Transportation

Chinese auto companies are being asked CFIUS-like questions; Hong Kong’s new reciprocal enforcement regime is expected to provide more certainty to parties; and MOFCOM clears unequal treatment for foreign investors.

U.S. further restricts export of chips to curb China's technological advancement; China bans domestic brokerages from offshore trading in order to stabilize its currency; and Chinese court continues to not recognize crypto lending in civil litigation cases

China's cybersecurity laws are heavily enforced for businesses of all sizes; Chinese Gotion receives CFIUS approval to build an EV battery facility in Illinois; and Former SEC Chair proposes large public companies disclose their exposure to China

China meets executives of international firms in order to reassure them over data security regulations; CSRC seeks regulatory opinion for the frist time for overseas listing; and Chinese automobile parts included in U.S. import detention over Xinjiang concerns

The financial requirements for establishing auto finance companies are substantially increased

Shipping firms are demanding their Chinese counterparts include break clauses in contracts over concerns about sanctions; Florida and Montana have introduced laws restricting Chinese nationals from owning land; and China is investing in training and research of blockchain technology despite its harsh cryptocurrency crackdown;.

Speculation is growing about the potential extent of U.S. and China decoupling, which brings increased costs and regulatory restrictions. Thinking creatively about supply chain solutions, including building overseas factories local to the end consumer, may mitigate those effects, write Scott Yu and Frank Jiang of Zhong Lun Law Firm

Electric vehicle companies are trying to capture both U.S. and Chinese markets; Hong Kong Stock Exchange plans to mandate climate disclosures; and China aims to protect private enterprises

The insurance and road safety matters of intelligent connected vehicles are specified

The 2022 Encouraged Catalogue encourages foreign investment in the shipping sector