China: Financial Services

The People’s Bank of China, the Ministry of Industry and Information Technology, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission (“CSRC”), the China National Intellectual Property Administration, the Cyberspace Administration of China, and the State Administration of Foreign Exchange jointly issued the Measures for the Administration of Online Marketing of Financial Products (“Online Marketing Measures” or “Measures”), which will take effect on 30 September 2026. The Online Marketing Measures are intended to regulate online marketing activities relating to financial products.

2026年6月，国务院办公厅印发《关于加强监管防范风险促进私募投资基金高质量发展的指导意见》，标志着我国23万亿私募基金市场迎来制度化强监管&

As tariffs reshape global manufacturing, China+1 strategies will dominate lending decisions for years to come. When manufacturers seek funding for second sites to diversify away from China, lenders face a critical question: are they backing genuine resilience or underwriting a fragile stopgap that could strain balance sheets and create nasty surprises for those committing capital?