In the News: Shanghai Opens New Data Service Center; US Lawmakers Propose Ban on Index Funds Investing in Chinese Companies; and Tech Companies in China Allegedly Abuse Non-Compete Clauses
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.