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Beijing Expands Anti-Long-Arm Jurisdiction Toolkit
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Beijing Expands Anti-Long-Arm Jurisdiction Toolkit

Just six days after issuing the Regulations on Industrial and Supply Chain Security (Doc. 834), China’s State Council released the Regulations on Countering Foreign States’ Improper Extraterritorial Jurisdiction (Doc. 835), another expansion of Beijing’s retaliatory toolkit. Unlike Doc. 834, which governs sectoral and commercial supply chain security and is triggered by a demonstrable harm or threat, Doc. 835 targets foreign legal pressure itself regardless of commercial impact and can therefore be invoked under a lower evidentiary threshold.

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Minimizing Headaches During China Investigations

Minimizing Headaches During China Investigations

Any company with more than a small presence in China will likely need to conduct an internal investigation in China at some point. Companies can take certain steps to minimize headaches when such an investigation is needed.

China Business Review (Archive Only) USCBC
Hong Kong Announces Changes to Beneficial Ownership Regime

Hong Kong Announces Changes to Beneficial Ownership Regime

Hong Kong’s Financial Services and Treasury Bureau (FSTB) recently issued a consultation document on amending the Companies Ordinance law. If the amendment proposal is approved, companies incorporated in Hong Kong will need to identify their beneficial owners and register with the Hong Kong Companies Registrars.

China Business Review (Archive Only) USCBC
USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon

USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon

On July 18th, the US-China Business Council, the U.S. Chamber of Commerce, and the China General Chamber of Commerce – USA hosted a reception and luncheon in honor of His Excellency Wang Yang, vice premier of the People’s Republic of China. U.S. Chamber of Commerce President and CEO Thomas J. Donohue, China General Chamber of Commerce – USA Chairman Xu Chen gave the welcome remarks. U.S. Treasury Secretary Steven Mnuchin and U.S. Commerce Secretary Wilbur Ross also addressed the luncheon.

China Business Review (Archive Only) USCBC