In the News: EU Introduces Forced Labor Regulation; EU Requires Tech Transfers from China; and Crypto Ownership Deemed Legal in China
EU to ban products and components involved in forced labor; EU plans to require tech transfers for Chinese companies to obtain subsidies; and Shanghai court’s opinion allows Chinese individuals to own cryptocurrency
European union flag against parliament in Brussels, Belgium.
European Union introduces Forced Labor Regulation
The European Union (EU) has cleared the final step required to enact the Forced Labor Regulation (FLR), which is aimed at all instances of