China: Corporate and Company Law

The implementation of China's Foreign Investment Law has fundamentally transformed the legal landscape for foreign-invested enterprises, creating new challenges in corporate restructuring and shareholder disputes. Two critical issues have emerged: determining shareholder status for Chinese partners whose equity was historically registered as zero, and navigating the shift from approval-based to filing-based requirements for equity transfers.

China has issued sweeping new regulations that directly challenge Western sanctions, export controls, and forced-labor compliance regimes, creating structural conflicts for multinational companies operating across jurisdictions. These measures authorize investigations, countermeasures, and a "malicious entity list" targeting foreign actors and their advisers who comply with extraterritorial rules deemed improper by Beijing. The regulations carry material personal exposure for executives, compliance staff, a

Meta's acquisition of Manus has sparked widespread attention in China, raising critical questions about foreign investment security review compliance. When a domestic AI company transfers core business assets overseas before selling to a foreign buyer, does this constitute a reviewable transaction under Chinese law? This analysis examines the regulatory framework and compliance implications for cross-border technology deals.