Foreign investors are eager to capitalise on a growing Chinese market – but they must not discount the significant risks involved. In the past, many foreign companies have been disappointed with little-known Chinese partners and a judicial system incapable of protecting their business interests.
On March 30 2009, the Supreme People’s Court addressed these issues by opening for public use a database known as the Inquiry for Parties Subject to Enforcement of Courts Nationwide (全国法院被执行人信息查询). The online, searchable database lists all defendants with outstanding executable judgments across China (excluding military courts). Executable judgments refer to court-ordered financial compensation for damages or specific performance of certain acts. This system is designed to increase compliance with executable judgments, and could be a groundbreaking development for foreign companies doing business in China.
Accessing the database
The database, available at http://zhixing.court.gov.cn, contains information for all parties subject to enforcement from cases after January 1...
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