News & Analysis as of

China

From China to the World: Cross-border Transactions

Akin Gump Corporate Partner, Meng Ru attended the 2018 Harvard China Law Symposium and participated on the panel, From China to the World: Cross-border Transactions. The overall theme of the conference was Entrepreneurship...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Another day, another massive Chinese IPO. This time, its ride-hailing company (and former Uber rival) Didi Chuxing, which could go public later this year and has its sights set on a $70-$80 billion valuation....more

US Hammers ZTE with Export Denial Order, May Further Weaken Trade with China

by Bass, Berry & Sims PLC on

• 7-year denial order imposed against Chinese telecommunications equipment maker • Denial order strictly limits business with company • Action comes as U.S. imposes other trade restrictions on China On April 16, U.S....more

Iran Sanctions - JCPOA in the Balance

by Dechert LLP on

On 12 May 2018, US President Trump will decide whether or not to renew the US sanctions relief in relation to Iran. Declining to do so would put the US in breach of, and amount to US withdrawal from, the JCPOA, the Iran...more

China FDA Issues Guidance on 3D Printed Medical Devices

by Knobbe Martens on

More than two and a half years after the China Food and Drug Administration (CFDA) formally approved its first three-dimensional (3D) printed medical device for mass production, a hip implant co-developed by Peking...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Not an ideal report on the state of affairs for Zelle, the big banks’ payment-platform answer to Venmo. The Times reports that the “same features that make Zelle so useful for customers, its speed and ubiquity, have made it...more

U.S. Commerce Department Rescinds Export Privileges For China’s ZTE

by Husch Blackwell LLP on

On April 15, 2018, the Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a denial order against ZTE Corporation and ZTE Kangxun Telecommunications Ltd. (collectively “ZTE”), effectively banning U.S....more

Denial of Export Privileges for ZTE

• The United States Department of Commerce announced the denial of export privileges against Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd. (collectively, ZTE) on April 16, 2018....more

China’s Intervention Against Vertical Agreements

by Shearman & Sterling LLP on

On December 9, 2016, the PRC National Development and Reform Commission (NDRC) handed down its decision against medical device company Medtronic for having concluded and implemented a vertical monopoly agreement by...more

Exclusion Options from Steel and Aluminum Tariffs

by Varnum LLP on

As noted in our recent tax advisory, President Trump Issues Proclamations Imposing Increased Tariffs on Imported Aluminum and Steel, President Trump signed two proclamations imposing tariffs of 25 percent on imported steel...more

US Department of State Releases May 2018 Visa Bulletin

by Morgan Lewis on

Final Action dates for China and India EB-1 categories remain unchanged, while EB-2 China and EB-3 India cutoff dates will advance....more

Seedy Business: Chinese Scientist Sentenced to Ten Years for Stealing Proprietary Rice Seeds

In 2013, U.S. Customs and Border Protection agents caught researchers attempting to smuggle a $75 million trade secret from the United States to China. ...more

ZTE Corporation Sanctioned Again—Prohibitions on Transactions Involving U.S.-Origin Items Effective Immediately

On April 15, 2018, Zhongxing Telecommunications Equipment Corporation (ZTE Corporation) and ZTE Kangxun Telecommunications Ltd. (ZTE Kangxun) (collectively "ZTE") were added to the U.S. Department of Commerce's Bureau of...more

China to Relax Joint Venture Requirements for Manufacturing

by Foley & Lardner LLP on

On Tuesday, Chinese President Xi Jinping announced a planned rollback of the manufacturing foreign ownership limits first set forth in the 1990s, which require that manufacturing operations in China be at least 50% Chinese...more

Petition Summary: Quartz Surface Products From China

by Husch Blackwell LLP on

On April 17, 2018, Cambria Company LLC filed a petition for the imposition of antidumping and countervailing duties on imports of Quartz Surface Products from the People’s Republic of China....more

China’s ZTE Corporation Has Export Privileges Suspended for Next Seven Years

by Kelley Drye & Warren LLP on

On April 15, 2018, the Bureau of Industry and Security (BIS) issued an Order relating to Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd. (collectively, ZTE) that suspends the export...more

Has the dust settled on OEM trademark infringement? China’s SPC reaffirms that OEM does not infringe on Chinese trademarks

by Hogan Lovells on

In a recent landmark decision, the Supreme People’s Court (“SPC”) reversed the remarkable appeal decision in the Dongfeng trademark case about Original Equipment Manufacture (“OEM”). The SPC reiterates its view expressed in...more

BIS Activates Export Denial Against Chinese Telecom Titan ZTE

by BakerHostetler on

Pursuant to a denial order issued by the U.S. government on April 15, 2018 (the “Order”), U.S. persons and foreign companies purchasing U.S. items can no longer export or re-export U.S.-origin products to ZTE, facilitate...more

Enforcing IP Rights In China: A Road Map For US Companies

by WilmerHale on

The United States loses between $225 and $600 billion each year due to misappropriation of intellectual property — an estimated 50-80 percent of which has been attributed to China. While Chinese officials have taken steps to...more

Trump Administration’s Clashes with China on Trade and Investment Demonstrate Importance of Vetting International Trade and...

by Foley & Lardner LLP on

If private equity and other investors were not aware of the power of the secretive Committee on Foreign Investment in the United States (CFIUS, or the Committee), its decision to reach out and quash the potential...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

China announced yesterday that it was loosening its rules forcing foreign carmakers to link up with a local partner before building factories in China—a move that some see as a step to lowering tensions with the US....more

Bureau of Industry and Security Imposes Denial of Export Privileges Against ZTE

by Foley Hoag LLP on

On Monday, April 16, 2018, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced that it was imposing a denial of export privileges against Zhongxing Telecommunications Equipment Corporation of...more

Stone Industry Rocked by New Trade Case on Quartz from China

by Clark Hill PLC on

A new US antidumping (AD) and countervailing duty (CVD) case was filed on April 16, 2018 by Cambria Company LLC against imports of Certain Quartz Surface Products from China. The case targets numerous US importers and Chinese...more

China Announces New Initiatives to Level the Playing Field for Innovative and Generic Drugs

by Ropes & Gray LLP on

China’s Government will launch several incentives to enhance accessibility of innovative drugs, especially imported oncology drugs. The State Council, China’s cabinet, has decided not to apply any tariff on imported drugs,...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The White House has chosen Columbia University economist Richard Clarida as Fed Vice Chair—the number 2 spot at the central bank. Clarida is a “monetary policy scholar” and former Bush II administration Treasury official....more

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