A Guide to Choosing Governing Law and Dispute Resolution for China Commercial Contracts
Taking legal actions with respect to a contract dispute in an international transaction, where the counterparty resides in a different jurisdiction, can be challenging due to differences in law, judicial procedure, and enforcement of judgments....
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New U.S. State Privacy Laws in the Pipeline for 2024
In an era defined by rapid digital evolution, U.S. states are ramping up their efforts to protect citizens’ personal information. In 2023, data privacy laws in Virginia, Colorado, Connecticut, and Utah took effect, and many...
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Will China’s New App Registration Rule Shutout Foreign Apps?
On July 21, 2023, the Ministry of Industry and Information Technology (工业和信息化部) (MIIT) launched the Notice on Conducting Registration for Mobile Internet Applications (关于开展移动互联网应用程序备案工作的通知), pursuant to which the providers of applications that engage in internet...
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Deep Dive into Draft Rules that Crashed China Game Stocks
On December 22, 2023, China’s National Press and Publication Administration (国家新闻出版总署) (the “NPPA”) released for public comment a draft of the Online Game Administrative Measures (网络游戏管理办法) (the “Draft Measures”), which included spending limits and prohibitions...
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US-China Crisis Scenario: Are Russia Sanctions a Model for China?
Sanctions against Russia following its invasion of Ukraine raise the question of whether similar measures might be implemented against China in the event of a crisis scenario between the US and China. However, the significant...
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Y Combinator’s Post-Money SAFE: Risks for Founders
Y Combinator, one of the most famed Silicon Valley startup accelerators, introduced the “Simple Agreement for Future Equity” (commonly referred to as the “SAFE”) in late 2013. Recognized within the early investment community for its...
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US Restrictions on Outbound Foreign Investment
On August 9, 2023, President Joe Biden issued a highly anticipated Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern (the “Executive Order”). The Executive Order...
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FTC Calls on Game Industry to Level Up COPPA Compliance
On June 5, 2023, technology giant Microsoft Corporation (“Microsoft”) settled with the Federal Trade Commission (the “FTC”) for a staggering US$20 million over violations of the Children’s Online Privacy Protection Act (“COPPA”). The settlement stems...
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China’s Approach to Regulating Artificial Intelligence
On July 10, 2023, the Cyberspace Administration of China, also known as the State Internet Information Office (国家互联网信息办公室), released the Interim Administrative Measures of Generative Artificial Intelligence Services (生成式人工智能服务管理暂行办法) (the “Generative AI Measures”). The Generative...
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