CAC revises the guidelines for filing for security assessment and standard contracts for overseas transfers of data. Business operators may not set different charge rates for the same good or service.
March 26, 2024
China Law News
A proposed TikTok bill could give rise to a U.S. equivalent to the VIE structure; The EU's new AI Act has a wide scope that could affect Chinese firms; and Quant funds respond to regulators' crackdown of their industry.
March 21, 2024Special audits may be required targeting personal information and data security compliance. Shanghai FTZ exempts stamp tax for offshore trade. The carrying out of specialized subcontracting of road works is encouraged
March 18, 2024U.S. government agencies publish compliance note for foreign persons regarding sanctions and export controls; The European Union to ban products made with forced labor; and U.S. bill aims to protect data that would reveal the personal health and genetic information of Americans.
March 12, 2024Work secrets are also required to be kept confidential. Limited liability companies are required to have their capital contributions paid in full in five years. Criteria for providing classified surveying and mapping product to a foreign party are set forth.
March 08, 2024Chinese court rules against an AI platform for copyright infringement for the first time; the U.S. Department of Commerce opens consultation for the restrictions on Chinese electrical vehicles; and Chinese IP Court imposes punitive damages to stop seed IP infringement
March 06, 2024U.S. Biden Administration issues EO restricting sale of information to China and other countries; Nippon Steel's merger with U.S. Steel to be scrutinized over China operations; and China begins second reading of State Secrets Law amendments
February 29, 2024Shanghai FTZ allows financial institutions to transmit to foreign parties data that is required for day-to-day operations and Lingang Special Area of the FTZ allows free flow of general data upon record filing. Tianjin categorizes enterprise data according to the industry nature.
February 26, 2024Clean energy and data tech updated to U.S. critical and emerging tech list; U.S. House select committee reports that five venture capital funds have invested in the rise of China's key technology companies; and China's stock exchanges release first-ever guidelines on ESG disclosure
February 23, 2024Large amount of fixed asset and working capital loans require entrusted payments. China issues national carbon trading regulations.
February 09, 2024
