Implementing fundamental judicial restructuring to handle international trade disputes is an urgent task facing the Chinese leadership. It is a task that will determine China's success in its economic reforms.
Finding successful methods to resolve trade disagreements will be more important than ever once China joins the WTO. With an anticipated upsurge in trade disputes involving China, what does the WTO offer for resolution?
The 1993 revision of Article 13 of the Uniform Customs and Practices for Documentary Credits (UCP500), as drafted by the International Chamber of Commerce…
Letter of credit (L/C) litigation has increased dramatically in China as foreign trade has grown. In recent years, PRC courts have grappled with a…
Foreign investors are all too familiar with local protectionism in China. In particular, they are well aware that it is often difficult to enforce court…
The IssueArticle 28 of the PRC Sino-foreign Co-operative Joint Venture Law Implementing Rules (IR) requires a two-third quorum for a duly convened…
Terminating Labour Contracts: Restrictive CovenantsMany companies require their employees to sign confidentiality agreements and labour contracts…
An Illustrative CaseIn 1992, a metal plate plant, an agriculture machine company and a municipal old age commission established a biotech company (the…