The year 2020 is an unusual year. The outbreak of COVID-19 pandemic and continued international trade tensions posed challenges to Chinese antitrust law enforcement authority, the State Administration for Market Regulation (SAMR). Particularly, the SAMR was tested on their ability to address the impacts coming
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SPC Resolves Service by Post Under the Hague Convention
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Highlights of the Chinese Leniency Guidelines Published by SAMR in June 2020
Authors: Zhan Hao, Song Ying, Yang Zhan
In June 2020, the Anti-Monopoly Bureau of the State Administration for Market Regulation (“SAMR”) published a new book, the 2019 Compilation of Antitrust Regulations and Guidelines, which contains four previously unpublished guidelines covering the automotive sector, intellectual property rights, leniency policy, and commitments by undertakings. The Guidelines…
New Chinese Civil Code restates and strengthens Chinese data privacy laws
Author: Samuel Yang, Nicholas Blackmore
China’s legislature, the National People’s Congress, recently enacted a Civil Code which will come into force on 1 January 2021. The Civil Code is a major landmark in Chinese legal history – it is the first comprehensive codification of the civil laws of the People’s Republic of China, which has …
Legal Updates :Technology, Data Protection, Cybersecurity (2020.07)
China issues draft Data Security Law to solicit public opinions
中国公布《数据安全法》草案
Recently, the National People’s Congress released the Data Security Law of the People’s Republic of China (Draft) for public opinions (“Draft”).
Highlights of the draft include:
In order to establish data security system, the State implements:
- data classification and grading protection system:
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Scandals place China’s D&O options under the spotlight
China’s Luckin Coffee (Luckin), seen as Starbucks’ main contender in the country, has seemingly run short on luck.
On May 12, the coffee chain fired its chief executive Jenny Zhiya Qian and chief operating officer Jian Liu. And on May 19, New York’s Nasdaq requested the company to delist from the exchange.
These are only…
Merger control review 2019
Authors: Michael Gu / Sihui Sun / Grace Wu [1]
Introduction
The year 2019 marked the 11th anniversary of the implementation of the Anti-monopoly Law and was also the first full calendar year since the State Administration for Market Regulation (SAMR) took over the role as China’s single centralised antitrust enforcement agency.
The SAMR…
What’s new in the revised draft of the Anti-monopoly Law?
Authors: Michael Gu / Charles Xiang[1]
Introduction
On 2 January 2020 the State Administration for Market Regulation (SAMR) released a revised draft of the Anti-monopoly Law of the People’s Republic of China (AML) for public comment. The proposed reform of the AML was listed on the formal legislative agenda in 2018 and the revised…
The conservatory insurance (LPPL): China’s innovation and its path
Authors: Zhan Hao、Wan Jia
Regarding the premium revenue, now China is the second biggest insurance market in this world, but regulators and insurance undertakings always feel cross due to the lack of insurance innovation, especially for the insurance product. More specifically, most of sold insurance products in China were transplanted from the foreign markets, and…
China Releases New Draft Export Control Law
Authors: Lan Li and Jiayue Zhang
China is looking to strengthen its export control mechanisms by introducing a new Export Control Law. The draft Export Control Law (“Draft Law”) was issued in 2017 for public comments. In recent months, the “State Council’s 2019 Legislative Work Plan” has clearly included the “Export Control Law” in its…