Intellectual Property

China regulates generative AI to mitigate risks of the technology; Anti-corruption campaign targets executives in the financial sector; and New IPOs perform well

ChatGPT has dramatically changed the world of AI and has profound implications for technology and human development. But can the legal system keep up and ensure appropriate protection of the intellectual property rights involved? Fang Qi and Danlei Wu of Fangda Partners explore this question

The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."

U.S. further protects its technology with new strike force; Hong Kong amends listing rules; and China accedes to the Apostille Convention for international business integration.

CNIPA clarifies matters on domestic priority claims for design patents.

2022 regulatory trends in China, including data protection, TMT, capital markets, PE/VC, IP, dispute resolution, healthcare, banking & finance, sanctions and antitrust.

US Congress passes Act to protect American intellectual property; China plans measures to boost foreign investment centrally and locally; and deals in the life sciences sector are subject to strong CFIUS scrutiny.

IP specialists from FenXun Partners, which operates a joint legal platform with Baker McKenzie in China, highlight some key developments in China's IP legislation and rights protection rules in 2022. The authors also discuss new challenges and notable cases that illustrate the evolving IP landscape in China, and share their insights into the likely IP development trends in 2023.

Proposed amendments to Trademark Law combats malicious registration; China issues new rules on deep synthesis technology; and First local GI regulations bring hope to local businesses