Other Briefings
China Amends Civil Procedure Law: Impact on Foreign Companies
A new amendment to China’s Civil Procedure Law expands the jurisdiction of Chinese courts, making it easier for foreign-related cases to be heard in China. Foreign firms and new China-bound investors are advised to familiarize themselves with the fine print of the law.
China’s Proposed Measures to Ease Cross-Border Data Management for MNCs
We provide an overview of the current cross-border data transfer requirements and China’s initiatives to facilitate cross-border data management for multinational corporations (MNCs).
China’s New Rules for Private Funds: Implications for Chinese and Foreign Fund Managers
China’s new Private Fund Regulations came into effect on September 1, 2023, which provide clearer administrative measures on the country’s rapidly growing private fund sector. Key points and implications are summarized here.
Closing Your China Bank Accounts During Company Deregistration: New Instructions and Tips
We will delve into the recent directives disseminated to Chinese banks by the central authority, the People’s Bank of China (PBoC), outlining the stipulations pertinent to the company deregistration procedure.
China to Require Regular Compliance Audits for Personal Information Protection
New draft rules require companies to undergo regular audits to ensure compliance with the China Personal Information Protection Law (PIPL).
China Signals Support for Platform Companies Amid Easing ‘Tech Crackdown’
China’s technology sector witnessed a sudden increase in regulatory scrutiny, resulting in major fines, antitrust penalties, and need for restructuring in the last 3 years. However, the ‘tech crackdown’ may well be in sight with the government showing open support for platform companies at all levels.
How to Interpret China’s First Effort to Regulate Generative AI Measures
By creating a secure and conducive operational environment, China aims to foster innovation and responsible use of generative AI in various sectors. We discuss pertinent new regulation and its impact on the tech market.
Carbon Labeling on Products: Global Practice and Implementation in China
We discuss the practice of carbon labeling and its adoption by companies in select countries. China’s ‘dual carbon’ goals have resulted in recent regulatory developments and increased use of carbon labels.
