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In the News: China's Data Security Laws; US Clarifies CFIUS Rules; and Arbitration in Hong Kong
June 14, 2023 | BY
Clarence LeeChina's data security laws lead to increasing costs for firms; CFIUS clarifies rules regarding the "completion date" for filing and requests for information from foreign investors; fewer firms are choosing Hong Kong for international arbitration due to the National Security Law
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China's Data Security Laws Cause Headaches for Global Firms
Eddy Wong, CEO of JPMorgan Asset Management's fully-owned fund manager in China, warned at an industry conference on