The second draft leaves certain aspects vague, targets business information and requires national security reviews. Lawyers advise MNCs to have risk management protocols for cross-border data transfers
The SAIC has clarified the e-commerce 7-day return policy, local AICs have begun accepting trademark registration applications, and the National Social Security Fund has tightened trust loan security requirements
What is the best approach to litigation for a foreign company in China? What are the risks and restrictions to be aware of when drawing up a dispute resolution clause and selecting a forum? What specific features related to proceedings, jurisdiction and enforcement must a party take into account?
In its latest report the Supreme People's Court explains the new patent, trademark and copyright concepts explored through the year's most complex and major IP disputes
This week the State Council encouraged local governments to invest in startups, a Rmb350 billion fund for restructuring SOEs was established and Dalian Wanda partnered with Sony Pictures to finance and market movies
China has simplified the approval process to record filing for all foreign investments outside the negative list. Investors are advised to plan ahead for the impact on deals, compliance, and the regulatory kinks to be ironed out in the transition to a unified national regime
The NDRC has drafted a revised FDI catalogue for central and western China, the Shanghai FTZ has opened the renminbi bond market and e-data has been permitted to be frozen for investigations
