Morrison & Foerster partner Gordon Milner shared his opinions on China’s new draft Foreign Investment Law in the South China Morning Post article “China set to vote on new law aimed at levelling playing field for foreign investors.”
According to Mr. Milner, the principle was welcome and “likely been included to assuage concerns raised by the US” during trade talks.
Mr. Milner also said: “However, many of the current issues with forced technology transfers arise from the complex interplay between different regulations rather than from express legal obligations, and it is questionable how effective the high-level prohibition will be absent a root-and-branch review of those underlying regulations.”