New Developments in China’s Dual-Use Items Export Legislation
2024.11.20

New Developments in China’s Dual-Use Items Export Legislation

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

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China’s MOFCOM Investigation of PVH Illustrates the Complications of Multinationals’ Compliance Operations
2024.11.19

China’s MOFCOM Investigation of PVH Illustrates the Complications of Multinationals’ Compliance Operations

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

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U.S. Court Rules to Block the Merger of Handbag Giants Tapestry and CAPRI
2024.11.19

U.S. Court Rules to Block the Merger of Handbag Giants Tapestry and CAPRI

Introduction In August 2023, luxury fashion group Tapestry Inc. (parent company for brands including Kate Spade, Stuart Weitzman, and Coach) concluded a deal to acquire Capri Holdings Limited (parent company of brands including Michael Kors, Jimmy Choo and Versace) for USD$8.5 billion. With Tapestry Inc.’s market capitalization at USD$11.41 billion and Capri Holding’s at USD$2.41

The Second Annual ASEAN-China Greater Bay Area Economic Cooperation Sets the Intention for Global Leadership in Technology and Innovation
2024.11.18

The Second Annual ASEAN-China Greater Bay Area Economic Cooperation Sets the Intention for Global Leadership in Technology and Innovation

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.

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Fashion Industry 2024: Why Global Brands Are Choosing Vietnam?
2024.11.10

Fashion Industry 2024: Why Global Brands Are Choosing Vietnam?

Vietnam has become a top player in the global fashion supply chain, now the third-largest garment exporter after China and Bangladesh,[i] with exports reaching over 100 countries, primarily to the U.S., EU, and Japan. Major global brands like Adidas, Nike, Puma, and Uniqlo are increasingly shifting their production to Vietnam. But why is Vietnam so

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India: New Regulation on compulsory dematerialization of the shares of a private company
2024.11.7

India: New Regulation on compulsory dematerialization of the shares of a private company

INTRODUCTION In a significant move aimed at enhancing the security, efficiency, and transparency of shareholding management, the Ministry of Corporate Affairs (MCA) issued a notification on October 27, 2023, that requires private companies to dematerialize their shares. This notification introduces new rules under the Companies (Prospectus & Allotment of Securities) Second Amendment Rules, 2023, introducing Rule 9B, making

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China’s First Judicial Case on Data Cross-border Transfer
2024.10.29

China’s First Judicial Case on Data Cross-border Transfer

In the “Ten Typical Cases of Cross-border Data Disputes” released by the Guangzhou Internet Court in September 2024, the case of cross-border transfer of personal information by an international hotel company [(2022) Yue 0192 Min Chu No. 6486] is called as “the first case of cross-border transfer of personal information” in China , which initially

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Data Protection Laws in India – a change in recent times
2024.10.23

Data Protection Laws in India – a change in recent times

Introduction The Indian government has for the first time enacted the special law on protection of personal data. The Digital Personal Data Protection Act, 2023 (also called as “DPDP Act”), was enacted in August 2023 and has come into force from 1st September, 2023. Until the enactment and implementation of the DPDP Act other Acts

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