China’s National Security Review: A Case Study of a Supermarket Chain
China's national security review regime has largely flown under the radar since it was introduced in 2011. But a recent case involving a foreign-invested supermarket chain, the first since a revamp of the regime's regulatory structure elevated the role of China's powerful central planning agency, has put national security in the spotlight once again.
National security is in vogue. As the United States and its allies continue to dominate headlines with their blacklisting of Huawei and increasingly hostile treatment of Chinese investments, China is now pressing on with its own efforts to bolster national security oversight of foreign investment – and its definition of national security goes far beyond defense.
China introduced a national security review (NSR) regime in 2011 but it has received relatively little attention and has seen only a few cases. That is about to change as the National Development and Reform Commission (NDRC) took over earlier this year as the leading agency for the NSR process and will likely ramp up enforcement.
This premium content is reserved for
Law.com International Subscribers.
BENEFITS OF A SUBSCRIPTION INCLUDE:
- Customized news by region including UK, Asia, Europe, Latin America, Middle East, Africa, and North America
- Cutting-edge research such as UK Top 100, China 45, and Asia 50
- Get the inside track on the biggest breaking stories that delve deep into the issues behind the headlines
- Comprehensive coverage of the dynamic legal market from people moves to the major international jurisdictions
- Global view into how legal tech, business of law, in-house and regulatory environments are intersecting worldwide
Already a subscriber? Sign In Now