China Legal Trends
Mon, 25 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, the People's Bank of China and the State Administration of Foreign Exchange jointly issued the proposed “Provisions on Issues Concerning Overseas Loan Business of Banking Financial Institutions”(Draft for Public Comment)(关于银行业金融机构境外贷款业务有关事宜的规定).
Mon, 25 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, the National Development and Reform Commission and other ten authorities jointly issued the “Notice on Regulating the Virtual Currency ‘Mining’ Activities” (关于整治虚拟货币 “挖矿”活动的通知), aiming to regulate the virtual currency “mining” activities and promote energy conservation and emission reduction.
Sat, 23 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, with the open-up of Universal Beijing Resort, Tongzhou Primary People’s Court provides one-stop judicial services for disputes occurring within the resort area.
Fri, 22 Oct 2021 China Legal Trends CJO Staff Contributors Team
“Implementation Regulations for the Supervision Law of the People's Republic of China” (中华人民共和国监察法实施条例), being the first supervisory regulations made by the National Supervisory Commission since its establishment, entered into force on 20 Sept. 2021.
Thu, 21 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, the SPC and other nine authorities jointly issued “Notice on Further Preventing and Disposing of Speculation Risks in Virtual Currency Trading”(关于进一步防范和处置虚拟货币交易炒作风险的通知), restating the illegality of virtual currency trading in China.
Wed, 20 Oct 2021 China Legal Trends CJO Staff Contributors Team
China’s State-owned Assets Supervision and Administration Commission of the State Council recently issued the “Working Rules of the Board of Directors of Central State-Owned Enterprises (for Trial Implementation)” (中央企业董事会工作规则(试行)), aiming to enhance the supervising role of the board of directors in central state-owned enterprises.
Tue, 19 Oct 2021 China Legal Trends CJO Staff Contributors Team
The newly-issued “Measures for Third-party Assessment of Fair Competition Review (for Trial Implementation)” by the Anti-monopoly Commission of China (Hainan) Pilot Free Trade Zone came into force on 1 Oct. 2021.
Sat, 16 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, a local court in Shanghai made a systematic interpretation of Article 35 of the Montreal Convention, holding that the “period” in this article constitutes a limitation of actions, rather than the preemption claimed by the airline company.
Fri, 15 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, China issued the National Human Rights Action Plan of China (2021- 2025), which covers eight parts, including economic, social and cultural rights; citizen’s civil and political rights; and human rights education and research, etc.
Thu, 14 Oct 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, China’s Supreme People’s Procuratorate issued Typical Cases of procuratorial public interest lawsuits, providing guidance for procuratorates across the country.