Huan Zhu
CSRC Proposes New Rules to Avoid U.S. Delistings
In a draft regulation, the China Securities Regulatory Commission (CSRC) and several other agencies recently updated rules governing audit and accounting information of domestic companies listed abroad. The new rules could potentially remove some hurdles for U.S. regulators to access Chinese listed companies' audit working papers.
At SPS Meeting, U.S. Reiterates Concerns over China's Registration Requirement for Foreign Food Producers
The United States recently reiterated its concerns over China's new measures that require registration for all overseas manufacturers that sell to China, and it also put forward some requests related to how to implement the measures. The U.S. statement at the meeting was recently made public on
China's Market Regulator Fines French Financing Company for Antitrust Violations
China's State Administration for Market Regulation (SAMR) recently decided to impose a fine on a French financing company because it failed to comply with Chinese antitrust law when acquiring a Chinese firm.
China Suspends Imports of Cloven Hoofed Animals from South Africa
China's Customs agency recently issued a notice to halt imports of cloven hoofed animals and related products from South Africa due to concerns over foot and mouth disease.
China-EU Summit Touches on Trade Issues
On April 1, Chinese President Xi Jinping and Premier Li Keqiang met virtually with President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen for the 23rd China-EU Summit. Although a large portion of the meeting focused on the Russia-Ukraine war, the two
SEC Identifies Baidu and Four More Firms for Delisting
On March 30, the U.S. Securities and Exchange Commission added three more Chinese tech companies and two other companies to its provisional list of companies that fail to comply with U.S. auditing requirements. Talks on the issue between the two governments are still ongoing, with the future of
Beijing Issues Document on Green BRI
On March 29, several Chinese agencies issued a new document that sets out additional guidelines for the green development of the Belt and Road Initiative.