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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Jul
3
2020
Extraterritorial Application of the Computer Fraud and Abuse Act Sheppard, Mullin, Richter & Hampton LLP
Oct
27
2020
Huya DouYu Merger is a Sign of Things to Come in Esports M&A Sheppard, Mullin, Richter & Hampton LLP
Nov
13
2020
Huya DouYu Merger is a Sign of Things to Come in Esports M&A Sheppard, Mullin, Richter & Hampton LLP
Nov
5
2021
Overview on China’s New Draft Measures for Data Cross-border Transfer Sheppard, Mullin, Richter & Hampton LLP
Feb
15
2022
Verify, Then Trust: Commerce Adds 33 Parties in China to Unverified List Sheppard, Mullin, Richter & Hampton LLP
May
16
2022
Zai Jian Zhongguo, Bienvenidos a México: The Trend of Production Moving from China to Mexico – Regulatory and Practical Considerations Sheppard, Mullin, Richter & Hampton LLP
Aug
10
2022
China Issues Security Assessment Measures of Data Cross-border Transfer Sheppard, Mullin, Richter & Hampton LLP
Jan
22
2024
Companies in Beijing are Submitting Application Materials Relating to the Security Assessment for Cross-border Data Transfer Sheppard, Mullin, Richter & Hampton LLP
Dec
24
2010
China Updates Registration Rules for Representative Offices of Foreign Firms Sheppard, Mullin, Richter & Hampton LLP
Feb
18
2013
Between Mortar and Pestle: Securities and Exchange Commission (SEC) Pressure Grinds Auditors Against People's Republic of China (PRC) State Interests Sheppard, Mullin, Richter & Hampton LLP
Mar
30
2013
Work and Resident Permit Applications of Foreign Employees in China Sheppard, Mullin, Richter & Hampton LLP
May
30
2013
China Enacts New Employment Law Affecting Employers Who Do Not Directly Employ Their Workers Sheppard, Mullin, Richter & Hampton LLP
Jul
29
2013
China Securities Regulatory Commission (CSRC) Became Sole Regulator of Private Equity (PE) Industry Sheppard, Mullin, Richter & Hampton LLP
Sep
4
2013
China State Council Launched New Financial Coordination Mechanism Sheppard, Mullin, Richter & Hampton LLP
Oct
21
2014
China State Council Approves Adjustment of Special Access Management Measures in Shanghai Pilot Free Trade Zone Sheppard, Mullin, Richter & Hampton LLP
Apr
10
2015
An Introduction of Catalogue of Industries for Guiding Foreign Investment Sheppard, Mullin, Richter & Hampton LLP
Jun
21
2016
China State Council Issues Guideline to Boost General Aviation Industry Sheppard, Mullin, Richter & Hampton LLP
Mar
19
2021
Forced Labor and Supply Chains: A Complete Ban on Goods from Xinjiang or Additional WROs on the Horizon? Sheppard, Mullin, Richter & Hampton LLP
May
13
2021
Update on the State of Privacy Law in China Sheppard, Mullin, Richter & Hampton LLP
Oct
12
2021
HSR Considerations For Chinese Investors In U.S. Companies Sheppard, Mullin, Richter & Hampton LLP
Aug
11
2023
Reverse CFIUS Unveiled: Focus on China, Semiconductors, Artificial Intelligence, and Quantum Computing Sheppard, Mullin, Richter & Hampton LLP
Nov
16
2023
China Released Draft Rules Regulating and Promoting Cross-Border Data Transfer Sheppard, Mullin, Richter & Hampton LLP
Dec
29
2010
Patent Exhaustion Doctrine in China Sheppard, Mullin, Richter & Hampton LLP
Feb
22
2013
The People's Supreme Court of China Issues Judicial Interpretation to Define Foreign-Related Civil Relationships Sheppard, Mullin, Richter & Hampton LLP
Jun
4
2013
China’s State Administration of Taxation (SAT) Releases Bulletin on CIT Treatment of Non-resident Enterprises' Secondment Arrangement Sheppard, Mullin, Richter & Hampton LLP
Sep
7
2013
The Foreign Corrupt Practices Act (FCPA) in the News: Big Scoops, Real Fallout Sheppard, Mullin, Richter & Hampton LLP
Jul
10
2015
Environmental Protection Tax Law of the People’s Republic of China (2015 Draft) Sheppard, Mullin, Richter & Hampton LLP
Jul
13
2017
Supreme People’s Court Enhances Data Privacy Protection Sheppard, Mullin, Richter & Hampton LLP
Mar
8
2018
Chips on Their Shoulders: CFIUS Intervenes in Broadcom’s Hostile Takeover Bid for Qualcomm Sheppard, Mullin, Richter & Hampton LLP
Aug
17
2018
Expanding CFIUS: New Law Strengthens And Slows Investment Review Sheppard, Mullin, Richter & Hampton LLP
Jan
15
2019
CBPR System Grows with Entry of Australia and Chinese Taipei Sheppard, Mullin, Richter & Hampton LLP
Sep
2
2020
China Expands Technology Export Controls: Fighting back on TikTok and Putting Your R&D at Risk Sheppard, Mullin, Richter & Hampton LLP
Feb
1
2022
China Issued 2021 Version of Negative List for Foreign Investment Sheppard, Mullin, Richter & Hampton LLP
Jan
23
2024
China Proposes New Regulations for Online Gaming Sheppard, Mullin, Richter & Hampton LLP
Jan
2
2011
China Revamps Its Outdated Copyright Pledges System Sheppard, Mullin, Richter & Hampton LLP
 

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