Tests for the Greater Bay Area cross-border data verification platform start in the financial industry; Beijing Internet Court decides case to protect natural voices modified by AI; and Chinese mining companies eye opportunities as BHP Group offers to acquire rival
The release of goods and determination of customs duty amounts may be carried out separately. Procedures are facilitated for marketing of domestically produced foreign pharmaceuticals. Government procurement may invite a supplier to cooperate in research and development.
Surveillance camera maker Zhejiang Dahua exits U.S. market amid sanctions; China implements measures to boost mainland companies seeking to list in Hong Kong; and China rolls out measures to boost overseas investments in domestic sci-tech companies.
China designates four pilot areas for foreign investment into telecommunications without ownership caps; CFIUS may be allowed to request more information on transactions that were not filed with them; and CSRC proposes tighter controls on programme trading
China lifts foreign investment restrictions on value-added telecommunications services. Generative AI service providers are required to conduct self-assessments of the security of their training data. SAFE simplifies foreign exchange procedures for foreign trade enterprises.
Shanghai opens new data service center designed to allow for freer data flows; A bipartisan bill introduced in the U.S. Congress would prevent index funds from investing in Chinese companies; and Former employees of Chinese tech giants, even those who worked at a junior level, are bound by non-compete clauses.
Data handlers are required to identify core and key data. Measures are laid out for handling of sensitive data by banking and insurance institutions. A data transfer path is required for transferring natural resources data.
U.S. expands its ban on forced labor and restricts domestic companies from supplying Chinese microchip factories; NFRA publishes draft measures designed to improve loan syndication in China and align with international standards; and Chinese EV company CH Auto Technology merges with a Delaware SPAC company.
China allows ordinary employee information to be transferred out of jurisdiction without restrictions; EU Chamber report addresses regulatory clarity after risk concerns arise; and Japanese company wins trademark trolling case on unfair competition grounds.
