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
U.S. Biden Administration issues EO restricting sale of information to China and other countries; Nippon Steel's merger with U.S. Steel to be scrutinized over China operations; and China begins second reading of State Secrets Law amendments
Shanghai FTZ allows financial institutions to transmit to foreign parties data that is required for day-to-day operations and Lingang Special Area of the FTZ allows free flow of general data upon record filing. Tianjin categorizes enterprise data according to the industry nature.
Clean energy and data tech updated to U.S. critical and emerging tech list; U.S. House select committee reports that five venture capital funds have invested in the rise of China's key technology companies; and China's stock exchanges release first-ever guidelines on ESG disclosure
As the first anniversary of the National Financial Regulatory Administration approaches, Evelyn Song of Tian Yuan Law Firm examines its short but influential history and the ongoing importance of its support for the property sector