With increasing financial sanctions imposed on Chinese companies by the US government in recent years, the practice of long-arm justice is ever more relevant for international business. In this article, we will discuss long-arm justice in the US once we have looked at a brief introduction to similar practices historically in China and international institutions like the UN.
This article intends to introduce the development of the legal framework governing foreign investments in the PRC and to interpret the potential impact of promulgation and enforcement of the Foreign Investment Law from the practical perspective.