The Reality of Dealmaking Amid Competing US-China Sanctions

January 14, 2022 | BY

Vincent Chow

With the entrenchment of reciprocal US-China sanctions and export controls in the past year, counsel have helped clients enact fundamental changes to their approach to making deals, from contractual terms to due diligence

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Summary

  • China's burgeoning sanctions regime emboldening Chinese parties in contractual negotiations
  • One-sided terms favoring foreign parties no longer feasible 
  • Traditional global compliance strategies unable to keep up with competing compliance requirements