E-commerce corporations such as Alibaba and Pinduoduo would lose their business licenses if they continued to fling high-level asset regulations, a legal amendment that was lent to Chinese lawmakers. Companies will also face additional restrictions if they forget about serious intellectual asset (IP) infringements through their platform providers, according to a revised draft of China’s e-commerce law, which went into effect in 2019. 14. Existing law requires platforms to act as intermediaries between concessionaires and intellectual asset rights owners in the event of a conflict. Platforms shall remove, protect or disconnect links to product pages or cancel orders after becoming…