Some have expressed the view that the recent regulatory actions against major private sector companies have rendered China “uninvestable”. Over on the Quinn Emanuel website, the firm takes a contrarian view.
Haiyang Tang and Xiao Liu, Co-Managing Partners of the firm’s Shanghai office, compare the actions the Chinese government has taken regarding data security, privacy and antitrust matters to those taken by Western governments and concludes that they are, by and large, similar.
The note concludes that China is indeed investable, and still welcomes foreign investment – but a robust compliance program, including (in particular, the protection of data) is more important than ever.
Quinn Emanuel has a team based in Shanghai that has helped foreign investors with compliance issues in China for many years.
Xiao Liu
Email: xiaoliu@quinnemanuel.com
Phone: +86 21 3401 8766
Dr. Haiyan Tang
Email: haiyantang@quinnemanuel.com
Phone: +86 21 3401 8600