china
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Company Law, Sustainability, China, Capital Markets
2023
The International Women's Day 2023: - We need to get rid of gender stereotypes
In connection with the International Women’s Day, we have had a chat with our lawyers Hedvig Bugge Reiersen, Tonje Hagen Geiran, Xiaomin Qu and Camilla Perona Fjeldstad.
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2023
China: Long-awaited standard contract released and filing requirement added for transfer of personal information out of China
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.
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2022
ESG and the Chinese Shipping Industry
ESG has been developing for decades internationally, in particular in the West, but has not been as well known in mainland China until more recently. Now, however, ESG is increasingly seen as a political priority aligned with the goal of “common prosperity” and therefore firmly on the agenda of large Chinese companies. This includes many shipping companies, where it is also expected that China’s push within green shipping will lead to more mandatory ESG obligations being introduced.
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2022
How to navigate China’s anti-sanctions laws amidst the sanctions against Russia
The sweeping sanctions implemented against Russia give renewed relevance to the Chinese countermeasures to foreign companies with operations in China or doing business with Chinese counterparties. Companies should tread carefully to avoid falling foul of Chinese legislation.
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Shipping Offshore, Renewable energy and infrastructure, China
2022
Status on China’s offshore wind power development
Mainland China has become the largest offshore wind market in the world. An overall industry chain has been established which encompasses complete offshore wind installation and operation, as well as maintenance and spare parts manufacturing, presenting an attractive market for both domestic and foreign companies.
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2022
Women in law Series: Therese Trulsen
In celebration of the International Women's Day on March 8th we’ve asked some of our female lawyers from across our international offices what it’s like being a woman in law today. This time we've talked to Therese Trulsen, senior lawyer and chief representative at our office in Shanghai.
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Renewable energy and infrastructure, Shipping Offshore, China, Ocean Industries, Sustainability
2021
Offshore wind projects in China: Key legal issues
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.
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Data Protection, China, Technology and digitalisation
2021
New Chinese privacy law – PIPL
4 factors you need to be aware of when doing business in China.
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China, Mergers and Acquisitions
2021
Wikborg Rein has assisted Chinese M&G Stationery in its acquisition of Norwegian company Beckmann
We are proud to announce that we have assisted Chinese stationery giant and listed company M&G in its acquisition of Beckmann, the Norwegian premium schoolbag brand.
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2020
China opens up further to foreign investments
China has shortened the two “Negative Lists” which enumerate the industries where foreign investment will either be prohibited or restricted. On 23 July 2020 the updated Negative Lists came into effect and replaced their 2019 versions. The update signals further opening-up of the Chinese market to foreign investors. Sectors now further opening up include service sector such as financial services, as wells as manufacturing and agriculture. Whilst sectors that remain unavailable includes oil and gas exploration, pipe network etc.
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2020
Notification is the key: The prevention principle, delay and extensions of time under shipbuilding contracts
The decision in Jiangsu provides an in-depth analysis of how, if at all, the prevention principle applies to shipbuilding contracts and the importance of good contract management to notify and seek extensions for events of delay.
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2020
Not acceptable to terminate employment due to virus related reasons
中国：不得因新冠肺炎疫情解除劳动关系 On 20 April China’s Supreme People’s Court issued guideline for virus related civil cases on employment, consumer protection, sale of medical equipment, protection of SME’s assets etc. Chinese courts are now instructed to reject companies terminating employees based on virus related reasons. 2020年4月20日，中国最高人民法院出台了《关于依法妥善审理涉新冠肺炎疫情民事案件若干问题的指导意见（一）》（“《意见》”），该《意见》主要就劳动、消费者保护、销售医疗设备、保障中小企业财产等方面提出指导意见。该《意见》要求中国各级人民法院作出不予支持用人单位因新冠疫情相关原因解雇员工的裁决。
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China, Mergers and Acquisitions
2019
Wikborg Rein assisted Elkem ASA in the aqusition of Polysil
Wikborg Rein has proudly assisted Elkem ASA in one of the largest acquisitions ever conducted by a Norwegian-based company in China.