The Hong Kong/mainland China interim measures arrangement has been in force for over three years, and parties are beginning to realize its significance. Jue Li and Joel Evans of DaHui Lawyers examine the practical procedural requirements of the arrangement and its context within the PRC legal mechanism
The U.S. government is debating whether to renew the U.S.-China Science and Technology Agreement; AstraZeneca plans to break up its business in China and list it separately in Hong Kong; the Italian government applies Golden Power regulations to limit the influence of China's Sinochem on tyremaker Pirelli
CSRC issues draft rules in a bid to regulate fund investment advisors. Data shall not be collected other than when facial recognition is active. Shanghai requires the establishment of a chief data officer system.
Sanctions are an increasing area of business risk for those doing business with Chinese enterprises. Jianwei (Jerry) Fang and Chuchen (Julie) Hou of Zhong Lun Law Firm analyze so-called sanction-proof clauses and how they could assist businesses in China seeking to negotiate their ongoing business relationships.
China's data security laws lead to increasing costs for firms; CFIUS clarifies rules regarding the "completion date" for filing and requests for information from foreign investors; fewer firms are choosing Hong Kong for international arbitration due to the National Security Law
The National Information Security Standardization Technical Committee issues guidelines on assessing network data risks. CAC issues a law draft regulating cybersecurity when using Bluetooth and Wi-Fi. Foreign institutions may not collect PRC human genetic resources.