In the News: Shanghai Whitelists Data for Cross-Border Transfer; Landmark US Anti-Dumping Case; and Chinese Aiway's SPAC Merger

May 23, 2024 | BY

Krista Lee

Shanghai FTZ expedites cross-border transfer of specified data; CBP investigation finds no substantial evidence of evasion by CIE; and Another Chinese EV SPAC merger is in the pipeline but EU tariffs threaten the business.

Shanghai FTZ Publishes Whitelist of Data for Cross-Border Transfer

On May 17, Shanghai's Lingang pilot free-trade zone (FTZ) released a whitelist of data which companies registered with the FTZ may transfer overseas without needing to obtain regulatory approval by way of a security assessment.

The one-year pilot project designates certain data in three sectors—intelligent connected vehicles, biopharmaceuticals, and mutual funds, as "ordinary data". In relation to the auto sector for example, the data includes information involving manufacturing such as procurement and stockpile, research and development including auto design and tests, after-sales services and used car sales. The list also outlines 11 data application scenarios which will enable companies to determine which data fall within the ambit of the list.