Myra Gao, head of legal at Danfoss China, has played a critical role in helping her company navigate a turbulent business and investment landscape over the last year. Worsening U.S.-China relations and the COVID-19 pandemic have thrown up difficult challenges for companies in China from supply chain issues to data privacy. In this interview, the winner of the General Counsel of the Year International at China Law and Practice Awards 2020 shares insights into how she helped steer her company through these unprecedented challenges to the point of even forecasting growth this year.
The case against TikTok is the latest example of growing U.S. scrutiny of the overseas operations of Chinese companies amid worsening relations between the two countries. The U.S. is especially concerned about potential Chinese access to the personal data of U.S. citizens.
Trump issues executive orders barring transactions with WeChat, TikTok after 45 days; U.S. officials recommend delisting non-compliant Chinese firms by 2022; China introduces tax, investment incentives for domestic chipmakers
TikTok in limbo after Trump's threat to ban app from U.S. market; Luckin to be penalized by Chinese regulators over falsified sales; and Hong Kong bourse launches hedging tools for tapping A-share market