Technology Media and Telecom

PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime

New rules allow for priority registration of medical devices

Jerry (Jianwei) Fang and Runyang Liu of Zhong Lun Law Firm introduce China's Personal Information Protection Law and explain a number of vital compliance considerations for multinational corporations

The HKEX has published a consultation paper to introduce its SPAC listing regime; US-China bilateral tech investment plummets 96%; and MIIT calls on telecoms and auto companies to strengthen data protection policies.

SPC interpretation protects personal facial information

Fang Qi and Danlei Wu of Fangda Partners discuss what information qualifies for trade secrets protection including the scope of trade secrets, protective measures in place for trade secrets and confidentiality of trade secrets with reference to judicial decisions taking a lead role in the development of trade secrets law

Draft E-Commerce Law accords greater protection to IP rights holders

Casper Sek of Jin Mao Partners highlights the requirements of the Regulations on CII Protection from the perspective of compliance practices for companies operating in China and discusses what is a critical information infrastructure and critical information infrastructure operator, the regulators involved and compliance under the new regulations

SEC begins asking Chinese companies for more VIE-related disclosures; SPC publishes model cases involving labor disputes as "996" crackdown continues; and CAC publishes draft rules for algorithm recommendation services