Technology Media and Telecom

China regulates generative AI to mitigate risks of the technology; Anti-corruption campaign targets executives in the financial sector; and New IPOs perform well

ChatGPT has dramatically changed the world of AI and has profound implications for technology and human development. But can the legal system keep up and ensure appropriate protection of the intellectual property rights involved? Fang Qi and Danlei Wu of Fangda Partners explore this question

China has launched its first cybersecurity review of a foreign semiconductor firm; New Zealand refuses to award a summary judgment on enforcing a Chinese ruling; and Chinese government officials are trying to boost foreign investment amid a loss in investment interest from American firms.

Companies need to designate a staff member and office to protect personal information for cross-border transfer

Approval is required when providing confidential surveying and mapping achievements to foreign parties.

Sandeep Jadav and Shengyu Jin of FTI Consulting's Technology segment look at the impact of the ever-increasing use of data and the advent of new technologies on legal and investigations teams in the region

The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."

Data transfer restrictions may be eased for foreign R&D centers

The U.S. approved nearly 70% of license applications for exporting goods and technology to blacklisted Chinese firms in 2022; Shenzhen and London Stock Exchanges sign agreement to implement a Shenzhen-London Connect; and online-generated credit reports replace "no illegal record" certificates in Shanghai