Podcast #11: What the PRC Civil Code Means for Doing Business in China
China finally has a Civil Code after multiple failed attempts at creating one. The Code defines the rights and duties of China’s 1.4 billion citizens and has implications for all segments of Chinese society, from consumers to investors to businesses. In this episode, Ulrike Glueck and Michael Munzinger break down the gigantic piece of legislation into key takeaways for businesses and investors in China.
For the full episode, click here to listen on Apple Podcasts and here for Spotify.
Ulrike Glueck is Managing Partner and Head of Corporate of global law firm CMS’ Shanghai office. Michael Munzinger is a counsel for CMS, also in Shanghai.
The China Law Podcast is a weekly podcast exploring China’s business and financial sectors from a legal perspective. Get in touch at [email protected] with any feedback and ideas for future episodes.
Episode outline
- 02:03 Difference between a code and a law
- 04:32 Protection of privacy and personal information
- 08:18 Importance of personality rights and emerging technologies
- 11:56 Provisions influenced by China’s experience with pandemic
- 15:09 History of previous failed attempts at creating code
- 11:56 Provisions influenced by China’s experience with pandemic
- 18:15 Germany’s civil code and its relevance today
- 20:15 Practical impact of Civil Code on business moving forward
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