Partners Jamie Gorelick and Stephen Preston and Counsel Matthew Ferraro published a three-part series in Law360 on how the COVID-19 pandemic has caused US policymakers and business leaders to react to the US’ commercial relationship with China by taking steps to protect the strategically critical, whether its American intellectual property or the supply chain.
An excerpt:
“The COVID-19 pandemic and the serious supply chain vulnerabilities it exposed have led to a seismic shift in U.S. policy and regulation, from stepped-up measures to protect U.S. technology, intellectual property and data from theft or acquisition by China to a new national imperative to end U.S. dependence on China for strategically important materials, components and products.
“In this three-part article, we provide a comprehensive discussion of the security-driven, China-focused policy and regulatory developments affecting private sector businesses, with particular attention to recent changes addressing U.S. supply chain concerns. We discuss key U.S. policy and regulatory developments and the consequences for private-sector businesses of efforts to decouple the U.S. and Chinese economies, focusing on potential opportunities, as well as regulatory and enforcement risks.”
