The U.S. adds 12 Chinese entities to its export blacklist; Rules regulating listed companies to be consolidated; Didi ordered by regulators to delist from NYSE
Jianwei (Jerry) Fang and Runyang Liu of Zhong Lun Law Firm highlight provisions from the newly released Measures for the Security Assessment of Overseas Transfer of Data (Draft for Comments) issued by the Cyberspace Administration of China (CAC) and discuss the issues arising out of outbound data transfer
Hong Kong IPOs also subject to cybersecurity review; social, sustainability bond issuance pilot for foreign issuers; and U.S. law bars new equipment licenses for Chinese telecoms firms
The proliferation of data protection regulations has significant implications for AI service providers, who can expect more stringent rules moving forward