ANNOUNCEMENT 18 Mar 2018
March 18th, 2018 - The Chinese government announced a change to the rules surrounding outbound transfer of intellectual property rights.
NUMBER OF INTERVENTIONS
PRC State Council, March 18th, 2018 - (国办发〔2018〕19号 国务院办公厅关于印发《知识产权对外转让有关工作办法（试行）》的通知)
On March 18th, 2018, the Chinese Government announced it would be introducing a strict monitoring process regarding the extraterritorial transfer of domestic intellectual property (IP) rights.
Such rights can pertain to things such as circuit board schematics, patent applications, patent rights and plant strain rights.
Anything which is deemed as relating to 'national security or defence' is completely prohibited from transfer.
This measure represents a barrier to foreign businesses looking to set up subsidiaries of Chinese firms abroad, hence the red classification of this intervention.