Lifting the Veil: Transparency in China

June 02, 2002 | BY

clpstaff &clp articles

Jones, Day, Reavis & PogueChinese culture has historically been stereotyped as mysterious and impenetrable, and for companies that have been subject…

Jones, Day, Reavis & Pogue

Chinese culture has historically been stereotyped as mysterious and impenetrable, and for companies that have been subject to China's unpredictable regulatory system such characterizations would seem appropriate. Implementation and interpretation of new legislation has often been subject to "internal" policies and notices. In the absence of any single enquiry point where comprehensive coverage of all legislation is publicly accessible, and given the often contradictory and general nature of published law, opacity has been close to the norm. However, with entry into the World Trade Organization, China has embarked on a series of steps to enhance the transparency of its legal system.

China's Transparency Commitments

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