Given the size and complexity of the Chinese ecommerce market, foreign companies often struggle to root out operations selling unlicensed or counterfeit versions of their products.
China Market Intelligence
Recent reforms to the operations of the Committee on Foreign Investment in the United States (CFIUS) removed some of the controversial elements of earlier proposed versions, but strengthened and expanded the scope of CFIUS authority to review foreign transactions and tightens the export controls process.
With the United States’ Section 301 investigation into Chinese technology transfer and recent ban cutting Chinese telecommunications company ZTE off from US technology for seven years, it is clear that technology issues are at the center of the escalating US-China trade tensions.
China’s new Cybersecurity Law goes into effect today, June 1, but with many implementation details undecided and companies uncertain about how to comply. In the meantime, Chinese regulators are responding in part to company concerns, even if the overall policy approach remains problematic.