The U.S. Outbound Investment Final Rule: What It Means for American Business Executive Summary Effective Date: January 2, 2025 Key Impact: Restricts U.S. investments in Chinese tech sectors Affected Industries: Semiconductors, quantum computing, AI Penalties: Up to $368,136 or 2x transaction value Required Action: New compliance programs by January 2025 On October 28, 2024, the
Overhead Door Counterbalance Torsion Springs from China and India On October 29, 2024, new antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Overhead Door Counterbalance Torsion Springs from China and India. Overhead door springs are helical steel springs with tightly wound coils that typically are used to raise and lower overhead
Hard Empty Capsules from Brazil, China, India, and Vietnam On October 24, 2024, new antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Hard Empty Capsules from Brazil, China, India and Vietnam. Hard Empty Capsules (HEC) are unfilled cylindrical shells (usually gelatin based) that are used to hold pharmaceutical or nutraceutical products. The
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these questions that people ask us, along with our answers.
On September 30, 2024, a new antidumping (AD) and countervailing duty (CVD) petition was filed against imports of Hexamine from China, Germany, India and Saudi Arabia. Due to its reactive nature, hexamine is used primarily as an input to produce explosives and energy products, a curing agent or catalyst in the plastics and resin industries,
What is China’s Game Plan for International Business Relations? As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these
The Update on the TikTok Ban In The Ticking Clock to a TikTok Stop, I discussed the TikTok ban bill then under consideration in the United States Congress. The bill aimed to address concerns over national security and data privacy, stemming from TikTok’s ownership by ByteDance, a Chinese company. Fast forward to today, and the bill
Navigating the Nuances When Working with Foreign Companies and Legal Professionals Way back in 2009, I wrote a blog post on the challenges and cultural differences I encountered while working with lawyers in Asia. At that time, my observations were primarily based on representing American companies entering Asian markets. Since then, this one post has
Foreign Related Rule of Law Foreign-related rule of law (涉外法治) is a relatively new buzz phrase that has been making the rounds in China’s policy circles, with even Xi Jinping himself getting in on the action. Like other language coined by Chinese officialdom, the phrase is somewhat vague. At its core, this initiative aims to
I just learned that Alvin Y.H. Cheung has died, at the far too young age of 38. Who was Alvin Cheung, and why, after nearly 20 years of this blog, is he the first person to receive a memorial here? Alvin Cheung was a true scholar. By this, I mean he was the sort of
