When Baidu CEO Robin Li was arrested by Beijing police for sitting in a self-driving car, it was obvious the country needed an update of its traffic laws, just like the US, Australia and several European countries did have. Shanghai-based lawyer Mark Schaub gives at his firm’s website an overview of what is needed to support the development of self-driving cars, including testing on public roads and setting standards.
Category Archives: King&Wood Mallesons
China has released new rules for infant formula milk powder, one of the most-discussed products after massive domestic scandals and waves of foreign imports, both legally and illegally. Shanghai-based lawyer Mark Schaub discusses at Lexology the impact, as domestic and foreign formulas are now treated equally, and it is going to be more complicated.
Foreign multi-level marketing (MLM) firms like Herbalife, Nu Skin and Usana Health Sciences got into trouble as Chinese authorities turned in a 3-month campaign against domestic illegal pyramid schemes. Shanghai-based lawyer Mark Schaub explains the background at the China Law Insight.
2017 will not beat 2016 in terms of volume of outbound investments, but China is still expanding fast – despite increased government limits on financing outbound deals.A few of our speakers at the China Speakers Bureau focus on that development.
The China Food and Drug Administration (“CFDA”) has released in April a draft regulation for supervision of so-called health food. Shanghai-based lawyer Mark Schaub of King & Wood Mallesons sees it as an open way to discuss a new system of filing, and less registration, he writes in Lexology.
Foreign companies fear an increasing risk in China, now the government is tightening legal supervision, fighting corruption and banning business practices that were considered to be common up to a year ago. GSK might be one of the high-profile cases in the anti-corruption drive, but no foreign company or industry is not worried about those changes. The China Speakers Bureau can offer a range of experts on risk management in China.
Moving to China still seems attractive for many professionals, including lawyers. Shanghai-based lawyer Mark Schaub explains to the Law Gazette the barriers you might meet twice, and why you could consider the move very well. And that does not only is true for lawyers.
The China Banking Regulatory Commission (CBRS) brought out last month new regulations to make online banking more safe. But foreign banking institutions and IT vendors fear exclusion from the China market, and they might be correct, writes Shanghai-based lawyer Mark Schaub in China Law Insight. His take-away.
The draft foreign investment law (FIL) is replacing the regulations from 1979. China has changed, and so a major overhaul of the law is long overdue, write lawyers Mark Schaub and Xu Ping in China Law Insight. They give an overview of the shortcomings of the current law, and the new features of the FIL. And it might only be the beginning.