China Law News

TikTok drops U.S. sale, to partner with Oracle instead; China, EU investment treaty talks enter critical phase; and Goldman Sachs to take full control of securities JV

The EU foreign investment review regime is undergoing seminal reforms with Chinese investment in the crosshairs

SAMR defines the commercial value of trade secrets, SAT clarifies calculation of resource tax on third party purchases, and medium and small shareholders may participate in corporate governance more easily.

China issues draft rules easing foreign access to onshore bond markets; Citigroup becomes first U.S. bank to receive fund custody license; and Yum China bags $2.2 billion in Hong Kong secondary offering

Export of some technologies may now require approval from local authorities. Independent fund sales institutions are not allowed to sell PE/VC funds on an agency basis. Foreign investors may complain to higher-level authorities if not satisfied with a complaint handling.

China restricts AI exports, TikTok sale in jeopardy; Mengniu's Australian purchase falls through with no government approval forthcoming; JPMorgan buys out mutual fund JV partner for $1 billion

An intellectual property transfer may lead to a filing for a concentration of business operators. The acceptance of an undertaking of a business operator does not affect the determination of a monopolistic act. Permit requirements for unmanned civil aircraft are specified.

Trump administration tightens choke-hold on Huawei's global access to chips; China to trial direct access for foreign investors to interbank bond market; and index provider MSCI launches climate change indexes for China stocks

The first reporting investor may be exempted from antitrust penalties, new auto industry guidelines list acts that could be found to be an abuse of dominant market position and applicants for administrative permission are required to expressly indicate the key confidentiality points.