China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen
The Supreme People's Court (SPC) 2018 Annual Report on Intellectual Property serves as a tool not only for precedential value for the lower courts but also a guide that provides insight for predictable outcomes of future disputes.
Alibaba files for Hong Kong listing that could raise $20 billion; China's state planner will encourage more debt-to-equity swaps; insurers likely to be allowed to up investments in Chinese A-shares; and official proposes beefing up penalties for IP violations.
Joe Simone of SIPS examines recent amendments to China's Trademark Law which focus on bad
faith trademark registrations, civil compensation for infringement and disposition of seized goods and
equipment – changes intended in part to help resolve the pending trade dispute with the US.
Troy Rice of SIPS Hong Kong discusses the implications for foreign IP owners of the recent changes to foreign investment, cross-border tech transfer, and trade secrets laws, as well as cross-border agreement drafting considerations in light of these developments.
Ericsson faces investigation over its intellectual property licensing practices; investors in CDRs of innovative enterprises will enjoy a three-year tax break on profits; and China issues a new rule to improve the supervision of elderly care services.
