Casper Sek of Jingtian & Gongcheng examines a new set of measures promulgated by China's cyberspace regulator which seeks to keep pace with, and control in line with government ideologies, the rapid rise in generative AI technologies
Processors of personal data face a new annual audit; Dentons leaves China - another case of data decoupling; China and Saudi Arabia in talks about ETF cross-listing
A new set of Measures have been published by the People's Bank of China. In this article, Zhou Yang of Jingtian & Gongcheng examines the provisions and reveal how they will impact and assist data handlers in the financial sector
James Yong Wang and Ziyang Li from Jingtian & Gongcheng examine an unprecedented and significant new Regulation which represents the beginning of a new stage for the private investment fund industry in China
President Joe Biden's much-anticipated "Reverse CFIUS" executive order, which will require the screening of U.S. investments into China, will not apply retroactively, at least initially; The PBOC drafts rules on data security for its own business areas; and China aims to inject private captial into national infrastructure projects.
Tax is a key consideration when divesting a foreign investment, with a number of implications for a company's bottom line. Daisy Duan, Wang Yan and Chen Xiaohong of King & Wood Mallesons highlight the main impacts when exiting a Chinese investment
U.S. senators propose amendment to defense bill requiring the tracking of U.S. investments in China; Foreign firms are accelerating their push to decouple their data in China from the rest of the world; and China's commerce minister pledges to open up more opportunities to foreign pharmaceutical firms in a roundtable meeting
Jue Li and Joel Evans of DaHui Lawyers look at the difficulties foreign investors face when divesting from China, in particular those associated with dissolution and non-bankruptcy liquidation.
