Dispute Resolution

The 1993 revision of Article 13 of the Uniform Customs and Practices for Documentary Credits (UCP500), as drafted by the International Chamber of Commerce…

Letter of credit (L/C) litigation has increased dramatically in China as foreign trade has grown. In recent years, PRC courts have grappled with a…

Foreign investors are all too familiar with local protectionism in China. In particular, they are well aware that it is often difficult to enforce court…

Introduces revisions on areas such as labour protection, insurance, purchase of domestic products and arbitral and dispute resolution clause.

 The IssueArticle 28 of the PRC Sino-foreign Co-operative Joint Venture Law Implementing Rules (IR) requires a two-third quorum for a duly convened…

 Terminating Labour Contracts: Restrictive CovenantsMany companies require their employees to sign confidentiality  agreements and labour contracts…

An Illustrative CaseIn 1992, a metal plate plant, an agriculture machine company and a municipal old age commission established a biotech company (the…

Adopted: September 5 2000Effective: October 1 2000Interperting authority: China International Economic and Trade Arbitration CommissionMain contents: The…