Jianwei Jerry Fang, Runyang Liu and Dianmeng Zhu of Zhong Lun Law Firm discuss the year's major legislative and judicial developments in civil and commercial dispute resolution in China.
FDI screening has gone from "a niche area for defense industry deals where it might be relevant" to "a part of every deal structure, timetable, and assessment of regulatory risks," a competition partner in Brussels said.
CSRC expands the scope of securities law practice of law firms. The proceeds derived by a foreign institution from an offering of bonds in China may be remitted abroad. Certification institutions may be engaged for certifying personal information protection.
Guanglei Zhang and Jinhui Zhang of Jingtian & Gongcheng examine the first decision of a Chinese court in which a secret pre-IPO agreement containing a valuation adjustment mechanism based on stock market price was declared invalid.
First Chinese court decision recognizes NFT as virtual property; international commercial law standards take effect in Hong Kong; and China's private pension sector set for rapid growth
Anti-unfair competition law draft prohibits improper use of others' commercial data. Parties may institute a civil case against monopolistic acts outside of mainland China. CBIRC sets forth criteria for engaging in private pensions.
