Chinese Courts and Rulings
Total 60 Posts
Chinese Court Fines Tesla Over 1.5 Million Yuan for Fraudulent Sale
Last week, the Beijing High People's Court issued a final ruling on a civil case brought against Tesla for a fraudulent sale. The Court sustained the rulings of the lower courts, which ordered Tesla to refund 379,700 yuan to the consumer, and pay 1.14 million yuan
China Launches Cybersecurity Review of Micron
Today, China's Cybersecurity Review Office (CRO) announced the launch of a cybersecurity review of U.S. semiconductor producer Micron Technology. Under the review, Micron products will be evaluated on whether they pose risks from supply chain disruptions because of political and diplomatic factors, data breaches, or risks to
China Resumes Some Fish Imports from Taiwan
China announced that it will resume some fish imports from Taiwan, a first step in the thawing of economic relations across the strait, with trade in additional products potentially restored in the near future. This came after Taiwanese fish and seafood exports to the mainland dropped 60% over the second
Debating China's Courts and Intellectual Property
A recent Wall Street Journal article on China's use of courts in the area of intellectual property protection prompted a critical response from a leading U.S. expert on Chinese intellectual property law.
China's Banking Regulator Fines Standard Chartered and Four Other Banks
China’s banking and insurance regulator has recently imposed nearly 400 million yuan fines on five banks, including the Chinese unit of UK lender Standard Chartered Bank, for various violations of laws and regulations.
Beijing Approves More Foreign Financial Companies
The Chinese government has sped up regulatory approval on foreign financial service business in recent months, after an official vowed last year to do more to "attract more outstanding international companies and talents to China's capital market."
China Fines CNKI US$12 Million for Antitrust Violations
After a seven month long investigation, China's anti-trust agency decided to fine CNKI 87.6 million yuan (approximately US$12.7 million) for violating the Anti-Monopoly Law and abusing market dominance.