Huan Zhu
Murky Future for Chinese IPOs in the United States
As the U.S. Securities and Exchange Commission (SEC) presses
[https://www.reuters.com/business/finance/exclusive-sec-gives-chinese-companies-new-requirements-us-ipo-disclosures-2021-08-23/]
Chinese companies to comply with U.S. requirements when they seek to list on a
U.S. stock market, it remains
MIIT Calls Out 267 Apps That Violated User Rights
In August, China's Ministry of Industry and Information Technology (MIIT) listed
267 apps in three batches, including WeChat and several major online streaming
apps, that were found to have violated user rights, and have not resolved these
problems within the period of time they were given to do
China Issues Its First Personal Information Protection Law
On August 20, China’s Standing Committee of National People’s Congress passed the nation’s first Personal Information Protection Law (个人信息保护法) (PIPL) (informal English version here). It is modeled after the Europe Union's General Data Protection Regulation, and has been called by some western media “one of
MOFCOM Says China Will Open More to Investment and Trade
During an August 23 press conference
[http://www.scio.gov.cn/xwfbh/xwbfbh/wqfbh/44687/46624/wz46626/Document/1710966/1710966.htm]
(link in Chinese) held by the State Council Information Office, officials from
China’s Ministry of Commerce expressed interest in pursuing free trade
agreements, as they referred to foreign
Shenzhen Issues First Comprehensive Data Rules
On June 29, the Standing Committee of Shenzhen Municipal People’s Congress
passed the Data Regulations of Shenzhen Special Economic Zone (hereafter
referred to as “the Data Regulations”) (深圳经济特区数据条例
[http://www.sznews.com/content/mb/2021-07/07/content_24370464.htm?cxid=iyt&token=1625616000115]
, link in Chinese). The
Biden’s New Executive Order Could Mean More U.S.-China Competition in Electric Vehicles
On August 5, President Biden issued an “Executive Order on Strengthening
American Leadership in Clean Cars and Trucks
[https://www.whitehouse.gov/briefing-room/presidential-actions/2021/08/05/executive-order-on-strengthening-american-leadership-in-clean-cars-and-trucks/]
,” making a push for electric vehicles (EVs) in the United
New SEC Rules Further Curb Chinese Companies’ IPOs
After the recent saga involving Chinese company Didi, which was subject to
investigations
[https://www.chinatrademonitor.com/china-tightens-data-security-scrutiny-on-technology-companies/]
by Chinese regulatory authorities only a couple of days after going public in
the United States, the U.S. Securities and Exchange Commission (SEC) is