On August 30, China adopted the "Views on Strengthening Antitrust Measures and In-depth Promotion of Fair Competition Policy". Chinese President Xi Jinping notes that this course is necessary to improve the socialist economy. At the same time, China continues to actively discuss the conclusion of a memorandum with the competition authorities of Singapore, Pakistan and the EAEU. Jing Jin, Director of Competition Policy and International Cooperation of the SAMR Antimonopoly Bureau, said that China is also preparing to sign an antitrust cooperation agreement with Russia.
You can read more about Chinese antitrust in our weekly Newsletter.