China’s legislators have set another step on regulating data security, this time for the automotive industry, but publishing a draft for comments. China-lawyer Mark Schaub gives an overview of the plans for the China Law Insight. “Companies would be well advised to conduct a systematic review and assessment of the current state of their data handling,” he concludes.Read More →
Autonomous driving cars cause a range of issues, for example on collecting data to make them possible. Lawyer Mark Schaub looks at the legal issues when foreign companies have to send data to their headquarters outside China, for the China Law Insight.Read More →
For years the business community feared China’s central government would kill the so-called VIE’s (variable-interest entity). The tool to circumvent the country’s strict ownership regulations was never endorsed by the government but has also never been in serious trouble, tells China veteran and lawyer Mark Schaub to Bloomberg. The ban even did not show up in the draft foreign investment law, last week.Read More →
The trade war between China and the US is heating up, raising fears for a political backlash against US firms in China. Business analyst Ben Cavender feels it will vary very much according to the position of companies in China, he tells Reuters.Read More →
China’s National Development and Reform Commission (NDRC) has published last week an ambitious draft road map for the development of self-driving cars in the coming decades. Lawyer Mark Schaub summarizes the latest details of the fast-moving central planning office on the China Law Insight.Read More →
Getting rid of legal barriers is key for using innovation in real life, and Beijing approved the first regulations in China on self-driving cars, writes lawyer Mark Schaub at the China Law Insight. He elaborates on the details. “We expect more regions to follow Beijing’s lead and compete for innovation in this key sector,” he adds.Read More →
The seizure of a US drone by China set off alarm bells worldwide this weekend. But when it comes to a standoff between China and the US under president-elect Donald Trump, economic measures will have preference over military ones, writes business analyst Shaun Rein in International Business Times.Read More →
US senator Charles Schumer via Wikipedia Is China closing its doors, as companies like GE, BASF and Siemens say, or is it more open than ever, as the country’s officials say? It’s a matter of perception, writes Shaun Rein in CNBC, especially now America’s economy is in trouble and politiciansRead More →