Page 4 - South China Business Journal
P. 4
ITOR'S NOTE Dear Members, children of immigrants played key roles in producing
First and foremost, we offer our congratulations all these three vaccines, illustrating how immigrants
Dr. Harley Seyedin to President Elect Joe Biden and Vice President have long boosted innovative industries. Immigration
Elect Kamala Harris who will be sworn into office on has played an overwhelming role in the growth and
President, AmCham South China January 20, 2021. prosperity of US since its inception. Therefore, any
Winner of the 2017 Oslo In spite of COVID-19, our companies in South future immigration policy must ensure we continue to
Business for Peace Award China not only survived the pandemic and its many avail ourselves of this vital resource.
Awardedby theAwardCommitteeof onslaughts in 2020, but managed to thrive while
NobelLaureates inPeaceand Economics keeping all of their employees employed and safe. Another logical starting point for Biden should be
Visiting Scholar, Jinan University Yet we have a great deal of work to do to build back the protection of international patents and other
in 2021. This is why rather than the usual 350-word intellectual properties. Trade secret protection is
president’s massage, I have no choice but to use of great interest to many foreign companies doing
much more space and ink to say what I have to say business and investing in China. AmCham South
about our 2021 obligations. China recently had the honor to cohost a seminar
Mid last year, I along with Nobel Peace Prize on Trade Secrets with Fangda Partners, a prestigious
Laureate (Tunisia) Ouided Bouchamaoui, former Chinese law firm. Those in attendance learned a
Chairman of Unilever and Honorary Chair of the great deal concerning how to protect their trade
International Chamber of Commerce (Netherlands) secrets and intellectual properties. Over the past two
Paul Polman, Founder and Chairman of Virgin years, Chinese legislative authorities amended the
Group (UK) Sir Richard Branson and 21 other Oslo Anti-Unfair Competition Law and issued several new
Business for Peace Award winners from 22 countries judicial interpretations and regulations to address
called to build back better business in the Global the trade secret infringement, burden of proof, civil
South in the wake of the COVID-19 pandemic. With liability, criminal liability and other issues that will
significant capital outflows, export barriers rising, certainly have an impact on judicial practice. On the
and unemployment increasing, COVID-19 has other hand, China made a series of major adjustments
widened the social and economic gap in the Global to existing export control in December 2020 including
South. As the economic devastation caused by expanding the scope of controlled items including
COVID-19 becomes more and more clear, I call upon technology materials and controlled activities,
you to join in this effort to help the recovery of the establishing a temporary control system and entity
Economic South and together help others give their control list, increasing punishment for violations, and
children a better life than they have had. https:// specifying its extraterritorial effect. We had much to
businessforpeace.no/build-back-better-business/ talk about at the seminar. We look forward to working
With a foreign policy team largely recruited from with Fangda Partners again soon.
the previous Obama administration, the Biden
administration will likely roll back some, if not all, We will need to work hard to keep you informed of
of President Trump’s economic measures. The Biden rapid legal developments and changes in Chinese law.
administration may be predictable, but that does After thousands of years without a civil code, China
not mean it will be ineffective toward American National People’s Congress (NPC) adopted China’s first
goals in China. Writing in Foreign Affairs, Biden civil code on May 28, 2020 with 2879 votes in favor, 2
said that if elected, he would work to build up against, and 5 abstentions. The Code went into effect
America’s standing in the world through investment on January 1, 2021. Our Chamber’s legal legend and
in education, infrastructure, technology, and leading Chinese law expert Dr. David Buxbaum and
healthcare. He plans to cooperate with Beijing on his team at the law firm of Anderson and Anderson,
issues such as climate change, nuclear proliferation, LLP have conducted analysis of this new civil code. Dr.
and the pandemic response. Biden has also Buxbaum has been practicing law in China for the past
stressed the need for the US to lead international 48 years and his contributions to the advancement of
organizations like the United Nations and the World the legal system in China have been enormous.
Health Organization.
An important policy which the Biden AmCham South China’s 2021 Policy Watch “A
administration will have to tackle will be Milestone in Legal Development: China Promulgates a
immigration. With recent government approvals, Civil Code” can be downloaded free of charge at http://
some priority groups in the USA and the west are www.amcham-southchina.org/index/index.jsp
already receiving vaccines produced by Pfizer and its
German partner BioNTech and, separately, Moderna, I am confident by working hand in hand with all
as well as AstraZeneca and Oxford University. As people from around the globe we will beat the
you will see in the article on page 13, immigrants or pandemic and emerge with a much stronger world.
One kinder and gentler, inclusive, better connected,
more prosperous, filled with love, where we can
ensure equity for all.
I wish all of us a healthy and prosperous 2021.
First and foremost, we offer our congratulations all these three vaccines, illustrating how immigrants
Dr. Harley Seyedin to President Elect Joe Biden and Vice President have long boosted innovative industries. Immigration
Elect Kamala Harris who will be sworn into office on has played an overwhelming role in the growth and
President, AmCham South China January 20, 2021. prosperity of US since its inception. Therefore, any
Winner of the 2017 Oslo In spite of COVID-19, our companies in South future immigration policy must ensure we continue to
Business for Peace Award China not only survived the pandemic and its many avail ourselves of this vital resource.
Awardedby theAwardCommitteeof onslaughts in 2020, but managed to thrive while
NobelLaureates inPeaceand Economics keeping all of their employees employed and safe. Another logical starting point for Biden should be
Visiting Scholar, Jinan University Yet we have a great deal of work to do to build back the protection of international patents and other
in 2021. This is why rather than the usual 350-word intellectual properties. Trade secret protection is
president’s massage, I have no choice but to use of great interest to many foreign companies doing
much more space and ink to say what I have to say business and investing in China. AmCham South
about our 2021 obligations. China recently had the honor to cohost a seminar
Mid last year, I along with Nobel Peace Prize on Trade Secrets with Fangda Partners, a prestigious
Laureate (Tunisia) Ouided Bouchamaoui, former Chinese law firm. Those in attendance learned a
Chairman of Unilever and Honorary Chair of the great deal concerning how to protect their trade
International Chamber of Commerce (Netherlands) secrets and intellectual properties. Over the past two
Paul Polman, Founder and Chairman of Virgin years, Chinese legislative authorities amended the
Group (UK) Sir Richard Branson and 21 other Oslo Anti-Unfair Competition Law and issued several new
Business for Peace Award winners from 22 countries judicial interpretations and regulations to address
called to build back better business in the Global the trade secret infringement, burden of proof, civil
South in the wake of the COVID-19 pandemic. With liability, criminal liability and other issues that will
significant capital outflows, export barriers rising, certainly have an impact on judicial practice. On the
and unemployment increasing, COVID-19 has other hand, China made a series of major adjustments
widened the social and economic gap in the Global to existing export control in December 2020 including
South. As the economic devastation caused by expanding the scope of controlled items including
COVID-19 becomes more and more clear, I call upon technology materials and controlled activities,
you to join in this effort to help the recovery of the establishing a temporary control system and entity
Economic South and together help others give their control list, increasing punishment for violations, and
children a better life than they have had. https:// specifying its extraterritorial effect. We had much to
businessforpeace.no/build-back-better-business/ talk about at the seminar. We look forward to working
With a foreign policy team largely recruited from with Fangda Partners again soon.
the previous Obama administration, the Biden
administration will likely roll back some, if not all, We will need to work hard to keep you informed of
of President Trump’s economic measures. The Biden rapid legal developments and changes in Chinese law.
administration may be predictable, but that does After thousands of years without a civil code, China
not mean it will be ineffective toward American National People’s Congress (NPC) adopted China’s first
goals in China. Writing in Foreign Affairs, Biden civil code on May 28, 2020 with 2879 votes in favor, 2
said that if elected, he would work to build up against, and 5 abstentions. The Code went into effect
America’s standing in the world through investment on January 1, 2021. Our Chamber’s legal legend and
in education, infrastructure, technology, and leading Chinese law expert Dr. David Buxbaum and
healthcare. He plans to cooperate with Beijing on his team at the law firm of Anderson and Anderson,
issues such as climate change, nuclear proliferation, LLP have conducted analysis of this new civil code. Dr.
and the pandemic response. Biden has also Buxbaum has been practicing law in China for the past
stressed the need for the US to lead international 48 years and his contributions to the advancement of
organizations like the United Nations and the World the legal system in China have been enormous.
Health Organization.
An important policy which the Biden AmCham South China’s 2021 Policy Watch “A
administration will have to tackle will be Milestone in Legal Development: China Promulgates a
immigration. With recent government approvals, Civil Code” can be downloaded free of charge at http://
some priority groups in the USA and the west are www.amcham-southchina.org/index/index.jsp
already receiving vaccines produced by Pfizer and its
German partner BioNTech and, separately, Moderna, I am confident by working hand in hand with all
as well as AstraZeneca and Oxford University. As people from around the globe we will beat the
you will see in the article on page 13, immigrants or pandemic and emerge with a much stronger world.
One kinder and gentler, inclusive, better connected,
more prosperous, filled with love, where we can
ensure equity for all.
I wish all of us a healthy and prosperous 2021.
