China prohibits compliance with foreign sanctions, rules targeting Chinese entities; FTSE Russell, MSCI, S&P Dow Jones drop Chinese telecom companies; and CAC releases revised internet regulation draft
SPC clarifies labor dispute issues over non-compete clauses and disputes over property registration. Platform operators are not allowed to engage in wealth management.
Cindy Shuqi Zhen of Wan Hui Da Intellectual Property discusses the impact of the Third Amendment to the PRC Copyright Law, which represents the latest effort to enhance the protection of intellectual property in China
China's military-civil fusion was a major target of U.S. sanctions and export controls in 2020. Chinese companies saw their access to U.S. technology severely restricted by the expanded extraterritoriality of export control rules as well as new lists compiled by various government agencies targetting specific Chinese military end-users.
Daisy Duan and Wang Yan of King and Wood Mallesons look back at the key tax developments which took place in 2020, and consider the outlook for the coming year.
