The China Banking Regulatory Commission (CBRC) promulgated the long-awaited Administration of Auto Finance Companies Procedures (the Procedures) on October 3 2003. The Procedures are seen as an important step towards the liberalization of China's automobile market.
The quality of legal services is among the most attractive assets that Hong Kong can offer. How can Hong Kong's law firms and lawyers benefit from the new opportunities offered by the Mainland/Hong Kong Closer Economic Partnership Arrangement?
Shanghai has issued new regulations that govern the process of acquiring state-owned enterprises. The new rules should be read in conjunction with the various national level regulations which give foreign investors an opportunity to participate in state enterprise reform.
China's civil aviation sector looks set to grow considerably in the coming years as tourism expands and amid general economic expansion. The authors take a close look at China's airlines and the prospects for the industry as a whole.
Providing the energy to power China's economic boom is a daunting task that the government and industry must address. The authors discuss the history of China's energy policies and the development challenges facing China.
State enterprise reform is an urgent issue facing the Chinese government. Among the important legislation issued in 2003 in this area are provisions from the Supreme People's Court that govern disputes involving enterprise restructuring.
CEPA opens new doors to Hong Kong companies seeking access to mainland markets. The big winners are Hong Kong transportation and logistics companies.
Chinese maritime law and legal practice are gradually coming into conformity with international practice. However one key area that remains unclear is the legal status of the straight bill of lading.
Most analyses of China's WTO commitments haven't shed much light on how the challenge of implementing the sweeping reforms necessary will be accomplished. Nor, the author argues, do they address the fundamental issue of whether PRC government structure is even up to the task.
As foreign investment into China keeps growing, one of the most pressing concerns for the shareholders in a China investment is how to recover and/or realize the company's assets in China when the principal entity is placed in liquidation overseas. How do the creditors and liquidators proceed in such a case?