Telecoms, media and technology (TMT) developments in China
By Andrew McGinty and Adrian Emch
The telecoms, media and technology (TMT) sector includes many of China’s most successful private companies. These companies thrive due to a combination of innovative business models, products and technologies. At the same time, the TMT space is seen as politically sensitive and hence is subject to heavy government regulation and oversight, ranging from content requirements in relation to the media and foreign investment restrictions in telecoms to government policies to develop ‘indigenous innovation’.
In short, the TMT space is at the intersection of business, policy and law, with cutting-edge business models outpacing the regulators, who are constantly having to run ever faster to keep up with them. In this, our first edition of a bi-annual China TMT report, we analyse some of the key developments in the TMT sector over the past few months, looking at the issues from a variety of different angles and perspectives: corporate, regulatory, antitrust, intellectual property and privacy. In short, there is something for everyone in it.
For lawyers, the TMT space provides a whole range of very interesting challenges. At present, all eyes are currently on the newly created free-trade zone in Shanghai, to see whether this will provide the long-awaited opening in telecoms, and our first featured article takes a detailed look at the opportunity this represents for businesses that need a telecoms services permit to operate in China…
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