Foreign Direct Investment

China has launched its first cybersecurity review of a foreign semiconductor firm; New Zealand refuses to award a summary judgment on enforcing a Chinese ruling; and Chinese government officials are trying to boost foreign investment amid a loss in investment interest from American firms.

Companies need to designate a staff member and office to protect personal information for cross-border transfer

Approval is required when providing confidential surveying and mapping achievements to foreign parties.

The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."

Data transfer restrictions may be eased for foreign R&D centers

U.S. further protects its technology with new strike force; Hong Kong amends listing rules; and China accedes to the Apostille Convention for international business integration.

In one of a series of feature articles, Nathan Bush, Alistair White, Juliette Ginsberg, James Stewart and Richard Sterneberg of DLA Piper look at the varying and sometimes complex network of mechanisms which Chinese outbound investors face across Europe and Australia, as well as their effects on China onshore M&As

The U.S. approved nearly 70% of license applications for exporting goods and technology to blacklisted Chinese firms in 2022; Shenzhen and London Stock Exchanges sign agreement to implement a Shenzhen-London Connect; and online-generated credit reports replace "no illegal record" certificates in Shanghai

Chinese state-owned enterprises urged to stop using Big Four due to data security concerns; small Chinese businesses to be subject to international data transfer requirements; and China encourages foreign investment in the real estate sector through private equity funds.