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China’s new anti-espionage law puts foreign companies in tough situation: Report

by AIP Online Bureau | Jul 2, 2023 | Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management, Technology

The revision expands the scope of targets for espionage to “all documents, data, materials and articles,” and allows law enforcement officials to inspect the baggage, electronic devices and property of a suspect This increases the risk for businesses,...

Indictment details plan to steal Samsung secrets for Foxconn China project

by AIP Online Bureau | Jun 28, 2023 | International News, Risk Management, Technology

The unreleased 18-page indictment, reviewed by Reuters, provides details in the case against former Samsung executive Choi Jinseog, including how he is alleged to have stolen Samsung’s trade secrets and details about the planned Foxconn plant. SEOUL: When former...

Canadian pension fund CDPQ puts brakes on China investment – FT

by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, International News, Pension & Social Security, Wealth Management/ Philanthropy

The Financial Times in February reported that Singapore’s sovereign wealth fund GIC has reduced private investments in China Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and...
Taiwan rushes to prevent China from cutting off internet, phones

Taiwan rushes to prevent China from cutting off internet, phones

by AIP Online Bureau | May 30, 2023 | Eco/Invest/Demography, International News, Technology

Audrey Tang, who heads Taiwan’s Ministry of Digital Affairs, says she wants the island’s $740 billion economy to be able to handle the possible collapse of all its communications in the event of an emergency by the end of next year Buffeted by earthquakes and the...

China new financial regulatory body gets a chief

by AIP Online Bureau | May 13, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation, Risk Management

The National Financial Regulatory Administration(NFRA) is a new government body under the State Council tasked with consolidating supervision over the multi-trillion dollar financial industry It will replace the CBIRC and absorb some supervisory functions from the...
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