Corporate Governance

• State Administration for Market Regulation, General Administration of Customs and the State Administration of Taxation, Guidelines for the Deregistration of Enterprises (Revised in 2023)

  国家市场监督管理总局、海关总署、国家税务总局关于企业注销指引 (2023年修订)

  Guidelines provide for the simplified deregistration procedure

  February 02, 2024

• In the News: US Corporate Transparency Act; China AI Regulations; and Generali Group Buys Generali China Insurance

  Entities doing business in the U.S. must report information about their beneficial ownership to FinCEN; China bans researchers for listing AI-generated content as a co-author of their papers; and Italian Generali conducts first-ever foreign insurance acquisition in China

  January 18, 2024

  

• In the News: China Restricts Export of AI Algorithms; JD Wins Anti-Monopoly Case Against Alibaba; and Criminal Law Revised

  China restricts export of personalized push services based on AI algorithms; JD.com wins anti-monopoly case with record damages; and China amends Criminal Law to increase punishment for corruption

  January 03, 2024

  

• In the News: The NDAA 2024 Provisions for China; China Amends Company Law to Regulate Shareholder Behavior; and China's Supreme People's Court Creates a Public Case Database

  The U.S. issues renewed national security legislation focusing on defense contracts with Chinese military companies; China amends its Company Law to strengthen the rights of shareholders; and China's top court set up a case database to standardize adjudication across the country.

  December 28, 2023

  

• In the News: Landmark Oppo v Nokia Patent Case Settled; Gotion Deal Scrutiny; and Apps' Illegal Collection of Personal Data

  Chinese court established the FRAND rate for 5G patents in Oppo v Nokia case; Regulator warns Gotion of failing to disclose conditions of its deal with Illinois; and Apps like Alibaba Marketplace and Taobao Alliance are violating data collection laws

  December 15, 2023

  

• In-House Insights: Managing a China-Focused Private Equity Firm

  Former China COO of Morgan Stanley compares the challenges of being a senior executive at a boutique private equity firm against that of a bulge bracket investment bank

  December 15, 2023

  

• In the News: State Secrets Law Amendments; Sequoia U.S. Probe; and Land Price Cap Scrapped

  China's proposed amendment of its state secrets law has alarmed foreign businesses; a U.S. Congressional committee will probe Sequoia over its China tech investments; and China will scrap its price cap on land sales to revive its property market

  October 25, 2023

  

• In the News: First VIE Overseas Listing Approved; Dyson IP Dispute Mediated; and Cash Dividend Amendments

  China approves the U.S. listing plans of VIE-structured company CheChe; Chinese IP court helps mediate dispute between Dyson and Dreame; and CSRC proposes rules to encourage companies to pay their dividends

  September 20, 2023

  

• Office of the Central Cyberspace Affairs Commission, Specifications for the Work Associated with the Acceptance of, and Dealing with, Reports of Enterprise-Related Online Infringement Information by Website Platforms

  中央网络安全和信息化委员会办公室网站平台受理处置涉企网络侵权信息举报工作规范

  Website platforms are responsible for dealing with online enterprise-related infringement information

  September 17, 2023

• Labor Issues for Foreign Investors Divesting from China

  Liu Yuxiang and Wu Qiong, labor law specialists at Haiwen & Partners examine the important and sometimes difficult labor law issues which can arise for foreign investors seeking to exit China

  September 17, 2023