In the News: Shanghai Data Rules; Hong Kong Keepwell Trusts; and EU Investment in China

June 28, 2023 | BY

Clarence Lee

Shake Shack and Starbucks were summoned by Shanghai for excessive data collection; Hong Kong rules that trustees of keepwell trusts can gain monetary compensation for contractual breaches; and European Union firms blame regulatory hurdles and limited market access for record low investment into China.

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Shanghai Reprimands Foreign Firms for "Excessive Data Collection"

The American chain stores Starbucks and Shake Shack have been summoned to hold talks with the Shanghai Municipal Government over