Outbound Investment

European Commission publishes full text of China-EU investment deal; PBOC publishes draft rules targeting anti-competitive practices of payment platforms; NPCSC adopts decision launching Beijing Financial Court

Goldman Sachs set for full ownership of Chinese securities JV; U.S. Treasury fails to identify any financial institutions for secondary sanctions under Hong Kong Autonomy Act; FCC launches official review of China Telecom's operations in the U.S.

Scrutiny of Chinese investment in the U.S. is unlikely to ease anytime soon, but a Biden administration is expected to adopt a less abrasive approach than that of his predecessor

U.S.-China investment flows fell to record lows during the Trump administration, but a Biden administration is unlikely to deviate from its predecessor's policy goals

China's data protection regime is further aligning with the GDPR, good news for both Chinese companies wanting to go global as well as foreign companies already GDPR-compliant

PBOC publishes draft law revision with new provisions on digital currency; SAFE official announces plans to roll out new QDII outbound investment quotas; and 2020 "Sword Net" operation to look into unfair competition in e-commerce sector

The role of the general counsel is more important than ever as companies face wave after wave of uncertainty due to the pandemic

The role of the general counsel is more important than ever as companies face wave after wave of uncertainty due to the pandemic

Export of some technologies may now require approval from local authorities

TikTok drops U.S. sale, to partner with Oracle instead; China, EU investment treaty talks enter critical phase; and Goldman Sachs to take full control of securities JV