U.S. pharma raises alarm over Trump’s proposed measures against Chinese drugs; China clarifies the type of employees to be bound by non-compete clauses; and Some stablecoin issuers complain that Hong Kong’s regime is too stringent.
Shanghai puts forward measures to boost foreign-advice business of Chinese law firms; JP Morgan and Bank of America subpoenaed by Congress over CATL IPO; and Nasdaq to require Chinese companies to raise $25 million in IPOs.
Part I of this series explained China’s general rules on foreign-related jurisdiction. In Part II, Jianwei(Jerry) Fang, Ke Dong and Haoyi Sun of Zhong LunLaw Firm show how Chinese courts will, in practice, assert jurisdiction in civil, administrative or criminal contexts involving foreign elements, and describe a new “blocking statute” that reflects China’s response to foreign long-arm claims.
Proposed AI ethics rules will require ethical committees in institutions; Japanese brand Muji’s two-decades old trademark dispute ends in defeat; and China steps up Belt and Road investment as Western trade barriers rise.
A Chinese court has loosened the scope of “product similarity” in trademark law to include virtual models of actual trademarked products. | China’s conviction of a crypto laundering defendant reflects stricter enforcement in cryptocurrency-related crimes. | New draft regulations allow for loans for minority M&A stakes.
Qiong Wu, Yuxiang Liu, Qingqing Chen and Xiaoyi Zhuang of Haiwen & Partners provide essential insights into an essential new judicial interpretation concerning labor dispute cases, including a comparison with the current rules and judicial practice and implications for compliance and risk management practices
Court interpretation of rules governing mandatory social insurance payments causes backlash; Proposed changes to implementation of China’s VAT regime aim to clarify gray areas; and Arkansas joins push to divest pension funds from China.
