Global logistics groups relocate Chinese staff overseas to support Chinese supply chains overseas; Chinese miners required to report more critical minerals in overseas reserves to Chinese government; and Banks asked to flag risky trade which includes the trading of cryptocurrencies
In 2024, the U.S. continued placing wide-ranging restrictions on Chinese interests. What made that year different was the impact those restrictions have on third countries. Charles Wu of Clyde & Co reviews the legislative changes, and offers practical insights into their potential impact with a focus on third countries, and the path forward in 2025
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
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
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
Personal information handlers of the Greater Bay Area are required to make publicly available its rules for processing personal information. 5600/24.11.21, ISSUED: 2024-11-21
While companies from third countries do not necessarily need to divest from China to invest in the U.S., they should be prepared for CFIUS scrutiny of their China operations
State Intellectual Property Office issues guidelines on AI as patent inventors; German and British companies are less optimistic about their China prospects, with a caveat; and U.S. adds a range of companies involved in Chinese chipmaking to Entity List
