Huan Zhu
SEC Adds 12 Companies for Delisting, Reaching 140 in Total
The U.S. Securities and Exchange Commission recently added another 12 companies to its list of companies that fail to comply with U.S. auditing requirements and are therefore subject to possible delisting.
Chinese Officials Say Government Will Boost Digital Economy
During a recent meeting on the digital economy at the Chinese People's Political Consultative Conference (CPPCC), Chinese Vice Premier Liu He said the government will support the development of the digital economy and the listing of tech companies both domestically and abroad. Other members of the CPPCC also
Foreign Investment in China Grows Steadily, Says MOFCOM
April data released by China's Ministry of Commerce shows that foreign investment in China grew steadily between January and April this year. In the meantime, however, a negative forecast for foreign investment in China looms.
Chinese Market Regulator Announces Antitrust Investigation on Largest Online Academic Database CNKI
On May 13, China's State Administration for Market Regulation announced that it will start an antitrust investigation of CNKI, an online database for papers and journal articles. CNKI has been in controversies in recent years for overpricing, refusing to provide service, and copyright infringement.
China Attempts to Broaden Sectors that Welcome Foreign Investment
China's state planner recently issued a draft of the catalogue of sectors in which foreign investment is encouraged. The draft expanded the encouraged sectors to cover agriculture, equipment manufacturing, pharmaceutical manufacturing, as well as technical services. It also encourages investment in China's northeastern, central and western
MOFCOM Starts Expiry Review on Chloroprene Rubber
China's Ministry of Commerce (MOFCOM) recently started an expiry review on anti-dumping measures imposed on chloroprene rubber from the United States, the European Union and Japan.
China Lifts Ten-Month Import Ban on Cattle from Laos
China's Customs recently announced that it will lift a 2021 ban on cattle and related products from Laos, effectively immediately.