China increases regulatory framework for the pharma and life sciences sectors; Chinese authorities intervene to regulate VC funds management; and internet content providers could face stricter scrutiny on military-related content.
The sudden rise of DeepSeek AI has prompted regulators’ concerns over its processing of data; the EU plans to ensure e-commerce platforms are compliant with its laws; and U.S.-China tensions are pushing China-focused private equity funds to expand beyond China.
Data platforms that look into supply chains benefit from worsening U.S.-China trade relations; China issues first comprehensive guidelines on anti-corruption compliance for the healthcare sector; and complaints have been filed against TikTok, Shein, and AliExpress alleging they are transferring EU personal data to Chinese authorities in violation of GDPR rules.
In 2024, the U.S. continued placing wide-ranging restrictions on Chinese interests. What made that year different was the impact those restrictions have on third countries. Charles Wu of Clyde & Co reviews the legislative changes, and offers practical insights into their potential impact with a focus on third countries, and the path forward in 2025
Chinese cybersecurity regulator details on the lenient certification method for cross-border data transfer; U.S. issues final rule to prevent “adversarial nations” accessing U.S. citizens’ sensitive personal data; and U.S. to ban venture capital funds from backing certain PLA-affiliated companies
Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information. 5600/24.11.21, ISSUED: 2024-11-21
SAMR tightens rules on SEPs to protect competition; Lawsuit defines scope of search engines’ obligations on search result algorithms; and China promotes carbon neutrality in new environmental energy law.
A new 'negative list' governing outbound data transfer from the Beijing Free Trade Zone is set to dramatically streamline operations for companies in five key sectors. Wenpei Yu and Yunsi Hu of Lifeng Partners examine the list and how it will work in practice