Whether directly or indirectly involved with human genetic resources sourced from China, foreign organizations and individuals (or institutions formed or controlled by them) (together “Foreign Parties”) should be aware of the Regulation of the People’s Republic of China on the Administration of Human Genetic Resources (中华人民共和国人类遗传资源管理条例) (the “Regulations”).
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REGULATIONS
Prospective Opportunities & Risks for Bitcoin in China
By Mark Schaub and Molly Su King & Wood Mallesons‘ Shanghai office.
For much of its short history, Bitcoin’s turbulent growth has remained relatively unbridled by regulations or laws. The past 12 months have been no less explosive—investors in Bitcoin have enjoyed the cryptocurrency’s greatest period of growth since its inception in 2009. At its peak on the 11th of August this year, 1 BTC reached 4425.30 USD, a sevenfold increase on the same day the previous year.[1] 1 BTC has since dropped to 4,210.94 USD at the time of writing.[2]
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Investment in Ghana – Recent Legal Developments
By David Parkes and Ofei Kwafo-Akoto King & Wood Mallesons’ London Office
Ghana has faced a series of macroeconomic challenges over the past year, with sustained depreciation of the cedi against major foreign currencies, high fiscal and current account deficits and a slowdown in real GDP growth. Despite this, the country remains one of…