China Updates
China Updates
As the tensions between US and China continue to escalate, the two countries are both taking an increasingly protectionist stance against each other. Over the past few years, both US and China have adopted a series of rules and regulations that affect cross-border investments and cross-border commerce.
The US has significantly tightened its export controls regulations, often specifically targeting China and Chinese companies such as Huawei. Chinese investments in the US is facing the highest regulatory scrutiny in a long time, especially in the areas of sensitive personal data, critical infrastructure and critical technology. Meanwhile, China has adopted a series of actions, including the adoption of the Foreign Investment Law, aiming to encourage foreign investment. However, regulatory burdens on foreign investors are still high.
Haynes and Boone developed this resource center to keep track of key legal/regulatory developments in both the US and China that could affect US-China cross-border investments and cross-border commerce. We aim to help companies and investors better understand the practical aspects of these developments and stay nimble to achieve their cross-board investment/commerce goals.
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Chief Representative and Shanghai Office Managing Partner Liza Mark was quoted in a Law360 article by Tom Zanki discussing the online fashion giant Shein's predicted pivot to London for its initial public offering, rather than the United States. Read an excerpt of the article here: "Less controversial, smaller companies that are under the radar will continue to list in the U.S., because that's w [...]
China Streamlines Requirements Regarding Data Export in the Greater Bay Area
February 29, 2024
