The opening up of China's legal services market to international law firms in the free trade zones has brought with it the unique opportunity for clients to have access to legal advice on both PRC regulations and international law from a single source. Baker McKenzie partners Milton Cheng, Stanley Jia and Danian Zhang and partner Yingzhe Wang of FenXun Partners talk about the opportunities and challenges forming the very first Joint Operation Office between a global law firm and a Chinese law firm in the Shanghai Free Trade Zone.
China introduces a draft on regulating an information-based traceability system for drugs; family planning policies may be revised in proposed amendments to China's Civil Code, and new administrative measures for foreign shareholders in foreign-invested futures companies.
William Marshall of Tiang & Co analyzes the proposed Export Control Law and China's competitive advantage over the US, especially in relation to technology, should this legislation come into force.