posted 4 years ago
A new report from Bloomberg claims to provide details on a whitelist of Chinese tech suppliers from which enterprises and government bodies in China can choose companies to provide core technology products and services, citing government insiders. The tech whitelist is supposedly being prepared by the Information Technology Application Working Committee (known as the ‘Xinchuang Committee’). China’s Ministry of Foreign affairs has denied the existence of such a whitelist.
According to the report, there are strict limits on foreign ownership for companies to be eligible to feature on the list, leading to questions over the motives of this move and the impact it could have on foreign technology companies in China.
In this article, given the lack of concrete information, we do not wish to make a judgment on the existence, or lack thereof, of the whitelist, but rather take this opportunity to look at the Information Technology Application Working Committee and explain its functioning and composition. We also discuss China’s current relationship with foreign technology.
posted 12 hours ago
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✔️ Confirm zoning and permits.
#BrazilProperty #RealEstateInvesting #LegalDueDiligence #ForeignInvestment #PropertyLaw #GlobalRealEstate #InvestmentRisk #BrazilLaw
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