From the 1 January 2020, Foreign Investment Law of the People's Republic of China (“FIL”) becomes effective. The FIL adopted at the Second Session of the Thirteenth National People's Congress marks a significant era for foreign investment in China and many foreign entities will be affected by the FIL. In this two-part series, we analysis…
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The Special Administrative Measures for Access of Foreign Investment (Negative List) (2019) (the “Negative List”) promulgated by National Development Reform Commission and Ministry of Commerce went into effect 30 July 2019. The Negative List is revised on a yearly basis to establish the industries in which foreign investment is prohibited or that foreign investors can only take…
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In the market environment, businesses often compete against one another to offer quality services and goods to be consumed. Healthy competition can incentivise businesses to create distinctive services and goods to obtain consumer loyalty, which, overall, may assist in market and economic development. However, dishonest and fraudulent competition in trade and commerce can economically harm…
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