Both Chinese and foreign enterprises must confront and anticipate that suspending transactions with China-based enterprises may expose them to the risk of Chinese countermeasures. Enterprises must identify and assess the relevant risks, inc...

Against the backdrop of global tax governance entering a new era of “look-through regulation”, the revised version of the Common Reporting Standard (“CRS 2.0”) released by the Organisation for Economic Co-operation and Development (OECD...

On April 10, 2026, the Supreme People's Court and the Supreme People's Procuratorate (the "Two Supremes") jointly issued the Interpretation on Several Issues Concerning the Application of Law in Handling Criminal Cases of Corruption and Bri...

On February 24, 2026, Ministry of Commerce of China (MOFCOM) designated 20 Japanese entities to the List of Controlled Parties, with another 20 on the Watching List. These designations are based on reasons of national security and interest ...

In March 2026, the military procurement website (plap.mil.cn) under the Central Military Commission (CMC)'s Logistics Support Department published disqualification notices against four major pharmaceutical companies in a single day, sending...

The medical products price and tendering-procurement credit rating system, initially established by the National Healthcare Security Administration (NHSA) in August 2020, has undergone a significant evolution. On June 5, 2025, the NHSA intr...