News & Analysis as of

New Shanghai Free Trade Zone Policy: WFOEs Now Permitted to Provide E-Commerce Services

Action Item: The Ministry of Industry and Information Technology of the People’s Republic of China has announced that foreign investors may now hold 100 percent of the equity shares in e-commerce companies located in the...more

China’s New Policy for Foreign Investment in E-Commerce - Shanghai Free Trade Zone Opens Door for Complete Foreign Ownership in...

Further to the early 2014 policy that relaxed the restrictions on the foreign equity ratio in value-added telecommunications business in the Shanghai Free Trade Zone (“Shanghai FTZ”), on January 15, 2015, the Ministry of...more

China removes foreign investment cap on e-commerce business in the Shanghai free trade zone

The PRC Ministry of Industry and Information Technology (MIIT) announced on January 13, 2015 that effective the same date, the investment ratio restriction for foreign investment in e-commerce business (falling under the...more

CPSC and E-Commerce Giant Alibaba Ink Deal to Block Sale of Recalled Products to U.S. Consumers

Following an ABC 20/20 investigative story where CPSC Chairman Elliot Kaye called Craigslist’s failure to block the sale of recalled products “morally irresponsible,” the agency announced yesterday that it has entered into an...more

EU Customs Practice Group - October 2013

In This Issue: *EU POLICY: - UCC developments *TARIFFS: - Duty Suspensions and Tariff Quotas - GSP- GSP+ Country List - GSP – Temporary Withdrawal - e-Commerce moratorium - WTO waiver...more

China to Boost Cross-Border E-Commerce

On Aug. 29, 2013, the Ministry of Commerce (the "MOFCOM"), in collaboration with eight other ministries and departments, released an "Opinion on Implementing Relevant Policies for Supporting Trans-boundary E-commerce Retail...more

New Law on Customer Data Protection in China Impacting Telecom and Internet Companies

The Rules Regarding the Protection of Personal Information of Telecommunications and Internet Users (the “Rules”) were adopted and announced on July 16, 2013 by the Chinese Ministry of Industry and Information Technology (the...more

Hong Kong-China Mutual Funds Recognition Passport

Since a public statement by the Hong Kong Securities and Futures Commission (SFC) in January regarding the new Hong Kong-China Mutual Funds Recognition Passport scheme, there have been no additional formal announcements by...more

Distribution in China – Legal Issues

McDermott Will & Emery is pleased to offer “Distribution in China – Legal Issues*,” a one-stop resource covering distribution in China, including: The business models and legal structures most commonly used for...more

Privacy in China: New Rule to Protect Personal Information

The Standing Committee of the National People’s Congress (NPC) of the People’s Republic of China adopted a Decision Relating to Strengthening the Protection of Information on the Internet (the Decision) on December 28, 2012....more

Skadden's 2013 Insights: Global Litigation

New legal ground is expected to be broken this year in areas of importance to companies and their directors, officers and executives. We see those developments coming from around the globe and defining the litigation...more

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