China: The three Chinese Competition Authorities celebrate the fifth anniversary of the emergence of Chinese Competition Law and Policy which affirms its extraterritorial reach both in merger and cartels controls

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 1 August this year, China's competition law and policy institutions celebrated their fifth anniversary. As a result, their key development features have emerged. They now have the attention of the world's most established competition authorities, but above all the attention of the heads of the world's largest multinational companies. The latter are beginning to perceive all the consequences and strategic significance of the Chinese version of a subject long confined to the United States, Japan, the European Union, and more recently South Korea, Australia and New Zealand. This clear rise in power of the institutions of Chinese competition policy is