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China's Spring 2021 Compliance & Anti-Monopoly Updates - Vimarsana News

China's Spring 2021 Compliance & Anti-Monopoly Updates

中国颁布阻断立法应对外国法律不当域外实施 As the first departmental legislation of the Ministry of Commerce (MOC) in 2021, Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures (Blocking Rules) were published with immediate effect beginning Jan. 9, 2021. Given the trade, technology, and even diplomacy tensions between the United States and China, a series of legislations were promulgated starting in the second half of 2020. Apart from the Blocking Rules, the MOC also issued the Provisions on the List of Unreliable Entities...

Avalanche of Recent Export Requirements for China, Russia and Other Countries | Williams Mullen - Vimarsana News

Avalanche of Recent Export Requirements for China, Russia and Other Countries | Williams Mullen

To embed, copy and paste the code into your website or blog: There’s been a non-stop bombardment of recent export amendments involving China and other “countries of concern” within the last six months. The main driver behind these has been the U.S. Government’s concern about the Chinese national strategy of “military-civil fusion” – using civilian companies to help support Chinese military and intelligence activities. It is believed that U.S. companies that have historically sold products to China’s commercial sector may be drawn unwittingly into supporting the Chinese militar...

Opinion: The Problem With China's New Rules on Foreign Sanctions - Vimarsana News

Opinion: The Problem With China's New Rules on Foreign Sanctions

Opinion: The Problem With China’s New Rules on Foreign Sanctions Henry Chen is a senior partner at Dentons Shanghai Office. Previously, he was AP compliance director of Ford Motor Co. Michael E. Zolandz is the chair of Dentons’ federal regulatory and compliance practice, and serves as the managing partner for Dentons’ Washington, DC office. An overview Drawing inspiration from the European Union’s legal practice, China has created a similar legal regime for counteracting the impact of foreign sanctions on Chinese persons. On Jan. 9, the Ministry of Commerce (MOFCOM) issued “Rules ...

MOFCOM Issued The Rules On Counteracting Unjustified Extra-Territorial Application Of Foreign Legislation And Other Measures - Government, Public Sector - Vimarsana News

MOFCOM Issued The Rules On Counteracting Unjustified Extra-Territorial Application Of Foreign Legislation And Other Measures - Government, Public Sector

On January 9, 2021, the Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Legislation and Other Measures (" Rules"), are hereby promulgated by Ministry of Commerce of the People's Republic of China (" MOFCOM") and shall be effective as of the date of the promulgation. These Rules apply to situations where the extra-territorial application of foreign legislation and other measures, in violation of international law and the basic principles of international relations, unjustifiably prohibits or restricts the citizens, legal persons or other organizations of China from...

Source: mondaq.com
New Chinese Regulation Blocks Extraterritorial Application of Foreign Law | Locke Lord LLP - Vimarsana News

New Chinese Regulation Blocks Extraterritorial Application of Foreign Law | Locke Lord LLP

On January 9, 2021, China’s Ministry of Commerce (MOFCOM) issued its No. 1 Order of 2021 titled “The Rules on Blocking Unjustified Extraterritorial Application of Foreign Legislation...