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The Compliance of the Meta-Manus Transaction from the Perspective of China’s Security Review of Foreign Investment

2026-04-29ARTICLES Jun PENG, Ziying SHEN, Rui SUN

The acquisition of Manus by Meta has attracted widespread public attention since January. There has been intense discussion among various media outlets and scholars around the underlying compliance issues of the transaction. Information released by relevant Chinese government authorities on 27 April 2026 indicates that the Meta-Manus transaction presents compliance issues in relation to China’s foreign investment security review.More

Preliminary Study on Shareholder Status Determination and Equity Transfers in Foreign-Invested Enterprises

2026-04-29ARTICLES Cai Shuo, Xing Jingyu

The implementation of the Foreign Investment Law has triggered a wave of corporate restructuring among foreign-invested enterprises, while disputes between Chinese and foreign shareholders have become increasingly prominent. This article focuses on two practical issues arising after the implementation of the Foreign Investment Law: the determination of shareholder status for Chinese shareholders whose equity interests were historically registered as zero, and the approval and filing requirements for equity transfers in foreign-invested enterprises.More

The Boundaries of AI in Judicial Proceedings: From Parties to Lawyers

2026-04-29ARTICLES Ping Zhao, Mujuan Lin, Stella Lu, Zhuangyi Li, Ice Zhang

With the increasing integration of AI into the legal field, the boundaries governing the use of AI tools by both parties and legal counsel have become increasingly prominent. From the perspective of parties, this article takes United States of America v. Bradley Heppner as a point of departure and examines the position that where a party, without the direction of counsel, uses consumer-grade AI platforms to process confidential information, communications between the party and the AI platform are not protected by the attorney-client privilege or the work product doctrine.More

Chinese Judicial Practice on the Validity of “Either Arbitration or Litigation” Clauses

2026-03-05ARTICLES Tianyu (Vera) Zuo, Maoyi (Emily) Yang

The validity of an arbitration agreement directly determines whether arbitral proceedings can be commenced and whether an arbitral award can be recognized and enforced. Under Chinese law, an arbitration agreement that provides for “either arbitration or litigation” is invalid. In practiceMore

The legal consequences of backdating paper bills of lading under letters of credit and use of surrendered bills of lading emerge from the China case, Ningbo Nanheng Import and Export Co. Ltd. v. Shinhan Bank Co. (2021) Zhe Min Zhong No. 156 [PRC]「1」

2026-03-05ARTICLES Saibo JIN **

When the beneficiary under the letter of credit presented the original marine paper bill of lading as per the documents required by the letter of credit to the issuing bank, the letter of credit terms also require the cargo carrier to first issue an electronic release bill of lading that records the true date of shipment and release the goods to the consignee designated by the issuing bank in LC.More

Efficient Arbitration Pathways under the Revised PRC Arbitration Law: An Analysis from the Party-Interest Optimization Perspective

2025-12-31ARTICLES Ping Zhao, Stella Lu, Xueli Ren, Ice Zhang, Weibing Chen

China’s newly revised Arbitration Law of the People’s Republic of China (2025 Revision) is guided by the principles of “efficiency, practicality, stability, and internationalization”. It introduces systematic optimization of arbitration procedures and incorporates several practical developments into the statutory framework, thereby laying a solid foundation for enhancing arbitration efficiency.More

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