Huan Zhu
II-VI's Acquisition of Coherent Completed with China's Conditional Antitrust Approval
China's market regulator recently conditionally approved American company II-VI's acquisition of Coherent. The agency's conclusion and conditions are summarized below.
Rules on Security Review of Chinese Data Outflows Take Effect September 1
On July 7, China's Cybersecurity watchdog issued the finalized version of a long awaited regulation that could have a huge impact on cross border data transfers. The new regulation will be effective on September 1.
CAC Drafts Standard Contracts for Personal Data Outflows
Recently the Cyberspace Administration of China (CAC) issued a draft regulation on standard contracts related to personal information exports. CAC is now soliciting comments on the draft until July 29.
China Allows Imports of Citrus Fruit from Zimbabwe
As of July 1, China started allowing imports of citrus fruit from Zimbabwe, the first kind of fresh fruit authorized for import from Zimbabwe.
Chinese IP Agency Kicks Off Work to Create IP "Highlands"
China's National Intellectual Property Administration (NIPA) recently announced a plan to establish demonstration zones for intellectual property rights (IPR) protection by 2025.
NCAFP Report Highlights "Pessimistic" Views toward U.S.-China Relations among Experts; Says Bilateral Relationship Needs a Rebalance
A report issued by the National Committee on American Foreign Policy (NCAFP) highlighted divergent views and shared concerns between U.S. and Chinese professionals over current U.S.-China relations, and underscored that "immediate discussion" is warranted to explore "how to rebalance the bilateral economic relationship."
China Extends Tariff Exclusions on Some U.S. Goods for Seven Months
China's tariff agency recently extended its tariff exclusions on certain U.S. goods, as the term of the exclusions had been set to expire on June 30.