Post by account_disabled on Jan 3, 2024 22:54:02 GMT -5
China’s recent revisions to its counterintelligence law, which include vague, open-ended bans on possessing documents, data, materials or items related to national security, could easily cover routine business activities in any industry, exposing foreign executives to greater vulnerability to prosecution. Catching risks. The U.S. State Department recently warned that the Chinese government arbitrarily enforces local laws, including issuing exit bans on U.S. citizens and citizens of other countries, without providing fair and transparent procedures in accordance with the law. People subject to exit bans for business reasons often receive no advance notice before being prevented from boarding a flight at the airport. The person is usually questioned but is not given information about.
The reasons for the exit ban or how to contest it. In the event of a commercial dispute, the exit ban is usually lifted only after the foreigner agrees toBy restricting personal freedoms, the Chinese counterparty gains significant leverage in the dispute. Even if a foreigner is willing to spend the time and Job Function Email List money necessary to pursue a case in court while trapped in China, Chinese courts are unlikely to rule in favor of the foreign party. About the Author Jack Walderson is an Assistant Professor of Business Law and Public Policy at Caltech.
Offaly School of Business in San Luis Obispo, California. He is an academic in Chile and has also studied and worked in Argentina and Mexico. Chris Carr is a professor of business law and public policy at the Orfaglia School of Business at Caltech, San Luis Obispo. He is also a four-time Fulbright Award recipient (Italy, Tunisia, Pakistan, and Mongolia). Tags: China Crisis Management Global Business International Business Reprint: More like this Don’t be distracted by the hype of generative AI Dealing with the corporate diversity backlash The case against limiting stock buybacks MIT Connect Reshaping Procurement: From Cost Center to Innovation Drivers You must be logged in to post a comment. First time here? Sign up for a free account.
The reasons for the exit ban or how to contest it. In the event of a commercial dispute, the exit ban is usually lifted only after the foreigner agrees toBy restricting personal freedoms, the Chinese counterparty gains significant leverage in the dispute. Even if a foreigner is willing to spend the time and Job Function Email List money necessary to pursue a case in court while trapped in China, Chinese courts are unlikely to rule in favor of the foreign party. About the Author Jack Walderson is an Assistant Professor of Business Law and Public Policy at Caltech.
Offaly School of Business in San Luis Obispo, California. He is an academic in Chile and has also studied and worked in Argentina and Mexico. Chris Carr is a professor of business law and public policy at the Orfaglia School of Business at Caltech, San Luis Obispo. He is also a four-time Fulbright Award recipient (Italy, Tunisia, Pakistan, and Mongolia). Tags: China Crisis Management Global Business International Business Reprint: More like this Don’t be distracted by the hype of generative AI Dealing with the corporate diversity backlash The case against limiting stock buybacks MIT Connect Reshaping Procurement: From Cost Center to Innovation Drivers You must be logged in to post a comment. First time here? Sign up for a free account.