Foreign Direct Investment

A U.S. prosecutor has raised concerns over China's data retention policy. Another foreign brand, Manolo Blahnik, wins its case in a two-decade-long trademark fight. The CAC imposes a fine of more than RMB 8 billion on Didi for serious violations of national and data security.

SAMR proposes to raise the thresholds for concentration filings

Revised Anti-monopoly Law includes provisions on hub and spoke conspiracies

Nate Bush, Ray Xu and Della Ding of DLA Piper highlight key changes to merger control under the Amended Anti-Monopoly Law and draft regulations including increased revenue thresholds, investigation of "below threshold" transactions and clarification of what is meant by gun-jumping

Overseas transfer of data includes access to data within China by overseas entities

CAC specifies the criteria for transferring personal information out of mainland China with standard contracts

New draft defines "business operators involved in a concentration".

Hong Kong-Mainland integration of interbank market for rate swaps; National security probe into prominent academic database; Draft rules on management of private pension funds

Jianwei (Jerry) Fang and Runyang Liu of Zhong Lun Law Firm discuss how to invoke reciprocity for a foreign judgment in China, and explore what recent court decisions reveal about China's approach toward recognizing and applying reciprocity.