China’s launch of a central bank digital currency (CBDC) has become a question of when and not if. The more important question for businesses is: how do I get ready for a digital RMB? After all, digitising the currency of the world’s most populous nation and second largest economy may well be one of the most important changes to the financial system since China invented paper money more than one thousand years ago.
Continue Reading China’s digital RMB – is your business ready?
重磅发布:《智库报告:聚焦“一带一路”中的法律与实践IV》(2021)发布 KWM issues Think Tank Report: Law and Practice under the Belt & Road Initiative IV (2021)
去年,全球遭遇百年未遇的疫情大流行,社会经济很多方面都受到了严重冲击。在这样的大环境下,“一带一路”建设并没有因此而停滞,而是从实际出发,积极主动作为,表现出了很强的韧性与活力,为全球抗疫和稳定经济作出了巨大贡献。…
Continue Reading 重磅发布:《智库报告:聚焦“一带一路”中的法律与实践IV》(2021)发布 KWM issues Think Tank Report: Law and Practice under the Belt & Road Initiative IV (2021)
碳中和 – 中国在行动 新的全国统一的碳排放权交易市场呼之欲来 Carbon Neutrality—China is Set to Rollout a New National Emissions Trading Scheme Market
2021年3月30日,中国生态环境部发布了《碳排放权交易管理暂行条例》征求意见稿(“《新碳排放权交易条例》”)征求公众意见。
On March 30th 2021, China’s Ministry of Ecology and Environment (“MEE”) promulgated a draft version of Emissions Trading Scheme Regulation (“New ETS Regulation”), soliciting for public opinions.
Continue Reading 碳中和 – 中国在行动 新的全国统一的碳排放权交易市场呼之欲来 Carbon Neutrality—China is Set to Rollout a New National Emissions Trading Scheme Market
金杜东京办公室迎来合伙人桥本圆,拓展在融资和资本市场等领域的综合实力 King & Wood Mallesons Tokyo office further strengthens its finance and capital market practice with the addition of partner Madoka Hashimoto
金杜律师事务所东京办公室迎来新合伙人——桥本圆(Madoka Hashimoto)律师。借助在融资、资本市场及一般公司法律事务等领域的丰富执业经验和广泛客户认可度,桥本圆律师将与东京办公室的各位合伙人共同提升整体团队的服务实力。
King & Wood Mallesons (KWM) Tokyo office has a new partner Madoka Hashimoto on board. Leveraging his extensive experience and wide client recognition in finance, capital markets, and general corporate matters, Madoka Hashimoto will work closely with all other partners in the Tokyo office to enhance the service capabilities of the team.
Continue Reading 金杜东京办公室迎来合伙人桥本圆,拓展在融资和资本市场等领域的综合实力 King & Wood Mallesons Tokyo office further strengthens its finance and capital market practice with the addition of partner Madoka Hashimoto
China Opens the Door to Mass Production of Autonomous Cars – A Brief Commentary of the MIIT’s Draft Admission Access Guide
A major concern for car manufacturers in China has been – assuming we can develop autonomous cars – will we also be able to sell them? This question arises because of China’s stringent registration process in respect of motor vehicles. …
Continue Reading China Opens the Door to Mass Production of Autonomous Cars – A Brief Commentary of the MIIT’s Draft Admission Access Guide
New trends in antitrust compliance in the platform economy
Recently, State Administration for Market Regulation (“SAMR”) and Shanghai Administration for Market Regulation (“Shanghai AMR”) issued respectively within a short span two high-profile administrative penalty decisions against operators in the platform economy for the abuse of market dominance. SAMR has also issued an “Administrative Instruction” for the first time in its case (the “SAMR case”). The two cases unambiguously signal a trend of a significant increase in the antitrust enforcement actions in the future.
Continue Reading New trends in antitrust compliance in the platform economy
Exploring the Trend of Abuse of Dominance Investigation in China
A few days ago, the State Administration for Market Regulation (“SAMR”) and Shanghai Administration for Market Regulation (“Shanghai AMR”) successively issued two administrative decisions punishing two Internet platform companies for engaging in “either-or choice” practices (a type of exclusive dealing arrangement) on their in-platform merchants. On April 13, 2021, SAMR, Cyberspace Administration, and State Taxation Administration also held an administrative guidance meeting with 34 platform undertakings, urging them to conduct comprehensive self-inspection and rectify any potential anticompetitive practices or behavior within one month. Some platform undertakings have issued their commitments, promising not to engage in anticompetitive practices.
Continue Reading Exploring the Trend of Abuse of Dominance Investigation in China
China Beauty 2021 the Domestic Responsible Agent Requirement
China’s announcement of an exemption for animal testing on imported cosmetics will come into effect from 1 May 2021.
Continue Reading China Beauty 2021 the Domestic Responsible Agent Requirement
China’s Legislation on Autonomous Cars Rolls out
The pandemic does not seem to have slowed down the rapid development in autonomous cars in 2021. Autonomous driving is seeing a boom in investment. In China alone, there have been 24 financings related to autonomous cars in the first two months of 2021. The total amount of financing involved exceeded RMB 17 billion.
Continue Reading China’s Legislation on Autonomous Cars Rolls out
China’s 14th Five-Year Plan — Key takeaways for financial services
On 12 March 2021, China released its much-anticipated economic and social development blueprint for the next five years and beyond – the ‘Outline of the 14th Five-Year Plan (2021-25) for National Economic and Social Development and Long-term Objectives Through 2035’ (14th Five-Year Plan). …
Continue Reading China’s 14th Five-Year Plan — Key takeaways for financial services
