial banks to lend to non-bank financial institutions on Thursday afternoon after many suspended interbank operations amid tight liquidity...
December 2016