A new tax circular addresses the issue of the definition of a beneficial owner under tax treaties, and puts a new burden on taxpayers. But many issues are left unclarified
Material adverse change can be key to commercial agreements but has not been clearly defined under Chinese law. A recent Supreme People's Court interpretation has changed that
China's amended insurance law provides new opportunities for insurance companies to influence the development of the real estate industry. As long as implementation is correct, the benefits could be huge
Making predictions is difficult, particularly in the midst of one of history's worst economic downturns. CLP looks back at the most significant points from last year's article, New directions
Continuing to drive membership of the Chinese chapter of the Association of Corporate Counsel (ACC), Beijing-based Lawrence Liu also acts as general counsel at China's largest military and civilian integrated system provider, China Electronic System Engineering Corp (CESEC)
In China, it is important to attempt to reach a negotiated settlement before starting litigation or arbitration proceedings. A recent court opinion highlights the possibility of using mediation in the event of a commercial dispute
In September, Société Générale won CLP's international in-house team of the year award. Phil Taylor recently spoke with the bank's regional general counsel for Asia, Ferheen Mahomed