Nate Bush, Ray Xu and Della Ding of DLA Piper highlight key changes to merger control under the Amended Anti-Monopoly Law and draft regulations including increased revenue thresholds, investigation of "below threshold" transactions and clarification of what is meant by gun-jumping
SAMR proposes to raise the thresholds for concentration filings and defines the relevant product market for antitrust involving IP. The use of artificial intelligence to generate prescriptions is strictly prohibited.
Guo Yongmao and Zhang Tianyang of Haiwen & Partners highlight 2022 tax policies that support businesses, which have been impacted by the COVID-19 pandemic situation
SAMR issues 28 administrative penalties for failing to disclose M&A deals; CAC clarifies details about data export security assessment; banks and insurance companies to support advanced manufacturing
While China's first-ever NFT court ruling added stricter burdens to marketplaces and led to some NFT bans, many think it is setting the stage for the growth of the digital asset market in the country.