—— Judicial Practice and Evaluation of the Impact of the “Implementing Measures for the Administration of Company Registration” on Removal Registration Disputes
In order to implement the new requirements for company registration stipulated in the newly revised “Company Law” and the “Provisions of the State Council on Implementing the Registered Capital Registration System of the…
— A Brief Analysis on the AI Safety Governance Framework
1. Background and Structure of AI Framework
On September 9, 2024, the National Technical Committee 260 on Cybersecurity of Standardization Administration of China (“TC260”) has promulgated the AI[1] Safety Governance Framework (V1.0) (the “AI Framework), which aims to implement the Global AI Governance Initiative…
The Impact of Recent US Financial Institution Sanctions on Chinese Financial Institutions and Suggestions for Response
The impact of US Presidential Executive Order No 14114 on Chinese financial institutions
On 22 December 2023, the President of the United States signed Executive Order No 14114 to amend Executive Order No 14024 and Executive Order No 14068.…
1. Trends and Overview
1.1 Sanctions Market
In the past 12 months, the sanctions sector has undergone significant changes and growth, with a notable increase in US sanctions imposed on Chinese companies. This surge reflects the escalating geopolitical tensions between the US and China. The US has broadened its scope of sanctions to include more…
On July 30, 2024, China’s merger control authority, the State Administration for Market Regulation (“SAMR”), released its official statistics on the merger review cases in China in the first half of 2024. This note outlines the key statistics published by SAMR and extracts a few implications thereon for companies that keep an eye on China’s…
1. Introduction
For most plaintiffs and claimants, initiating dispute resolution process or achieving favorable judgment or arbitral award is not always the ultimate goal. The fundamental value of the dispute resolution process lies in obtaining the recoveries through such mechanisms. However, in international arbitration, which can often span several years, respondents may transfer their assets…
“Fork in the Road” (“FITR”) clauses, included in significant investment treaties, “provide that the investor must choose between the litigation of its claims in the host State’s domestic courts or through international arbitration and that the choice, once made, is final”.[1] Hence, the fork in the road clauses result in that the investor…
The new PRC Company Law, which comes into effect on July 1, 2024, has drawn significant attention, particularly regarding the adoption of a series of new rules for registered capital contribution made by shareholders. However, detailed answers for some practical questions are not addressed in the new PRC Company Law. In order to effectively implement…
On July 1, 2024, the highly anticipated amended PRC Company Law (the “New Company Law”) has officially taken effect. The New Company Law ushers in some significant transformations in the way firms are established and run in China, a change that extends to foreign firms investing in the country. In this article, we will delve…
— A Brief Analysis on the List of Typical Application Scenarios of Artificial Intelligence for Drug Governance
1. Introduction and Background
On June 18, 2024, the National Medical Products Administration of People’s Republic of China issued the List of Typical Application Scenarios of Artificial Intelligence for Drug Governance (the “List”), presenting fifteen application scenarios that…
