Special audits may be required targeting personal information and data security compliance. Shanghai FTZ exempts stamp tax for offshore trade. The carrying out of specialized subcontracting of road works is encouraged
U.S. government agencies publish compliance note for foreign persons regarding sanctions and export controls; The European Union to ban products made with forced labor; and U.S. bill aims to protect data that would reveal the personal health and genetic information of Americans.
Work secrets are also required to be kept confidential. Limited liability companies are required to have their capital contributions paid in full in five years. Criteria for providing classified surveying and mapping product to a foreign party are set forth.
Chinese court rules against an AI platform for copyright infringement for the first time; the U.S. Department of Commerce opens consultation for the restrictions on Chinese electrical vehicles; and Chinese IP Court imposes punitive damages to stop seed IP infringement
Wendy Wysong, Ali Burney and Lin Yang of Steptoe & Johnson look at the increasing prevalence of electronic device searches at the U.S. border, and the implications for those traveling from China. Handling a border search appropriately, and safeguarding sensitive data, are vital considerations