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.

View webinars related to US-China business issues here.

Listen to podcasts here.

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China Releases Judicial Interpretation of Anti-Unfair Competition Law
April 28, 2022

On March 16, 2022, China’s Supreme People’s Court (“SPC”) issued the Judicial Interpretation of Anti-Unfair Competition Law (“2022 Interpretation”) (《最高人民法院关于适用<中华人民共和国反不正当竞争法>若干问题的解释》), effective March 20, 2022. China’s Anti-Unfair Competition Law (“UCL”) (《中华人民共和国反不正当竞争法》) was first adopted in 1993 and most recently amended on April 23, 2019. For foreign businesses in China, the UCL has long bee [...]