High Court ruling opens recovery path for Chinese creditors against U.K.-based debtors | Hong Kong considers easing requirements for dual-class share listings | India approves relaxation of restrictions on Chinese investment in certain sectors
European Union proposes “Made in EU” rules for strategic sectors. | SEC rules require FPI directors and officers to disclose holdings and trades. | Supreme People’s Court rules on trade secrets case involving poaching of employees.
SAMR extends the protection of trade secrets to cover data and algorithms. CAC defines online platform service providers that have a large number of minor users. The transfer of autonomous driving map data overseas requires a security assessment.
China to expand scope of trade secrets regime | New rules to facilitate funding of China's currency offshore | Draft amendment extends regulatory power to shareholders, employees and third-party enablers in RMB 480 trillion banking system
China prohibits issuing of stablecoins linked to the renminbi overseas without explicit regulatory approval. CSRC tightens regulation of asset-backed securities tokenization. Ministry of Finance defines abnormally low bids in government procurement.
Florida’s Attorney General launches “CHINA Prevention Unit” to protect Floridians’ data | London proposes accepting Chinese auditing standards to attract Shanghai Stock Connect issuers | PE firms struggle to exit their Chinese PE investments amid lower valuations
MIIT allows for buyer registration of technology contracts with a parties’ consensus and defines overseas transfer of automotive data. SAMR prohibits below-cost pricing of automobiles.
The latest landmark AI unfair competition cases involve trade secrets | Eight departments ban unapproved offshore issuance of renminbi-pegged stablecoins to protect monetary sovereignty | The overtaking by Chongqing of Liaoning in GDP terms reflects a greater North-South economic divide.
The pledge by an AI platform to compensate for misinformation was held unenforceable by a Chinese court. | A survey finds that most EU firms are reviewing their supply chains in China. | China is demanding innovation while enforcing strict content and data compliance rules.
CAC prohibits AI and algorithmic data that could harm the physical or mental health of minors. Guidelines for classification of financial data are set forth. Pharmaceuticals produced abroad are required to abide by Chinese regulations for marketing.
