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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Nov
17
2017
News Flash: Kleptocrats Still Taking Bribe Money With One Hand and Laundering it With the Other Sheppard, Mullin, Richter & Hampton LLP
Jun
28
2018
5 Weird Things About the Trump Trade Agenda: Disruptive Innovation On a Global Scale Sheppard, Mullin, Richter & Hampton LLP
Nov
26
2019
The True Impact of the Chinese Telecom Ban on Government Contractors Sheppard, Mullin, Richter & Hampton LLP
May
29
2020
CFIUS UPDATE ISSUE — CFIUS Scrutiny in Biotech: The Ekso Case and the Eye of the Terminator Sheppard, Mullin, Richter & Hampton LLP
Nov
16
2020
Four Ways the Biden Presidency Could Impact Imports, Tariffs, and Trade Agreements Sheppard, Mullin, Richter & Hampton LLP
Aug
12
2021
Clean Energy’s Messy Problem II: The Solar Industry, Its Suppliers, and the Complex Task of Combatting Forced Labor Sheppard, Mullin, Richter & Hampton LLP
Jan
14
2022
China Securities Regulatory Commission Issued Proposed Rules on Offshore Listing Sheppard, Mullin, Richter & Hampton LLP
Apr
15
2022
Unroll the Scroll Painting: Inside the Chinese Art Market and Its Regulatory Landscape Sheppard, Mullin, Richter & Hampton LLP
Jul
8
2022
Reverse CFIUS? S∩IℲƆ? New Outbound Investment Review Process Becoming More Likely Sheppard, Mullin, Richter & Hampton LLP
Jan
20
2011
China's Supreme People's Court Issues Notice on Trial of Cases Involving Transfers of Nonperforming Assets to Foreign Investors Sheppard, Mullin, Richter & Hampton LLP
Jun
28
2011
China Clarifies and Expands Reporting Obligations of Foreign Enterprises on Indirect Equity Transfers Sheppard, Mullin, Richter & Hampton LLP
Dec
23
2011
SAIC Issued Administrative Measures for Corporate Debt-for-Equity Swap Registration Sheppard, Mullin, Richter & Hampton LLP
Nov
17
2013
Dodd-Frank Whistleblower Protection: For America Only Sheppard, Mullin, Richter & Hampton LLP
Nov
25
2014
China and Australia Conclude Landmark Free Trade Agreement Negotiations Sheppard, Mullin, Richter & Hampton LLP
Oct
26
2015
Politics – The Invisible Force Behind China Artist and Art Market Sheppard, Mullin, Richter & Hampton LLP
Jul
1
2016
China Accelerates the Establishment of Social Credit System Sheppard, Mullin, Richter & Hampton LLP
Mar
16
2017
Predicting the Unpredictable: Foreign Investment Under the Trump Administration Sheppard, Mullin, Richter & Hampton LLP
Mar
14
2018
5 Steps to Obtaining an Exemption under President Trump’s Steel and Aluminum Tariffs Sheppard, Mullin, Richter & Hampton LLP
Apr
12
2018
The Great Wall Against China: Washington’s Barriers to a Wave of Capital from the Far East Sheppard, Mullin, Richter & Hampton LLP
Apr
30
2020
Nota Bene Episode 79: Emerging from COVID-19 with Easy China Warehouse CEO Brian Miller Sheppard, Mullin, Richter & Hampton LLP
Nov
11
2021
China Draft PIPL Measures Outlines Thresholds for CAC Security Assessments Sheppard, Mullin, Richter & Hampton LLP
Mar
23
2022
Provisions on Administration of Algorithmic Recommendation Took Effect on March 1 Sheppard, Mullin, Richter & Hampton LLP
Apr
18
2022
China Proposed Draft Implementing Rules for Human Genetic Resources Management Sheppard, Mullin, Richter & Hampton LLP
Oct
11
2022
China Semiconductor Export Regulations, Episode I – Counting Your Chips Carefully Sheppard, Mullin, Richter & Hampton LLP
Mar
12
2023
China to Establish National Bureau of Data Sheppard, Mullin, Richter & Hampton LLP
May
20
2023
Watching the Detectives: Export Control Enforcement Trends Upward Sheppard, Mullin, Richter & Hampton LLP
Dec
12
2023
Carrot and Stick Export Controls: U.S. Export Controls Give Benefits to Allies Sheppard, Mullin, Richter & Hampton LLP
Aug
29
2009
What To Do When Your .CN Domain Name Is Already Taken Sheppard, Mullin, Richter & Hampton LLP
Feb
16
2011
China Restricts Growth of Polysilicon Industry Sheppard, Mullin, Richter & Hampton LLP
Jul
10
2011
New Developments for Foreign Special Purpose Companies and Round-Trip Investment Sheppard, Mullin, Richter & Hampton LLP
Nov
19
2013
“Unprecedented” Reform of Company Registration Regime in China Sheppard, Mullin, Richter & Hampton LLP
Mar
7
2014
China Business Registration Reform Sheppard, Mullin, Richter & Hampton LLP
Nov
14
2014
State Council Issues Guideline to Boost China's Sports Industry Sheppard, Mullin, Richter & Hampton LLP
Dec
2
2014
China Arbitration Update: New CIETAC Rules Effective January 1, 2015 (China International Economic & Trade Arbitration Commission) Sheppard, Mullin, Richter & Hampton LLP
Jun
3
2016
New Regulations on the Investment in the Interbank Bond Market by Foreign Institutional Investors Sheppard, Mullin, Richter & Hampton LLP
Apr
12
2018
Five Things You Must Know About Trade Wars Sheppard, Mullin, Richter & Hampton LLP
Nov
17
2020
New Export Control Law: China Strengthens its Regulatory “Great Wall” Sheppard, Mullin, Richter & Hampton LLP
Nov
19
2013
Chinese Acquisition of US Technology: Export Regulation and Foreign Investment Issue Spotting Sheppard, Mullin, Richter & Hampton LLP
Mar
11
2014
An Assessment of the CFIUS (Committee on Foreign Investment in the United States) 2012 Annual Report Sheppard, Mullin, Richter & Hampton LLP
Jul
9
2014
Ministry of Commerce of China (MOFCOM) to Confirm Relaxation of Registered Capital Contribution Requirements for Foreign Invested Enterprises (FIEs) Sheppard, Mullin, Richter & Hampton LLP
Dec
2
2014
China: New Customs Credit Measures Sheppard, Mullin, Richter & Hampton LLP
Dec
19
2014
Turnin’ Havana to Atlanta: The White House Opens Doors for U.S. Telecommunications Investment in Cuba and Latin America Sheppard, Mullin, Richter & Hampton LLP
Apr
29
2015
Work and Resident Permits for Short-Term Working Foreigners Sheppard, Mullin, Richter & Hampton LLP
Mar
10
2016
China State Council Approved Pilot Program to Promote Service Trade Sheppard, Mullin, Richter & Hampton LLP
Jun
7
2018
Another Day Another Tariff… and Other Recent Restrictions on China Sheppard, Mullin, Richter & Hampton LLP
Nov
28
2018
The List of Forbidden Products Grows: The NDAA’s Prohibitions on Use of Certain Chinese-Made Equipment Sheppard, Mullin, Richter & Hampton LLP
Jul
23
2021
Clean Energy’s Messy Problem: The Solar Industry, the U.S. Government, and the Complex Task of Combatting Forced Labor Sheppard, Mullin, Richter & Hampton LLP
Dec
21
2022
The New Containment: How the Semiconductor Industry Came to Be at the Heart of the Technological Cold War Sheppard, Mullin, Richter & Hampton LLP
Jan
31
2023
Nota Bene Episode 158: The U.S.-China Trade War: How It Started and Where It’s Headed with Reid Whitten [PODCAST] Sheppard, Mullin, Richter & Hampton LLP
Jul
25
2023
Regulatory Framework for Privately-Offered Investment Funds in China: Implications and Compliance Sheppard, Mullin, Richter & Hampton LLP
 

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