Huawei’s Meng Wanzhou thanks supporters as lawyers chase details of Canadian cooperation with FBI

Legal team pursues documents relating to arrest; crown’s lawyers call it a ‘fishing expedition’

Source: https://www.scmp.com/news/china/diplomacy/article/3030039/huaweis-meng-wanzhou-returns-court-canada-fight-extradition-us

European businesses urge EU to take ‘defensive’ measures against China’s state-owned enterprises

  • EU Chamber of Commerce warns of ‘resurgent state-owned economy’ receiving more funding, government contracts and subsidies than ever before
  • It calls for ‘fail-safes’ to protect EU such as introducing new policies and making better use of laws to give Beijing more incentive to speed up reform

Source: https://www.scmp.com/news/china/diplomacy/article/3029996/european-businesses-urge-eu-take-defensive-measures-against

China’s scrapping of QFII and RQFII caps on foreign investment will have a very limited effect, say analysts

  • Beijing’s recent decision to remove quotas on the QFII and RQFII schemes carries only symbolic significance as the programmes are quickly becoming obsolete, say analysts
  • The programmes’ popularity has declined as investors have turned increasingly to the stock connect and its bond equivalents

Source: https://www.scmp.com/business/banking-finance/article/3029625/chinas-scrapping-qfii-and-rqfii-caps-foreign-investment

L’échange automatique avec la Bulgarie est suspendu

L’OCDE a pris cette décision à la suite du piratage de données bancaires subi par le fisc bulgare fin juin. Une partie des informations des contribuables concernés avaient été partagées mi-juillet avec la presse bulgare

Source : https://www.letemps.ch/economie/lechange-automatique-bulgarie-suspendu