The world's largest drone manufacturer fights allegations by the U.S. Defense Department, Commerce Department, and House of Representatives; Chinese government invests in Chinese startups after U.S. venture capital and private equity funds leave China; and Chinese insurance regulator approves insurance firms set up by BNP Paribas and Prudential.
Development of large-scale industrial and commercial distributed photovoltaic power generation is restricted to one's own use. China facilitates export of civil-military dual-use items for trade purposes in line with international standards. Guangdong is establishing a system for the registration of rights and interests in data
Calvin Klein parent PVH investigated by Chinese government after pulling out of Xinjiang; Chinese biotech firms targeted by U.S. BIOSECURE Act seek to sell U.S. subsidiaries; and China promises to protect private business while maintaining the existing economic order is still important.
Geopolitical tensions, tightening foreign investment restrictions, and a poorly performing Chinese economy are some of the challenges facing private equity investors trying to exit their investments. Whilst the preferred exit method depends on the transaction itself, there are ways to minimize the general risks of exit methods
A new 'negative list' governing outbound data transfer from the Beijing Free Trade Zone is set to dramatically streamline operations for companies in five key sectors. Wenpei Yu and Yunsi Hu of Lifeng Partners examine the list and how it will work in practice
Recently published new regulations represent a more pragmatic, efficient and comprehensive approach to network data security in China. Casper Sek of Jingtian & Gongcheng takes a closer look
China will implement new cybersecurity rules that include stricter consent requirements and also expand cross-border data exemptions; A Beijing court rules that consent is not required for presenting lawfully collected personal information in court; and China is increasingly exporting its technology, engineering, supply chain, and financing capacity.
