New rules issued by the NDRC represent the Chinese government's most recent effort to centrally manage the development of the domestic Chinese auto industry, while still promoting the innovation required for its success. The modern auto industry presents the nation with what is arguably one of the most technology-intensive and innovation-laden challenges yet. Whether such government-led innovation can be successful will certainly be interesting to watch as the rules are played out.
Hongwei Yuan, chairman of Chinese glue-marker MagPow Adhesive Industries [also known as Hunan Magic], has been cheered by Chinese netizens as a hero, while…
Arbitration in China has dramatically increased in recent years, as China International Economic and Trade Arbitration Commission [CIETAC], a governmental…
In the past 16 years, the PRC Civil Procedure Law has played an important role in safeguarding the civil rights and interests of the parties and regulating the conduct of the other relevant participants in litigation. However, with the rapid development of China's economy and the increasingly complex and elaborate Chinese legal system, more and more civil and commercial disputes have arisen in recent years and aggrieved parties are more willing than ever to resort to court to resolve their disputes. This has created the need for a revised version of the legislation with more specific guidance and rules, especially regarding retrial and enforcement procedures.
Investigative Due Diligence and M&A in ChinaDue diligence is a major component of any M&A transaction anywhere in the world. In China, due diligence takes…
China's copyright laws offer limited help to the multi-national music labels on preventing internet users from illegally downloading music from search…
New rules issued by the NDRC represent the Chinese government's most recent effort to centrally manage the development of the domestic Chinese auto industry, while still promoting the innovation required for its success. The modern auto industry presents the nation with what is arguably one of the most technology-intensive and innovation-laden challenges yet. Whether such government-led innovation can be successful will certainly be interesting to watch as the rules are played out.