China has amended its criminal law for the 12th time with effect from 1 March 2024 by increasing penalties and adding employees of private companies to some bribery and corruption offences that currently only apply to employees of state-owned enterprises.

Trademark registration plays a vital role in securing trademark protection in China. Over 7 million trademark applications were submitted for registration in China in 2022 according to an official report from China's Trademark Office ("CTMO"). As of the end of 2022, the total number of registered trademarks in China exceeded 42 million.

The world relies heavily on China for its supply chains and access to strategic resources. Whilst the geopolitical risk may be increasing, a complete decoupling is still undesirable for most companies. Faced with mounting pressure to diversify out of China, many foreign companies are therefore exploring alternative de-risking strategies to help with effective supply chain diversification and key-asset distribution.

On 24 February 2023, the Cyber Administration of China ("CAC") issued measures containing a standard contract template for transfers of personal information, detailed guidelines including for a required impact assessment and a filing-requirement for transfers of personal information from China to other countries.

For those who are interested in the Chinese offshore wind market, it is crucial to understand that the Chinese regulatory framework for this sector is complicated and comprehensive, covering the whole value chain.

Data Protection and GDPR

China

Shipping

Senior Associate

Sherry specialises in M&A, foreign direct investment, outbound investment, and general corporate. She has represented numerous international clients in various M&A and foreign direct investment deals, including providing legal services, participation of key deal decision-making, negotiation, draft and implementation of transaction documentations.

Sherry is also part of compliance team in Wikborg Rein's Shanghai office and focuses on the corporate governance from a company’s growth stage. Her focusing areas includes data protection, anti-corruption and anti-bribery as well as anti-trust law in China. She has participated in several compliance training programs as well as compliance investigation programs of many international clients.

Shanghai

{"title":{"title":"Sherry Qiu | Wikborg Rein"}}

Sherry specialises in M&A, foreign direct investment, outbound investment, and general corporate.