The U.S. Securities and Exchange Commission (SEC) recently added nearly 90 companies in the technology, biotech, airline and auto sectors to its list of companies that fail to comply with U.S. auditing requirements and are therefore subject to possible delisting.

China's Ministry of Commerce recently published a draft of its implementing rules for its Export Control Law. The draft is now open for public comments until May 22. Some of the noteworthy elements of the draft are summarized below.

China's Customs recently issued documents that will allow imports of wild aquatic products from Kenya, as long as they meet the inspection and quarantine requirements.

Starting on May 1, a set of new rules governing foreign-invested telecom companies came into effect. The new rules leave room for the government to lift the current cap on foreign investment in the sector, and to streamline the licensing procedure.

Beijing announced that it would temporarily cut tariffs for all coal imports to zero for 11 months, starting on May 1, 2022. As many coal imports already enjoy zero tariffs, it is unclear how much this policy would impact the volume of coal imports.

A Chinese government office recently issued a report on its intellectual property protection and business environment in 2021, covering new laws and regulations, the government's implementation of the law in enhancing intellectual property protection, lowering market barriers and maintaining fair competition in the market.

China's legislative body recently passed its first Futures and Derivatives Law after nearly a decade of work. The law aims to provide a legal basis for various activities in the market, as well as cross-border transactions. The new law will take effect on August 1.