By Susan Lavender, DLA Piper*, Hong Kong
Marking the third anniversary of the Closer Economic Partnership Arrangement (CEPA) between the People's Republic of China (PRC) and Hong Kong, the third supplement to CEPA (CEPA IV)
CEPA IV: Headlines and Fine Print
The fourth phase of the Closer Economic Partnership Arrangement (CEPA) between Hong Kong and the PRC made headline news that trade between the two sides would be further liberalized. But is Hong Kong really given that much of a head-start?
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