China Releases Rules to Address Extra-Territorial Applications of Foreign Laws | Jones Day
In Short The Development: Chinas Ministry of Commerce ("MOFCOM") released Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Laws and Other Measures ("Rules") on January 9, 2021. Effective immediately, the 16-article Rules are aimed at safeguarding Chinas national sovereignty, security, and development interests, and protecting the legitimate rights and interests of Chinese citizens, legal persons, and other organizations ("Chinese Persons"). The Significance: Follow...
National Development Reform Commission Applicable Situations Chinese Persons Foreign Laws Foreign Legislation
Source: jdsupra.com