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China Pilots Relaxed Foreign Ownership Limits for Data Center and Other Value-Added Telecom Services

China’s telecommunications regulator, the Ministry of Industry and Information Technology (MIIT), has announced a pilot scheme that would allow foreign investors to establish wholly owned subsidiaries in Beijing, Shanghai,...more

18C Is Coming to Town – Synopsis and Selected Q&A

The Stock Exchange of Hong Kong Limited (“Exchange”) has recently published a Consultation Paper on the proposed new listing regime for Specialist Technology Companies on the Main Board by introducing a new Chapter 18C. The...more

[Webinar] China’s PIPL One Year On: What You Need to Know Now - September 27th - 29th, 9:00 am - 10:00 am EDT

We are kicking off Cybersecurity Month early with a masterclass on China’s Personal Information Protection Law (“PIPL”). The PIPL was issued on August 20 and came into effect on November 1, 2021. A year later, PIPL remains...more

EU-China Comprehensive Investment Agreement – Cloud (Services) On The Horizon?

On December 30, 2020, the European Commission announced an in principle agreement with China on the terms of an EU-China Comprehensive Agreement on Investments (“CAI”). It contemplates what the Commission’s press release...more

Data Center Investments In China: Cloud 9 For Foreign Investors?

Internet data center (“IDC”) projects in China have attracted ever-increasing investment interest from investors outside of China. Post-COVID-19 outbreak, this sector has become even hotter as more businesses seek to move...more

The Impact Of The COVID-19 Outbreak On PE Investors And Their Portfolio Companies In Asia – Part III

In Part I of this article, we discussed the possibility of PE investors, their portfolio companies, or their respective counterparties invoking material adverse change (MAC) or force majeure (FM) clauses to be relieved of...more

The Impact Of The COVID-19 Outbreak On PE Investors And Their Portfolio Companies In Asia – Part II

In Part I of this article, we discussed the possibility of PE investors, their portfolio companies, or their respective counterparties invoking material adverse change (MAC) or force majeure (FM) clauses to be relieved of...more

The Impact Of The COVID-19 Outbreak On PE Investors And Their Portfolio Companies In Asia – Part I

The COVID-19 (the official name of the 2019 novel coronavirus) outbreak is likely to have an effect on the PE landscape in Asia and on anyone with interests in Asia. In this three-part article, we examine how PE buyers,...more

China Looks to Tighten the Regulation of Cloud Services

What You Need to Know: China has issued a new draft law tightening the regulation of cloud services. The draft: ..covers onshore hosted SaaS and PaaS (but possibly not IaaS) ..imposes new restrictions on...more

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