IP
A Beijing District People's Court has held that the Alibaba
had not taken adequate steps to prevent the publication of material infringing
IP rights, having had 8 months in which to act upon notice of alleged
infringement.
BEPS
China signed the OECD Convention on BEPS (Base Erosion and
Profit Shifting) on 7 June 2017, which modifies many bilateral tax treaties to
implement the BEPS recommendations.
Cyber-security
China's new cybersecurity law, which has had much media
coverage, became effective on 1st June 2017. As a result, businesses in China
will be subject to significantly increased internet regulation. Apple, for
example, has already removed many listings from its AppStore in China as a
result.
In addition, significant privacy protections have been
introduced for network users in China. One aspect which has attracted
particular attention is the requirement that that information gathered and
produced in mainland China must be stored in mainland China. If it is claimed
that it is necessary that information be stored outside China then a security
assessment must be carried out.
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Please contact:
John Barclay -Email
Teresa Tam - Email
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Primasia Corporate Services Limited
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