On April 23, 2019, the Standing Committee of the National People’s Congress of China passed a bill amending China’s Anti-Unfair Competition Law (“AUCL”). Changes made by the amendment bill took effect on the same day. Further to the last amendment to the AUCL in 2017, the newly introduced burden-of-proof shifting and punitive damages rules will
Alexander Wang is special counsel with Covington's Beijing office and specializes in antitrust/competition law, government affairs and regulatory matters. Alexander is experienced in advising clients in a broad array of regulatory matters such as antitrust/competition and national security review/FDI screening in connection with cross-border trade and investment.
Previously Alexander served as an official of the Ministry of Commerce (MOFCOM), the Anti-Monopoly Bureau (predecessor of the now State Administration for Market Regulation, or SAMR), and the Office of Anti-Monopoly Commission of China’s State Council, where he participated in handling cases, making rules, and shaping policies in connection with China’s antitrust review of M&As and national security review of foreign investments. He also coordinated the antitrust law enforcement and competition policy making among the State Council and sixteen member ministries of the Anti-Monopoly Commission. Alexander has a deep and unique understanding of the way government mechanisms operate, and maintained sound working relationships with Chinese major regulatory authorities.