China has a new overseas relations legislation. Here’s what it implies for business enterprise

Crucial Factors

Two new legal guidelines, a person on espionage and the other on overseas relations, took impact July 1.
In strictly authorized conditions, the legislative variations never improve the danger for foreign firms in China, claimed Jeremy Daum, senior fellow at Yale Law School’s Paul Tsai China Centre.
“The present-day atmosphere lends by itself to a lot more events the place a regulator or someone in the government in China may possibly decide on to consider action that is non-clear. That generates a risk for U.S. enterprise,” explained Michael Residence, partner at Perkins Coie.

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