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The former British colony is trying to enact rules that would allow people accused of a crime, including foreigners, to be extradited from the city to countries without formal extradition agreements, including mainland China. Opponents [?] fear the law would erode rights and legal protections in the free-wheeling financial hub that were guaranteed when it returned to Chinese rule in 1997.
Opponents [?] fear the law would erode rights and legal protections in the free-wheeling financial hub that were guaranteed when it returned to Chinese rule in 1997.
In the United States, a congressional commission said the law could extend China's "coercive reach" and create serious risks for U.S. security and business interests in Hong Kong.
Premier Li Keqiang pledged that the government would follow through and do what the legislation promised in protecting foreign firms. ... Previous drafts stipulated criminal punishment for officials who violated the law and a last-minute revision has strengthened those clauses. Foreign business groups have in principle welcomed the law, but the big concern is about enforcement, especially when the judicial system takes its orders from the ruling Communist Party. [...] At a regular law-making session last month, parliament's standing committee amended three existing laws to try to improve the business environment. These included strengthening trade secret protections, further measures to stop ["]forced technology transfers["]State ownership in joint-ventures is kind of like white slavery What is the Problem of Forced Technology Transfer in China? "Forced technology transfer occurs when foreign multinational companies have to provide strategically significant technology to an indigenous entity they do not control in order to gain access to the massive Chinese market." Forced Technology Transfer and the WTO "First, China uses foreign ownership restrictions, such as joint venture requirements and foreign equity limitations, and various administrative review and licensing processes, to require or pressure technology transfer from U.S. companies." and increases in the punishment of those who infringe trademarks.
Foreign business groups have in principle welcomed the law, but the big concern is about enforcement, especially when the judicial system takes its orders from the ruling Communist Party. [...] At a regular law-making session last month, parliament's standing committee amended three existing laws to try to improve the business environment. These included strengthening trade secret protections, further measures to stop ["]forced technology transfers["]
State ownership in joint-ventures is kind of like white slavery What is the Problem of Forced Technology Transfer in China? "Forced technology transfer occurs when foreign multinational companies have to provide strategically significant technology to an indigenous entity they do not control in order to gain access to the massive Chinese market." Forced Technology Transfer and the WTO "First, China uses foreign ownership restrictions, such as joint venture requirements and foreign equity limitations, and various administrative review and licensing processes, to require or pressure technology transfer from U.S. companies."
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