Hogan Lovells advises longstanding client, the world's largest steelmaker, China Baowu Steel Group (Baowu) on its investment in the Simandou mining and infrastructure project in the Republic of Guinea, West Africa. Simandou...more
China’s regulator in charge of employment issues, the Ministry of Human Resources and Social Security, and the Supreme People’s Court of China jointly published the Typical Cases of Labour and Personnel Disputes (First Batch)...more
The outbreak of the novel coronavirus COVID-19 is posing a major challenge to cross-border transactions globally. On March 11, 2020, the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic. ...more
The global outbreak of the novel coronavirus COVID-19 is having profound implications for businesses all over the world. A Hogan Lovells team of corporate and commercial lawyers from the United Kingdom, United States, and...more
3/17/2020
/ Business Interruption ,
China ,
Contract Terms ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Emergency Management Plans ,
Force Majeure Clause ,
Foreign Commerce ,
Frustration of a Common Purpose ,
Imports ,
Infectious Diseases ,
Joint Venture ,
OEM ,
Performance Standards ,
Risk Management ,
Suppliers ,
Supply Chain ,
Supply Contracts
The outbreak of novel coronavirus 2019-nCoV ("Coronavirus") is an extraordinary challenge for many transactions involving Chinese companies. In this section, we analyse its impact on certain key aspects of mergers and...more
2/18/2020
/ Best Practices ,
China ,
Coronavirus/COVID-19 ,
Corporate Sales Transactions ,
Covered Transactions ,
Financial Markets ,
Force Majeure Clause ,
Infectious Diseases ,
Investment ,
Investor Protection ,
Investors ,
Joint Venture ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management ,
Share Purchase Agreements
With the novel coronavirus (2019-nCoV, the "Coronavirus") spreads globally at alarming speed some countries have responded to the crisis by taking measures such as restricting or denying importation from China and requiring...more
2/18/2020
/ Air Cargo ,
Best Practices ,
China ,
Contract Terms ,
Coronavirus/COVID-19 ,
Exports ,
Force Majeure Clause ,
Imports ,
Infectious Diseases ,
Ports ,
Public Health ,
Risk Management ,
Safety Standards ,
Shipping ,
Shipping Cargo ,
Trade Policy ,
Vessels ,
World Health Organization
On 31 January 2020, the World Health Organization has announced the outbreak of novel coronavirus (2019-nCov), sourced from Wuhan, as a Public Health Emergency of Concern. The impact of the coronavirus outbreak, social...more
2/18/2020
/ Best Practices ,
Borrowers ,
China ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Infectious Diseases ,
Lenders ,
Loans ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management
On its face, China's new foreign investment law appears to drastically open the country up to foreign investment – what with an ever-decreasing “negative list,” rules aimed at eradicating intellectual property restrictions,...more
Following the ground-breaking People's Republic of China (PRC) Foreign Investment Law (FIL) which unifies and replaces the main existing rules governing foreign invested enterprises (FIEs) and their activities, namely the...more
Between July and August 2019, China's State Administration of Foreign Exchange ("SAFE") made one step forward towards China's comprehensive foreign exchange reform. The local branches of SAFE in China's 12 Free Trade Zones...more
China's new FIL and ambitious but controversial long-term strategies such as "Made in China 2025" mean potentially greater investment opportunities for international companies - particularly in high-tech manufacturing, life...more
6/5/2019
/ China ,
Foreign Direct Investment ,
Foreign Investment ,
Foreign Relations ,
Intellectual Property Protection ,
Investment Funds ,
Investment Opportunities ,
Investors ,
Multinationals ,
Technology Transfer Agreements ,
Trade Wars ,
US Trade Policies ,
Webinars
On 28 May 2019, the Cyberspace Administration of China (CAC) released the draft Measures on the Administration of Data Security (Data Security Measures, see our in-house English translation here) for public...more
The cybersecurity classified protection regime attracted significant attention when it was included in the Peoples Republic of China (PRC) Cyber Security Law promulgated in 2017 (the CSL). The CSL mandates that network...more
Many TMT companies have found China a market that is challenging to navigate. The challenges have included restricted sub-sectors, data localization requirements, and intellectual property protection. These market access...more
As had been widely anticipated, the Foreign Investment Law was voted into law by China's highest legislative body, the National People's Congress of the People's Republic of China on March 15, 2019.
...more
On December 26, 2018, the National People's Congress (NPC) of the People's Republic of China (China or PRC) issued a revised draft Foreign Investment Law (the 2018 Draft) for public comments, accompanied by an explanation...more
Foreign investment in cloud services is heavily restricted in China. For years, international cloud operators have been struggling to identify structures that address regulatory concerns, but at the same time enable a service...more
On 28 June 2018, the National Development and Reform Commission and the Ministry of Commerce released the Foreign Investment Market Access Special Administrative Measures (Negative List) (2018 Version), which will become...more
After two rounds of consultation, the China Insurance Regulatory Commission (“CIRC“) released the final version of the Administrative Measures for Equity Interests in Insurance Companies (the “New Measures“) on March 7, 2018,...more
On 19 May 2017, the Cyberspace Administration of China (the “CAC“) released a revised draft of its Security Assessment for Personal Information and Important Data Transmitted Outside of the People’s Republic of China Measures...more
On 4 February 2017, the Cyberspace Administration of China issued a draft of the Network Products and Services Security Review Measures (“Draft Measures“) for public comment: the Draft Measures remain open for comments until...more
On 25 November 2016, the Ministry of Industry and Information Technology, China’s telecommunications and Internet regulator, issued a draft Circular on Regulating Business Activities in the Cloud Services Market for public...more