Features & Analyses

Contracts are the bases of all business transactions. Without them, and their trustworthy enforcement, trade would grind to a halt

China Law & Practice held its first live web-seminar on April 29. Its next will be on June 25 and will focus on the PRC Employment Contract Law

A new junior board will open in Shenzhen later this year and will provide a reasonably quick exit for foreign private equity firms. But good structuring is vital to avoid years of delays

New tax implementation rules for corporate restructuring introduce internationally recognised concepts and clarify access to special tax treatments. Recently restructured companies should check their tax position carefully

However you define an international financial centre, there are many hurdles ahead for Shanghai

China is serious about healthcare reform. New top-level guidelines will significantly reduce hospital revenue from medicine sales and promise more orders for medical equipment makers

China's policy on essential medicines will be overhauled as part of wide-ranging healthcare reforms. This may lead to the demise of many local pharmaceutical companies but opportunities in traditional Chinese medicine

For inbound investors, navigating the maze of available structures can be tricky. The development of the PRC Anti-monopoly Law has led to more scrutiny of acquisitions of Chinese companies, causing potential foreign investors to look at other ways of investing in the country; Danone's experience with Wahaha has in turn revealed potential pitfalls for joint ventures

The Cape Town Convention comes into effect in China on June 1. It will provide a welcome boost to the aviation industry, provided the authorities apply it properly