Shanghai
China’s Shenzhen City Enacted Regional Data Regulation
Shenzhen, the leading financial and production center for China and home of many Chinese internet and tech giants such as Huawei, Tencent and DJI, enacted its regional data protection law, Data Regulation of the Shenzhen Special Economic Zone (…
China to amend its Anti-Money Laundering Law
In June of 2021, the People’s Bank of China (PBOC, China’s central bank and major financial regulator) published the draft version of amended Anti-Money Laundering Law (Amended AML Law) seeking for public opinion[1]. Amended AML Law…
Data protection: Chinese authorities put compliance pressures on online business operators
On July 2, 2021, the Cyberspace Administration of China (CAC) announced on its website that it has started a cybersecurity review on Didi (world’s biggest online ride-hailing company), and during the review Didi is not allowed to register new…
The new double taxation agreement between Spain and China has also entered into force in China
The new double taxation agreement between Spain and China has now also completed the internal legislative procedure in China, and, thus, has entered into force, according to Announcement (2021) No. 16, which was issued by the State Administration of…
Review on China’s Recent Law Enforcement for Data Protection of Apps
Chinese Government recently enhanced the regulations on mobile apps’ data processing through new regulations and active law enforcement actions . On March 22, 2021, Cybersecurity Administration of China (CAC) jointly with other government…
China passes Data Security Law
On June 10, 2021, China's National People’s Congress Standing Committee passed the Data Security Law (DSL). The DSL will become effective as of September 1, 2021, leaving less than three months for companies to adapt to the new data…
China Issues its 'Blocking Statute'
On June 10, 2021, China’s National People’s Congress Standing Committee passed the Anti-Foreign Sanction Law which comes into effective immediately. Similar to the EU’s “Blocking Statute”, the Law created a legal…
Keys to the enforcement of foreign arbitration awards in mainland China
China has been building up and improving its legal regime for recognition and enforcement of foreign awards since the nation joined the New York Convention in the 1980’s. In this article we give an overview on the key issues regarding the…
China Issued New Version of Data Security Law
China recently published the second version of the draft Data Security Law (DSL) with the purpose of seeking public opinions. According to the legislative plan of its legislative authority, China will formally enact the DSL within 2021. Hence the…
China Issued Second Draft of Personal Information Protection Law
China published the second version of its draft Personal Information Protection Law (PIPL) recently to seek public comments until May 28, 2021. Most of the articles of the previous draft PIPL have been maintained in this second draft (Second Draft)…
A new double taxation agreement between Spain and China has been published
The March 30, 2021 edition of the Official State Gazette published the new Agreement between China and Spain for the elimination of double taxation, done at Madrid on November 28, 2018.
Individual Income Tax Impact on Change of Tax Residence Status of Non-domiciled Individuals
Due to the worldwide impact of COVID-19 Pandemic, some foreign expatriates working in China are unable to return to work in China or travel abroad for overseas work functions. The extended or shortened staying days in China affect the tax residence…