China

Officially known as the People’s Republic of China (PRC) is a unitary sovereign in East Asia and is the most populous country in the world. It is also one of the largest countries and has the most neighboring countries worldwide. The Communist Party in China exercises its jurisdiction over 22 provinces, five autonomous regions, and maintains control over four direct controlled municipalities. It also has control over the special administrative regions of Macau and Hong Kong.

Since the economic reforms of 1978, China has been one of the fastest growing and most profitable economies in the world. Its stronghold on the electronic-market, foreign imports and exports, and trade-power internationally, make it the world’s second largest economy by GDP (as of 2016). It also has the largest purchasing power parity (PPP) in the world. China also has the largest standing army in the world, and is highly recognized as a nuclear weapons state; the nation also has the second largest defense fund in the world.

The government of the People’s Republic of China is spread across several state organizations:

  • The National People’s Congress and it’s Standing Committee
  • The President and the Vice-President
  • The State Council, or Central People’s Government
  • The military, including the People’s Liberation Army and the People’s Armed Police, and the Central Military Commission with a Chairman who is Commander-in-chief
  • The National Supervisory Commission
  • The Judicial Branch, consisting of the Supreme People’s Court and the Supreme People’s Procuratorate

Legal power is given to the Communist Party by the PRC Constitution, and it has comprehensive control of the state, military and media.

China a member of World Trade Organization, APEC, Shanghai Cooperation Organization (SCO), BCIM, BRICS, and G20. China has suffered from severe environmental deterioration and pollution in recent years. Urban air pollution is just one of the major health issues in the country. The country is also the world’s largest carbon dioxide emitter, and severe water pollution is also a major concern in China.

On the flip side, China is the world’s leading renewable energy producer. It invests heavily in renewable energy projects, such as hydroelectric and wind-power. The country is the largest hydroelectric producer in the world, and has the largest capacity of installed solar panel systems worldwide.

China has diplomatic relations with 175 countries around the world, with embassies in 162 of these countries. China has played an increasing role in calling free trade areas and security pacts in Asia in recent years. In 2000, the US approved permanent normal trade relations (PNTR) with China, which allowed exports into the US, at the low rate which other countries paid.

The National Law Review covers news and the latest legislative developments in China. M&A transaction deals, limits on import/export with the US  including US and China Trade over solar panels. Foreign relations stories, new regulations dealing with manufacturing, and stories covering the health industry are also covered by the National Law Review. Visitors will find the latest news on foreign relations and the Chinese government online.

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Feb
4
2020
Will the Coronavirus Make Your Business Sick? Much Shelist, P.C.
Jun
28
2010
International Luxury Brands May Face Product Quality Enforcement In China Sheppard, Mullin, Richter & Hampton LLP
Mar
19
2011
China Beefs Up Its Anti-Bribery Law With Its Very Own Version Of The FCPA Sheppard, Mullin, Richter & Hampton LLP
Nov
27
2013
China to Relax the Corporate Registered Capital System and Reform the Annual Inspection Process Sheppard, Mullin, Richter & Hampton LLP
May
15
2014
China Securities Regulatory Commission (CSRC) Issued New Drafts of Administrative Measures on Acquisition of Unlisted Public Companies for Public Comment Sheppard, Mullin, Richter & Hampton LLP
Nov
7
2014
China Bank Card Clearing Market — A Feast for Foreign Investors? Sheppard, Mullin, Richter & Hampton LLP
Sep
18
2015
Keep Your Frenemies Close: Proposed China Sanctions and the Price of Escalation Sheppard, Mullin, Richter & Hampton LLP
Jul
24
2019
Privacy Developments in China, Singapore and Hong Kong Sheppard, Mullin, Richter & Hampton LLP
Aug
20
2019
China Trade War Scorecard: Keeping Track of Tariffs Sheppard, Mullin, Richter & Hampton LLP
Oct
20
2021
Asia Q4 Checkin: Living with Covid, Supply Chain and China’s Crackdown on Its Free Market Experiments with Paul Kim [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Dec
7
2022
China Semiconductor Regulations -Episode II The Curious Case of the American in a Chinese Chip Company Sheppard, Mullin, Richter & Hampton LLP
Oct
29
2011
Prison Time and Export Controls: University Professor's Case Illustrates Dangers of Ignoring Export Compliance Sheppard, Mullin, Richter & Hampton LLP
Mar
8
2013
Pilot Development of Cross-border Renminbi (RMB) Loans in China's Qianhai District Sheppard, Mullin, Richter & Hampton LLP
Oct
11
2013
Shanghai Pilot Free Trade Zone (PFTZ) Sheppard, Mullin, Richter & Hampton LLP
May
15
2014
China to Relax Governmental Approvals for Outbound Investment Sheppard, Mullin, Richter & Hampton LLP
Jun
28
2015
Guiding Opinions to Promote Healthy and Rapid Development of Cross-Border E-Commerce in China Sheppard, Mullin, Richter & Hampton LLP
Jan
17
2020
UPDATED: China Trade War Scorecard: Keeping Track of Tariffs Sheppard, Mullin, Richter & Hampton LLP
Jan
31
2020
DoD’s Squeeze of Chinese Telecom Equipment Continues Sheppard, Mullin, Richter & Hampton LLP
Sep
22
2020
Certainties and Uncertainties Under China’s New Unreliable Entity List Sheppard, Mullin, Richter & Hampton LLP
Jun
10
2021
President Biden Issues a New…ish Ban on Certain Chinese Investments Sheppard, Mullin, Richter & Hampton LLP
Jun
23
2021
Counterpunch: China Adopts Landmark Anti-Sanctions Statute to Stop U.S. Sanctions Effects Overseas Sheppard, Mullin, Richter & Hampton LLP
Sep
27
2023
Overview of Recent Anti-Corruption Enforcement Actions in the Pharmaceutical Industry in China Sheppard, Mullin, Richter & Hampton LLP
Nov
1
2011
China Implements a Security Review System for Certain Mergers and Acquisitions of Domestic Enterprises by Foreign Investors Sheppard, Mullin, Richter & Hampton LLP
Feb
1
2013
Employers Beware-Newly Issued Judicial Interpretation Resolves Ambiguity Under The Criminal Law For Failure To Pay Wages Sheppard, Mullin, Richter & Hampton LLP
Jul
23
2013
Qihoo 360 v. Tencent: A Landmark Decision under China's Anti-Monopoly Law Sheppard, Mullin, Richter & Hampton LLP
Aug
21
2013
China Hands Milk Producers the Largest Anti-Monopoly Violation Fine Sheppard, Mullin, Richter & Hampton LLP
Dec
4
2014
Drop Your Weapons: The United States Restricts Military Exports to Venezuela Sheppard, Mullin, Richter & Hampton LLP
Feb
11
2015
China: Comparison Chart re JV Law and Foreign Investment Law (Draft for Comments) Sheppard, Mullin, Richter & Hampton LLP
Jun
29
2015
Changes in Margin Trading and Short Selling Regulations and the Potential Impact on Client Investment’s Through QFII A-Shares Sheppard, Mullin, Richter & Hampton LLP
Nov
25
2015
Clash of Civil and Common Law: Case Guidance System v. Stare Decisis Sheppard, Mullin, Richter & Hampton LLP
Mar
22
2016
China’s Anti-Unfair Competition Law Is Poised For Update Sheppard, Mullin, Richter & Hampton LLP
Jun
12
2020
Nota Bene Episode 85: Trade Wars - The Rise of Export Controls and the Impact on the Growth of Technology with Reid Whitten [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Dec
30
2021
Hong Kong Stock Exchange Announced New Listing Regime for SPAC Sheppard, Mullin, Richter & Hampton LLP
Jun
29
2022
Is the U.S. solar industry ready to prove its panels aren’t made with Uyghur forced labor? Sheppard, Mullin, Richter & Hampton LLP
Feb
20
2024
China Raises Turnover Threshold for Anti-Monopoly Filing in M&A Deals Sheppard, Mullin, Richter & Hampton LLP
Aug
5
2011
US & China Sign Antitrust Memorandum of Understanding Sheppard, Mullin, Richter & Hampton LLP
Jan
20
2012
Going Private: U.S. Listed Chinese Companies Sheppard, Mullin, Richter & Hampton LLP
Jul
18
2014
State Council Released Opinions on Promoting Fair Competition and Maintaining Regular Order in the Market Sheppard, Mullin, Richter & Hampton LLP
Oct
14
2014
More Transparency- New Chinese Enterprise Information Disclosure Rules Take Effect Sheppard, Mullin, Richter & Hampton LLP
Nov
11
2014
U.S. and China Strike Visa Deal Sheppard, Mullin, Richter & Hampton LLP
Nov
20
2014
China Court Ruled Infringement for Ambush Marketing in Film Industry Sheppard, Mullin, Richter & Hampton LLP
Dec
5
2014
Military Electronics Export Reform: Let the Chips Fall Where They May Sheppard, Mullin, Richter & Hampton LLP
Dec
18
2019
Chasing Huawei: BIS May Change the Rules of the Game to Target One Player Sheppard, Mullin, Richter & Hampton LLP
May
22
2020
Huawei Whack-A-Mole: The U.S. Takes Another Swing at the Chinese Semiconductor Industry Sheppard, Mullin, Richter & Hampton LLP
Jun
25
2021
Anti-Forced Labor Measures Turn Up the Heat on Chinese Solar Equipment Suppliers Sheppard, Mullin, Richter & Hampton LLP
Nov
22
2021
Benefits and Considerations for Patent Prosecution under Patent Prosecution Highway in the U.S., Europe, China, and Singapore Sheppard, Mullin, Richter & Hampton LLP
Mar
8
2022
Making Sense of the Solar Supply Chain Issues Sheppard, Mullin, Richter & Hampton LLP
Jun
29
2022
China Securities Regulatory Commission issued Proposed Provisions Related to Offshore Listing Sheppard, Mullin, Richter & Hampton LLP
Dec
4
2023
Computer Love: Beijing Court Finds AI-Generated Image is Copyrightable in Split with United States Sheppard, Mullin, Richter & Hampton LLP
May
21
2013
Renminbi Qualified Foreign Limited Partner: an Incremental Step Toward RMB Internationalization in the Private Equity Industry Sheppard, Mullin, Richter & Hampton LLP
 

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