Be vigilant about irrelevant costs in contracts and documentation
State Council set to regulate prices on monopolised goods and services
Issue: September 2010
Keywords (click to search):
State Council
monopoly industries
MWE Law Offices
Investors should pay close attention to contracts and documents when doing business in China to avoid spending on irrelevant costs, say counsel.
In a draft regulation released on August 2, the government made clear its intent to regulate and cap prices in monopolised industries. The Legislative Affairs Office of the State Council of China issued the circular because vagaries...
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