In our previous articles this month, we’ve introduced the effectiveness of company resolutions, shareholders’ right to know, shareholders’ right of first refusal. Today we’ll further introduce the shareholders’ right of distribution of profit, as well as representative lawsuits.
Background Overview On the evening of October 19, 2024, the State Council officially announced the Regulations of the People’s Republic of China on the Export Control of Dual-Use Items (hereinafter referred to as the “Regulations”), which will take effect on December 1. The Regulations aim to address issues such as the relatively scattered nature of
Overview In September 2024, China’s Ministry of Foreign Commerce (MOFCOM) launched an investigation into the business activities of PVH Corp. (the parent company of Calvin Klein and Tommy Hilfiger among other brands) under the allegation that the company violated normal market trading practices in China. MOFCOM suspects that PVH severed contracts between itself and cotton
On November 13, 2024, the 2024 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum was held in Qianhai, Shenzhen City, China. The theme of the forum was “Technological Leadership, Industrial Synergy.” This year’s forum included five sub-forums, enterprise exchange exhibitions, and industrial cooperation matchmaking events. This year is the second consecutive year of the forum.
