NEWS
NEWS
On 24 August 2020, the Federal Democratic Republic of Ethiopia declared its accession to the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the "New York Convention"), making it the 165th member of the New York Convention after Tonga. In accordance with Paragraph 2 of Article 12 of the New York Convention, the Convention shall enter into force for Ethiopia on November 22, 2020.
Chinese Government imposes restrictions on the entry of foreign investment into the value-added telecommunications market, however, the threshold for entry of foreign investment is gradually lowered.
On July 23, 2020, EDPB released an FAQ on Schrems II, which replied to the questions received by Data Protection Authority (“DPA”), and will be developed and complemented along with further analysis,.
On July, 27th, in order to unify the application of laws and enhance the judicial credibility, the Supreme People's Court of the People’s Republic of China released the Guiding Opinions on Unifying the Application of Laws and Strengthening Similar Case Retrieval (for Trial Implementation)( hereinafter referred to as "the Opinions"), which will be implemented on a trial basis on July 31st, 2020.
From 7/1/2020 to 8/31/2020, individuals whom have been worked in the Great Bay area in China can apply the Financial Subsidy from the government if certain qualifications are meet.