China’s new draft ecommerce law, the first comprehensive policy governing the $630 billion online retail market, presents companies with new regulatory requirements related to consumer data, intellectual property, and licensure.
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China’s new draft ecommerce law, the first comprehensive policy governing the $630 billion online retail market, presents companies with new regulatory requirements related to consumer data, intellectual property, and licensure.
...
On January 13, China’s Ministry of Industry and Information Technology (MIIT) released a circular notice completely removing the foreign equity cap for investment in e-commerce companies in the Shanghai Free Trade Zone (Shanghai FTZ). The notice allows foreign-invested enterprises to control 100 percent stakes in such companies.
Since early 2014, Chinese authorities have consistently taken steps to loosen foreign investment restrictions in e-commerce, which is classified as a value-...
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