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.
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.
