US Congress passes Act to protect American intellectual property; China plans measures to boost foreign investment centrally and locally; and deals in the life sciences sector are subject to strong CFIUS scrutiny.
China publishes exceptions to foreign state immunity. CNIPA clarifies matters on domestic priority claims for design patents. Draft VAT Law lists transactions that are not subject to VAT.
Proposed amendments to Trademark Law combats malicious registration; China issues new rules on deep synthesis technology; and First local GI regulations bring hope to local businesses
China opens treasury bond futures to foreign bank; no protection for crypto investment; and ORFS bring Hong Kong in line with other major arbitration centers
Pinduoduo and Full Truck Alliance continue to list in the U.S.; Chinese companies raised far more money in Europe than U.S. in 2022; and official reports show promising improvements to China's IP systems
Foreign judgments that violate PRC security will not be recognized. Company Law draft enhances shareholders' responsibilities for capital contribution. Core elements of regulatory rating of foreign bank branches place more emphasis on compliance.
U.S. gains full access to audits of Chinese companies; Fidelity targets China's mutual fund industry following the opening up of China's private pension industry; and China connects with Germany for overseas listings.
Industrial data processors are required to file its catalogues of key data and core data with the industry regulator. MOF clarifies accounting treatment for enterprise data resources. Deep synthesis involving editing of biometric information of individuals requires their separate consent.
CSRC expands the scope of securities law practice of law firms. The proceeds derived by a foreign institution from an offering of bonds in China may be remitted abroad. Certification institutions may be engaged for certifying personal information protection.
First Chinese court decision recognizes NFT as virtual property; international commercial law standards take effect in Hong Kong; and China's private pension sector set for rapid growth
