Articles for category: China

From Defensive to Assertive: China’s White Paper on Human Rights

On December 12th 2018 the State Council Information Office of the People's Republic of China (PRC) published a white paper (WP) titled ‘Progress in Human Rights over the 40 Years of Reform and Opening Up in China.’ The paper, which seems to be targeting more foreign audience than a domestic one, reflects upon the progress China has made in the field of human rights since Deng Xiaoping’s liberalization and opening up reforms that began in 1978.

30. März 2019

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Access to Legal Redress in an EU Investment Screening Mechanism

The proposal for a regulation of the European Parliament and of the Council establishing a framework for screening of foreign direct investments into the European Union (Draft Proposal) presupposes (some would even say: proposes) investment screening and control mechanisms (ISCMs) at member state level. Approaching ISCMs from the angle of legal redress raises three questions: Legal redress to what end? Legal redress by who? Legal redress by which material standards? Sorting out these questions is of vital interest for stakeholders. For investors and their counsel confronted with a new layer of regulation and uncertainty, as much as for member states ... continue reading

8. Februar 2019

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Investment Screening in the Defence Industry – News from the Bermuda Triangle of EU Law

The national investment screening mechanisms for the defence and security sector are the Doyen of the existing screening mechanisms, and their bases in EU secondary and primary law are not so hidden. The discrimination of investors on grounds of nationality have some specific bases in topical EU Regulations or Directives, but most importantly in the EU-Treaties themselves: Article 346 TFEU allows Member States to prevent foreign investments on grounds of national security considerations, and that, interestingly, irrespective of a takeover attempt from a company from inside the European Union, or from a third country. Before taking a closer look at ... continue reading

7. Februar 2019

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Rebuilding the Berlin Wall?

On 19 December 2018, the German government has passed amendments to the German Foreign Trade and Payments Act (“AWG”) and to the German Foreign Trade and Payment Ordinance (“AWV”) whose compatibility with European law is highly questionable. The structure and scope of investment review provided for under the AWG in conjunction with the AWV is that the Federal Ministry of Economics, the competent German authority, possesses an extensive ex-post examination competence regarding the acquisition of shares of German companies by third-country nationals. Of particular importance for foreign direct investments (FDI) is the screening of sector specific and cross-sectoral investments by ... continue reading

6. Februar 2019

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Avenues in European Company Law to Screen Foreign Direct Investment

Screening of foreign direct investments could take place through European company law. The harmonization of company law in the European Union as well as the CJEU’s case law offer mechanisms which could be used for the screening of foreign direct investments. Although their primary objective is “the protection of the interests of members and others”, they could also contribute significantly to an effective screening of foreign direct investments. There are five main avenues in European company law that could be used to screen foreign direct investment: the Takeover Bids Directive in the context of listed companies, the lawful golden shares ... continue reading

5. Februar 2019

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Debate: A Common European Law on Investment Screening?

Volvo Personvagnar AB, Kuka, Aixtron, OSRAM Licht, Daimler, Saxo Bank, the harbour terminal in Zeebrugge, Spain’s Noatum Port, Italy’s Vado Ligure Port or the Port of Piraeus – the list of discussed controversial company takeovers and acquisitions of major stakes in Europe is getting longer and longer. The political will in the European Union (EU) and its Member States is growing to more actively screen, control, or even prevent investments flowing into Europe. Third country investments stirring controversies archetypically share three common characteristics. The target companies typically operate in “politically sensitive areas”, the owner structure of the immediate buyer is ... continue reading

4. Februar 2019

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China’s Constitution and the People’s War on Terror

When HU Bo posted his tweet in July 2014, he must have immediately felt that he had made a big mistake. Just three hours after he wrote in his intra-workspace social media group about the ongoing riots in China’s far western region of Yarkand County, he took his post down and shortly after surrendered to the police in his hometown of Ürümqi. He was in trouble because he had not only repeated the official news, but he apparently had added some unconfirmed rumors about the intensity and extent of the riots. This had put him outside of the law. Fake ... continue reading

9. Mai 2018

‘The Place of the Constitution Is Empty’: Chinese Political Aesthetics of Commanding Constitutional Faith

‘The document emblazoned with the Chinese characters the Constitution of the People’s Republic of China (PRC), the constitution in its material form, was gingerly held and escorted by a military guard of honour onto the lectern at the centre of the podium of the Great Hall of the People in the First Session of China’s 13th National People’s Congress on 17 March, 2018.’  This is the snapshot of a video cap about the inauguration of the PRC’s (new/amended) constitution, which was part of the so-called core leadership’s constitutional oath-taking ceremony before the audience of the members of the National People’s Congress for the first time in the PRC history. Watching that video, I cannot help but attempt an aesthetic read of the unsubstantiated Chinese political order in the light of Claude Lefort’s famous ‘empty place’ thesis.

23. März 2018

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