News & Analysis as of

China

Navigating the Uncertain Chinese Cybersecurity Law: What We Know and How to Steer Accordingly

by Alston & Bird on

As of June 1, 2017, China’s new Cybersecurity Law came into force. The Cybersecurity Law has broad implications for any company that does business in the country as the Chinese government has asserted even greater control...more

China’s New Cybersecurity Law Takes Effect But Remains Ambiguous

by King & Spalding on

China has moved to start enforcing its new cybersecurity law as of Thursday, June 1, but the impact of the rules on foreign firms remains to be seen. The law was originally promulgated November 7, 2016 and serves to increase...more

In Case You Missed It: Launch Links - June, 2017 #3

by WilmerHale on

Some interesting links we found across the web this week: How to Bypass Bureaucracy When Scaling Your Startup - Keeping that startup-feel alive beyond the growth stage can be difficult. ...more

New Details Emerge on Legislative Proposal to Modernize CFIUS Process

As the Trump Administration continues to examine its trade relationship with China, legislators in Congress are looking to modernize the Committee on Foreign Investment in the United States (CFIUS) review process in order to...more

Dinner Table Conversation: How an Offhand Comment may Signal a Shift in the Global Trade of Semiconductors

On June 19, Commerce Secretary Ross mentioned at a Wall Street Journal CFO dinner that the Administration is now considering launching an investigation of semiconductor imports under Section 232 of the Trade Expansion Act of...more

U.S. Withdrawal from the Paris Agreement Creates an Opening for China to Lead

by Latham & Watkins LLP on

On June 1, 2017, President Trump announced during a speech at the White House that the United States will withdraw from the Paris Agreement, fulfilling a campaign pledge to end the agreement that the President argued would...more

China Increases Focus on Electronic Waste

by Latham & Watkins LLP on

As a world leader in the manufacturing of electronic devices, China is beginning to reform its rules and regulations to ensure that the resulting framework is able to keep pace with the rapid developments now taking place in...more

China Relaxes Some Restrictions on Foreign Investment in China's Pilot Free Trade Zones

by WilmerHale on

The General Office of China's State Council posted on June 16 the Special Measures on the Administration of Entry by Foreign Investment in Pilot Free Trade Zones (Negative List) (2017 edition) (Guobanfa [2017] No. 51, dated...more

Innovation drives dealmaking: Outlook for M&A in Israel - Investors continue to flock to Israel, as innovation and technological...

by White & Case LLP on

Dubbed the "startup nation," Israel is an epicenter of innovation. It boasts more venture capital firms and startups on a per capita basis than any other country in the world. In tech terms, it is second only to Silicon...more

China’s New Rules on Cross-Border Data Transfer - PRC imposes security assessment requirement on network operators transmitting...

On April 11, 2017, the Cyberspace Administration of the People’s Republic of China (CAC) released a draft of the Measures for the Security Assessment of Personal Information and Important Data to be Transmitted Abroad (Draft...more

Trump Administration Highlights Limitations of CFIUS Process

In separate public statements last week, two Trump administration cabinet secretaries expressed concerns with the national security review process of the Committee on Foreign Investment in the United States (CFIUS). They also...more

PRC Cybersecurity Law: take action and monitor developments to avoid losing your China business

by DLA Piper on

The PRC Cybersecurity Law is three weeks old, and non-compliant international businesses are already facing severe consequences. Since 1 June, twenty-two people engaged by a global technology giant have been arrested, and...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Uber CEO Travis Kalanick’s indefinite leave of absence just got a whole lot more definite with news late yesterday that, bowing to pressure from shareholders, Kalanick has resigned from his post altogether....more

Latin America Dispute Resolution Update – The Latest Developments in Cross-Border Disputes Involving the US and Latin America

The Continuing Rise of Chinese Investment in Latin America - Chinese investment and transactions in Latin America exceeded US$125 billion in the last decade, and China is expected to continue to be a key player in Latin...more

The Cyberspace Administration of China Released the First Batch of Network Products that Are Subject to Security Review

by Dechert LLP on

The Cyberspace Administration of China ("CAC") recently released the first batch of "Catalog" - a listing of the specific network products that have been identified for review under China's New Cybersecurity Law. This article...more

Globalization in the Trump Era: A Snapshot at Five Months

by Holland & Knight LLP on

The era of globalization may not be over, but the post-World War II global trading regime is undergoing a period of stress last seen during the demise of the Bretton Woods exchange mechanism in the early 1970s. I. General...more

A New Chinese National Intelligence Law Is On Its Way

by Jones Day on

The Standing Committee of the National People's Congress ("SCNPC"), the legislative body of the People's Republic of China ("PRC" or "China"), released a first draft of the National Intelligence Law ("Draft") on May 16, 2017....more

China’s New Pesticide Regulations Become Effective

by Bergeson & Campbell, P.C. on

On June 1, 2017, in the People’s Republic of China (China), a newly revised Regulation on Pesticide Administration (RPA) became effective. The newly revised RPA was approved during the 164th executive meeting of the State...more

Taiwan: Cross-border opportunities amid global change: Current Asia-Pacific financing trends: Key issues and opportunities - A...

by White & Case LLP on

Significant economic factors and various government policies have been driving financing opportunities, financing structures and the types of deals that have recently closed and are currently being conducted throughout the...more

Arbitration and Mediation in Hong Kong: Financial Assistance on the Way

Hong Kong has traditionally been reluctant to allow claimants’ legal costs to be paid by third parties who have no direct legitimate interest in the outcome of the dispute. By virtue of legislation passed earlier this...more

China FDA Proposes Hatch-Waxman-Like Regulatory Framework Linking Drug Approval to Patent Rights

Recently, the China Food and Drug Administration (CFDA) issued a policy proposal linking drug approval to patent rights.1 The proposal is intended to promote innovation in the development of both drugs and medical devices and...more

Blockchain Week in Review - June 2017 #5

by Perkins Coie on

Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

U.S. Agencies Step Up Insider Trading Enforcement Against Foreign Nationals, Particularly Chinese Traders

by Perkins Coie on

Investigations and enforcement actions by the U.S. Securities and Exchange Commission (SEC) and U.S. Department of Justice (DOJ) targeting potential illegal insider trading by foreign nationals, particularly by those in...more

IoT Cybersecurity and Data Privacy Trends in Asia: Be Ready

by Hogan Lovells on

In this hoganlovells.com interview, Hong Kong-based Hogan Lovells partner Mark Parsons talks about the regulatory environment in Asia as it relates to cybersecurity, data privacy, and the Internet of Things (IoT)....more

China Employment Law Alert: New Work Permit Policy for Expats in China

by Seyfarth Shaw LLP on

Seyfarth Synopsis: A new Work Permit Policy (Policy) is being implemented in China. The Policy had been initially implemented, from October 2016 to March 2017, through a pilot program in a number of regions including...more

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