Chinese cybersecurity regulator details on the lenient certification method for cross-border data transfer; U.S. issues final rule to prevent “adversarial nations” accessing U.S. citizens’ sensitive personal data; and U.S. to ban venture capital funds from backing certain PLA-affiliated companies
Business operators are prohibited from misusing their data and technology to impede the normal operation of the network product or service offered by another business operator. New VAT Law solves the issue of a transaction with two tax rates. Supreme People’s Court clarifies the non-retroactive application of the revised Company Law.
China’s amendments to competition law aimed at tackling unfair behavior online; Cross-border funding pilot program for multinationals extended to 10 provinces and cities; and Chinese court follows Munich courts in granting Huawei an anti-anti-suit injunction against Netgear
Foreign marketing authorization holders are required to designate a domestic responsible person in China ; Clp Reference: 2600/24.11.13 ; Issued: 2024-11-13 ; Effective: 2025-07-01
Dongping Liu and Xin Luo of Zhong Lun Law Firm analyze a significant set of new guidelines which are vital for foreign enterprises with a patent portfolio in China
U.S. attempts to exclude Chinese access to AI chips by designating ‘gatekeeper’ companies; Shein’s UK IPO application scrutinized over forced labor concerns; and China’s AI Standards Committee to include executives from tech giants
AI cannot serve as a patent inventor. China allows wholly foreign-owned hospitals in nine major places. Marketing authorization holders are required to engage a medical representative for pharmaceutical academic promotion activities.
NFRA specifies the non-performing assets that a financial asset management company may acquire.CLP Reference: 3600/24.11.11, Issued: 2024-11-11, Effective: 2024-11-11