In the draft for the extension of the criminal law, a new paragraph against industrial espionage in particular attracts attention: “Anyone who steals, spies on, buys or illegally makes available trade secrets for the benefit of foreign corporations, organizations or persons shall be punished with a prison sentence of up to 5 years or a… Continue reading Breach of Business Secrets for the Benefit of Foreign Parties
Tag: China market
Misleading Logos and Certificates
When foreign investors invest in or work with Chinese state-owned enterprises (SOEs) and state holding companies, they usually assume that assets owned by the central government have a good reputation and are sufficiently solvent. If there are problems, investors expect the government to intervene to help. However, in the complex market for capital transactions, it… Continue reading Misleading Logos and Certificates
Impacts of China’s Foreign Investment Law
In January 2020 the Foreign Investment Law of the People’s Republic of China will come into force. The three laws, Chinese-Foreign Equity Joint Ventures Law, Wholly Foreign-Owned Enterprise Law and the Chinese-Foreign Contractual Joint Ventures Law, that have regulated foreign investments in China up to now, will then be abolished. The sudden adoption of a… Continue reading Impacts of China’s Foreign Investment Law
