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The Impact of War on Commercial Contracts and the Global Supply Chain
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美国与中国共产党战略竞争特别委员会(下称「委员会」)于美国第 118 届国会成立，并由国会议员迈克·加拉格尔 (Mike Gallagher) 担任第一届主席。 委员会的组成获得两党普遍支持(于该次国会中以365 票对65 票决议通过设立)，其成立被视为美国立法者重新取得控制对中国政策方向的主导权，并成为国会山庄两党立场 不同的例外。...more
China made significant changes to the country’s export control rules in 2023, imposing new controls and modifying existing controls across multiple industries and technical areas. As discussed in our prior Legal Update (China...more
The Law on Foreign Relations of the PRC (中华人民共和国对外关系法) (the "Foreign Relations Law") became effective on 1 July 2023. In summary, the Foreign Relations Law provides, for the first time, a comprehensive framework for China's...more
Ongoing tensions between the United States and China have resulted in an expansion of U.S. export controls and trade sanctions against China. The Biden Administration’s October 2022 National Security Strategy (“2022 NSS”)...more
In our follow-up webinar, please join our speakers as they give updates on the growing China-Taiwan tensions and discuss how global businesses and other stakeholders can best prepare for the challenges that lie ahead....more
In recent months, the tightrope Israel has been walking between its desire for cooperation with China and its commitment to maintaining normal relations with the United States has been stretched even further. The Israeli...more
On Oct. 12, the White House released its long-awaited National Security Strategy (NSS), a high-level framework addressing the Biden administration’s main priorities on international security, trade and investment. The...more
The best statesmen understand what less worldly and less experienced people often overlook: Wars are mainly political and economic endeavors, and they involve the use of brute force to obtain political and/or economic...more
Beijing has long claimed the country of Taiwan – one of the largest economies in Asia, and a key part of the world’s supply chains – as part of China. Chinese military drills following Speaker Nancy Pelosi’s early August trip...more
On May 23, 2022, President Joe Biden, when asked whether the United States would get involved militarily if China invaded Taiwan, answered firmly, “Yes. That’s the commitment we made.” As the world watches the war in Ukraine,...more
Senators Josh Hawley and Kristen Gillibrand re-introduced new legislation on February 3, 2022, aimed at combatting the use of forced labor in supply chains worldwide. This move comes on the heels of the December 2021 passage,...more
If you wake up each day, grab a cup of coffee, and turn on the world news, or CNN, like I do here in the U.S., one could obviously become a little pessimistic about our future together on this planet. I say, fear not, and...more
The Situation: As part of a series of recent executive actions regarding the People's Republic of China ("PRC"), President Biden issued a new executive order on June 3, 2021—Executive Order 14032—that refines novel sanctions...more
President Biden's Executive Orders on China underscore the need for experienced counsel in U.S.-China transactions as the two countries' relations continue to impact the regulatory landscape. On June 9, 2021, President Biden...more
Previously we reported on President Trump’s Executive Orders banning U.S. nationals’ investment in designated Chinese companies that pose a threat to our national security under the International Emergency Economic Powers...more
On June 3, 2021, President Biden signed Executive Order 14032 (Addressing the Threat from Securities Investments That Finance Certain Companies of the People's Republic of China), modifying the prohibitions placed by the...more
The NFL has scored a new media deal spread across outlets from CBS, NBC, and Fox to ESPN and Amazon worth nearly $110 billion over 11 years, “nearly doubling the value of its previous contracts” and “cement[ing]” the league’s...more
On November 12, 2020, the Trump Administration issued an Executive Order prohibiting U.S. persons from trading securities and related derivatives in “Communist Chinese Military Companies” (CCMCs), effective 60 days later on...more
President Trump’s Executive Order Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies (EO 13959) prohibits transactions by or on behalf of US persons in publicly traded...more
As a preface to this blog, I recently gave a presentation with Nate Picarsic and Emily de la Bruyere at the American Bar Association Public Contract Law Section Fall Procurement Symposium on “China’s Military-Civil Fusion...more
The new Executive Order (EO or the Order) bans transactions by US persons in publicly traded securities of companies identified as “Chinese military companies,” and includes a ban on trading in derivatives of those securities...more
A Presidential executive order was issued on November 12, 2020 finding that “the People’s Republic of China (“PRC”) is increasingly exploiting United States capital to resource and to enable the development and modernization...more
President Trump issued an Executive Order on November 12, 2020 that will prohibit U.S. persons from investing in publicly traded securities of certain companies determined to be affiliated with China’s military. Executive...more
Summary - On July 14, 2020, President Trump took additional actions to address China’s policies regarding Hong Kong. These actions follow last week’s designation of high-ranking Chinese officials for alleged human rights...more
Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made...more