The final rules of reverse CFIUS differ from the draft version; China changes its foreign investment rules to attract more long-term and high-quality investments; and Chinese data center company raises $1 billion from U.S. PE investors.
A foreign investor is allowed to subscribe for new shares of a listed company as a placement target determined by means of competitive bidding. NMPA clarifies the qualifications of a foreign-invested enterprise that may produce imported medical devices in China. Large data security incidents are required to be reported to the local industry regulator.
As the international picture remains uncertain, Chris Niewoehner, Jessica Rothschild and Lin Yang of Steptoe LLP examine the particular challenges faced by Chinese companies caught up in U.S. criminal cases
The final rules of reverse CFIUS differ from the draft version; China changes its foreign investment rules to attract more long-term and high-quality investments; and Chinese data center company raises $1 billion from U.S. PE investors.
Pilot project allows Tesla and HSBC to independently operate data centers in China; WeRide's lead legal adviser comments on overseas IPOs; and Austria's Starlinger settles patent infringement case with Chinese machine manufacturers.
National Data Administration provides official definitions of 41 terms in the data sector. Offshore entities are allowed to participate in segmented production of biological products. The National Financial Regulatory Administration encourages the development of personal pension insurance products.
