Chinese Courts and Rulings
Total 50 Posts
China’s banking and insurance regulator has recently imposed nearly 400 million yuan fines on five banks, including the Chinese unit of UK lender Standard Chartered Bank, for various violations of laws and regulations.
The Chinese government has sped up regulatory approval on foreign financial service business in recent months, after an official vowed last year to do more to "attract more outstanding international companies and talents to China's capital market."
After a seven month long investigation, China's anti-trust agency decided to fine CNKI 87.6 million yuan (approximately US$12.7 million) for violating the Anti-Monopoly Law and abusing market dominance.
China's National Intellectual Property Administration (NIPA) recently ruled on two patent infringement disputes, the first of its kind under the agency's new authority to review major patent disputes.
China's Customs agency announced that it would suspend beef imports from a U.S. company due to the detection of an illegal substance, an outstanding issue that the United States and China were supposed to work on under the Phase One Agreement.