Global logistics groups relocate Chinese staff overseas to support Chinese supply chains overseas; Chinese miners required to report more critical minerals in overseas reserves to Chinese government; and Banks asked to flag risky trade which includes the trading of cryptocurrencies
SAMR revises company registration measures to prevent shareholders from maliciously diverting property. CNIPA may carry out mediation for IP administrative reconsideration. Foreign expat insurance procedures are revised to align with Convention acceded to by China.
Chinese cybersecurity regulator details on the lenient certification method for cross-border data transfer; U.S. issues final rule to prevent “adversarial nations” accessing U.S. citizens’ sensitive personal data; and U.S. to ban venture capital funds from backing certain PLA-affiliated companies
Business operators are prohibited from misusing their data and technology to impede the normal operation of the network product or service offered by another business operator. New VAT Law solves the issue of a transaction with two tax rates. Supreme People’s Court clarifies the non-retroactive application of the revised Company Law.
China’s amendments to competition law aimed at tackling unfair behavior online; Cross-border funding pilot program for multinationals extended to 10 provinces and cities; and Chinese court follows Munich courts in granting Huawei an anti-anti-suit injunction against Netgear
U.S. attempts to exclude Chinese access to AI chips by designating ‘gatekeeper’ companies; Shein’s UK IPO application scrutinized over forced labor concerns; and China’s AI Standards Committee to include executives from tech giants
AI cannot serve as a patent inventor. China allows wholly foreign-owned hospitals in nine major places. Marketing authorization holders are required to engage a medical representative for pharmaceutical academic promotion activities.
State Intellectual Property Office issues guidelines on AI as patent inventors; German and British companies are less optimistic about their China prospects, with a caveat; and U.S. adds a range of companies involved in Chinese chipmaking to Entity List
China releases a pilot plan to allow wholly foreign-owned hospitals in major cities such as Beijing and Tianjin; China to require tech operators to improve the security capabilities of recommendation algorithms; and Australian blueberry producer wins over unlicensed Chinese nursery
Foreign marketing authorization holders are required to designate a domestic responsible person in China. Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information. NFRA specifies the non-performing assets that a financial asset management company may acquire.
