A little bit older, and a good deal wiser

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It's been a tough 12 months. When China Law & Practice last held its China Awards, just five days had passed since Lehman Brothers filed for Chapter 11 bankruptcy protection in New York ...

It's been a tough 12 months. When China Law & Practice last held its China Awards on September 18 2008, just five days had passed since Lehman Brothers filed for Chapter 11 bankruptcy protection in New York. What followed was what Willy Uy of Shui On Land described recently as “a time of great uncertainty”.

Since then, investors and their advisers have continued to have a bumpy ride. An unofficial halt was placed on new mainland listings (this was lifted only recently with the public offerings of, among others, Guilin Sanjin in Shenzhen and China State Construction in Shanghai); an Rmb4 trillion (US$586 billion) stimulus package was announced in November; labour disputes have continued to increase …

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