Mon, 27 Dec 2021 China Law in One Minute Meng Yu 余萌
No. In fact, it won't be any harder than if you were to sue any other company.
Mon, 27 Dec 2021 China Legal Trends CJO Staff Contributors Team
In June 2021, a Canada Goose-related company was fined 450,000 yuan for false advertising by Chinese authorities.
Mon, 27 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, China’s Ministry of Ecology and Environment released the “Guidelines for Ecological and Environmental Protection in Foreign Investment and Cooperation Projects (Draft for Public Comment)” (对外投资合作建设项目生态环境保护指南(征求意见稿)), calling for compliance with the laws and regulations of the host country (region) and reasonable measures to reduce the possible adverse impact.
Mon, 27 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the Guangzhou Intermediate Court rendered the judgment on the Kangmei Pharmaceutical Co., Ltd. class action case, which marks China’s first securities class action lawsuit, involving more than 50 thousands investors.
Sun, 26 Dec 2021 Insights Meng Yu 余萌
On December 26, 2021, ICDPASO released ICDPASO Commercial Mediation Rules (Draft). ICDPASO (International Commercial Dispute Prevention and Settlement Organization) is a non-governmental international organization established by China in 2020.
Sun, 26 Dec 2021 Insights Guodong Du 杜国栋 , Meng Yu 余萌
With a major overhaul of China’s trial system, the ongoing reform will grant higher courts greater discretion to decide to hear the first-instance cases from its lower courts, so as to ensure that judges are impartial and independent of local authorities.
Sat, 25 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the Cyberspace Administration of China released the proposed “Network Data Security Management Regulations (Draft for Public Comment)” (网络数据安全管理条例(征求意见稿)), regulating, among others, the cross-border data transfer activities.
Fri, 24 Dec 2021 China Legal Trends CJO Staff Contributors Team
On 15 Nov. 2021, China’s third Stock Exchange, the Beijing Stock Exchange, officially opened for business. During the preparation of its launch, 45 business rules have been issued.
Thu, 23 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the People’s Bank of China issued the proposed “Notice Regarding Matters Concerning the Support for the Development of New Offshore International Trader (Draft for Public Comment)” (关于支持新型离岸国际贸易发展有关问题的通知(征求意见稿)), which shows the positive attitude towards the new offshore international trade.
Wed, 22 Dec 2021 China Legal Trends CJO Staff Contributors Team
In November 2021, the State Administration for Market Regulation issued the “Guidelines for Enterprises on Overseas Anti-Monopoly Compliance” (企业境外反垄断合规指引), providing guidelines for Chinese enterprises to cooperate with anti-monopoly investigation overseas, respond to overseas anti-monopoly lawsuits, and reduce overseas anti-monopoly compliance risks.