Liu Cheng

刘成

Areas of Practice

Mr. Liu Cheng’s main areas of practice include antitrust and competition law, cross-border M&A and corporate investment, and international trade.

Mr. Liu has more than 10 years working experience in antitrust and competition law since 2005. He regularly advises clients on Chinese antitrust and competition matters and has represented numerous multinational companies and Chinese companies in their merger filings at Chinese authority, including a number of high profile transactions. He also provided advice on antitrust compliance for the clients’ business model, and delivered antitrust trainings. He also advised clients in dealing with antitrust investigations by the authorities. His experiences cover industries including automobile, machinery, dairy, foods, chemical, energy, real estate, IT, trade, etc. 

Mr. Liu has extensive experience in general corporate, M&A, commercial contracts and foreign investment. He has represented many companies with respect to their activities in China, including joint venture, M&A, fund investment, commercial transactions, etc., involving various sectors such as automobile, manufacturing, chemical industry, energy, electronics and internet. He has also provided legal services for many Chinese companies in their overseas investments. His recent representations include: representing Nissan to successfully reach a deal with Dongfeng Motor Group on the restructuring of the commercial vehicle business of Dongfeng Motor Co., Ltd.; representing CVC in its acquisition of South Beauty Group; representing Hunan Valin Iron & Steel Group in reach the deal with ArcelorMittal with respect to the restructuring the parties’ joint venture in China; representing Beijing Automobiel Works to invest and establish a joint venture in Russia with Russian ASM Group. He has accumulated extensive experience in both domestic and overseas investments.

Mr. Liu also has extensive experience in the area of international trade remedies. He has represented dozens of Chinese exporters and multinational companies in responding to the US, EU and Chinese antidumping, countervailing duty and safeguard investigations. He has assisted MOFCOM in several matters pertaining to antidumping, countervailing duty and other WTO-related legal issues.

In the past years, Mr. Liu has been recognized by many global famous legal media as one of the leading competition lawyers in China, such as IFLR 1000 (2013, 2014, 2015), Global Competition Review and Asialaw, and so on. In 2015, Mr. Liu Cheng was recognized as a Rising Star in the area of Antitrust and Competition by Euromoney’s first Rising Stars guide published by Legal Media Group, and he has been ranked as one of the highly recommended lawyers in both of Antitrust and Competition, and WTO/International Trade in China by Legal 500 in its 2016 Asia Pacific rankings. In 2016, Mr. Liu has been ranked as a “Leading Individual” by Chambers Asia Pacific Guide.

Work Experience

Mr. Liu joined King & Wood Mallesons in 2010. Prior to this Mr. Liu worked in DLA Piper’s Beijing office. Mr. Liu has previously worked in-house as a Greater China Legal Counsel at BASF (China) Co., Ltd., where he was responsible for trade, investment, antitrust and commercial contract among others. He also practiced at King & Spalding LLP’s Washington office and another PRC firm in Beijing.

Mr. Liu Cheng is highly recognized and has recently authored publications including "Still Unclear Path Forward – Resale Price Maintenance under the AML and Recommendations for Companies", "Non-compete clause in JV Contracts An Analysis from the Perspective of the PRC Anti-monopoly Law", "Will your future joint venture or M&A deals be affected by China's Anti-Monopoly Law?", "A Business Guide to China's Antimonopoly Law", "Legislative Note: China's Antimonopoly Law", etc.

Mr. Liu received LL.M. degrees from the University of International Business and Economics and New York University School of Law. He is admitted to both the PRC bar and New York State bar.

Mr. Liu's working languages are Chinese and English.

Legal insights

Chinese State-owned enterprises acquiring businesses or entering into joint ventures with other parties may unexpectedly trigger an EU merger filing.

26 April 2016

With policies taken, China begins to strike e-commerce competition issues. Under such circumstances, what should business operators do? This article may tell you the answer.

14 July 2015

Under what circumstances will minimum resale price maintenance constitute a vertical monopolistic agreement prohibited by Article 14 of the AML.

04 December 2013

The state will defer collection of individual income tax on annuity; individual with large personal or family due debts cannot hold senior offices

04 December 2013