Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information / CLP Reference: 5600/24.11.21 ; Issued: 2024-11-21
December 13, 2024
Legal
While companies from third countries do not necessarily need to divest from China to invest in the U.S., they should be prepared for CFIUS scrutiny of their China operations
December 13, 2024State Intellectual Property Office issues guidelines on AI as patent inventors; German and British companies are less optimistic about their China prospects, with a caveat; and U.S. adds a range of companies involved in Chinese chipmaking to Entity List
December 11, 2024China releases a pilot plan to allow wholly foreign-owned hospitals in major cities such as Beijing and Tianjin; China to require tech operators to improve the security capabilities of recommendation algorithms; and Australian blueberry producer wins over unlicensed Chinese nursery
December 05, 2024Foreign marketing authorization holders are required to designate a domestic responsible person in China. Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information. NFRA specifies the non-performing assets that a financial asset management company may acquire.
December 02, 2024CSRC issues rules to instruct listed companies to manage its market value / CLP Reference: 3700/24.11.06 ; Issued: 2024-11-06
December 01, 2024Arbitration Law draft provides for interim measures / Issued: 2024-11-08
December 01, 2024EU to ban products and components involved in forced labor; EU plans to require tech transfers for Chinese companies to obtain subsidies; and Shanghai court’s opinion allows Chinese individuals to own cryptocurrency
November 28, 2024In Part I of this series, Daisy Duan, Yingjie Yang and Cuishi Li of King & Wood Mallesons introduced the implications of the amended PRC Company Law for Formal Capital Reductions. In Part II, the authors focus on the accounting and tax treatments of Substantive Capital Reductions, and analyze the tax risks of shareholders with regard to capital reductions not made at fair market value.
November 25, 2024Chinese developer sues Apple for removing its app from the App Store; CSRC requires increased shareholder returns to boost stock prices; and Foreigners are choosing to work remotely instead of moving to China
November 21, 2024
