China has launched its first cybersecurity review of a foreign semiconductor firm; New Zealand refuses to award a summary judgment on enforcing a Chinese ruling; and Chinese government officials are trying to boost foreign investment amid a loss in investment interest from American firms.
Sandeep Jadav and Shengyu Jin of FTI Consulting's Technology segment look at the impact of the ever-increasing use of data and the advent of new technologies on legal and investigations teams in the region
The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."
The U.S. approved nearly 70% of license applications for exporting goods and technology to blacklisted Chinese firms in 2022; Shenzhen and London Stock Exchanges sign agreement to implement a Shenzhen-London Connect; and online-generated credit reports replace "no illegal record" certificates in Shanghai
Casper Sek of Jingtian & Gongcheng examines China's long-awaited finalized standard contract provisions, and provides valuable guidance on how to prepare for the changes this will bring
Chinese state-owned enterprises urged to stop using Big Four due to data security concerns; small Chinese businesses to be subject to international data transfer requirements; and China encourages foreign investment in the real estate sector through private equity funds.