Huan Zhu
To Boost Economy, Local Governments in China Announce Various Subsidy Programs
In an effort to respond to the central government's call to expand domestic demand, local governments have kicked off various subsidy programs to boost sales of home appliances and electronic gadgets, as well as other consumption.
Draft Standard on Internet Privacy Agreement Available for Public Comments
China's Committee on technical standards recently issued a draft standard on privacy agreements and is now soliciting public comments until July 25.
Beijing High Court Clarifies Rules on Punitive Compensation in IP Infringement
Network service providers (NSP) will jointly bear the punitive compensation liability in some intellectual property infringing cases, Beijing High People's Court said recently. It also set forth more specific rules on the calculation of punitive damages.
China Issues 2021 Antitrust Enforcement Report
China's market regulator recently issued the 2021 Report on Antitrust Enforcement in China, highlighting that the monopolistic practice of "choose one between two" has basically terminated, and the market competition order has improved significantly.
Trade with China Benefits the U.S., But Selective Decoupling Is Possible, Says Chubb CEO
During a joint event hosted by the Peterson Institute for International Economics and the Center for Strategic and International Studies, Evan Greenberg, Chairman and CEO of Chubb Insurance, explained why he thinks unilateral decoupling with China is not the right approach. While "there will be cases of selective decoupling,
China's Trade Faces Pressure, But There Are Some Highlights, MOFCOM Officials Say
China's Commerce officials recently touted China's development in trade and foreign investment in the first four months of 2022, including that private companies' share in international trade increased to 58.5%, and there was a 26% rise of foreign investment, despite the economic slowdown caused
WTO's 12th Ministerial Conference Starts with Opening Statements from China, Other Major Trading Powers
On June 12, the WTO's 12th Ministerial Conference kicked off. Officials from China, the United States, the European Union, and other WTO Member all made remarks. While they all expressed support for the multinational trading system, they each emphasized different areas in which they believed the WTO should