Sylvia Hu

On June 1, 2026, China’s State Council promulgated the Regulation on Outbound Investment (《国务院关于对外投资的规定》), effective July 1. The Regulation provides the clearest legal basis yet for Chinese authorities to review and...more For multinational companies and biotech companies engaging in “in-licensing” transactions with Chinese partners, the transfer of biological samples and clinical trial data is more than just a technical necessity, it is the...more In April 2026, China’s National Development and Reform Commission (NDRC) blocked the acquisition of Manus, a Chinese-founded AI agent startup, by a major US technology company. This was the first publicly confirmed use of...more On April 7, 2026, China’s State Council simultaneously promulgated two major regulations, completing a systemized countersanctions framework: the Regulations on Countering Foreign Improper Extraterritorial Jurisdiction...more