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On June 29, 2010, the State Administration of Foreign Exchange (“SAFE”) issued the Notice Regarding Adjustment of Authority to Approve Certain Capital Account Foreign Exchange Transactions (国家外汇管理局关于调整部分资本项目外汇业务审批权限的通知) (the “SAFE Notice 29”), which came into effect on July 1, 2010
On March 8, 2010, the China Banking Regulatory Commission, together with several other regulatory bodies, jointly issued the Tentative Measures for the Administration for Financial Guarantee Companies (the "Tentative Measures") to regulate financial guarantee companies
On April 17, 2010, State Council issued a Circular on Resolutely Curbing the Housing Prices in Some Cities from Rising Too Fast (Guo Fa 2010 No. 10) (the “Circular”) in yet another effort to curb the rising prices of residential properties in China
On April 2, 2010, the State Administration of Foreign Exchange ("SAFE") issued a circular announcing new rules for a pilot project designed to revamp the verification procedures for import payments (the "Circular"
