Although the government hasn't yet issued an overarching antitrust law, there are numerous regulations governing monopolies, price fixing and unfair commercial practices. The latest is a new anti-price monopoly law issued by the State Development Reform Commission.
New SPC rules on disputes over futures trading focus on the primacy of contractual issues, and form a counterpoint to legislation that traditionally has focused on regulating the futures industry at the macro-level.
By Asel Umurzakova, Freshfields Bruckhaus Deringer, Hong KongThe PRC government continues to reform its power sector, with promulgation of five new regulations…
The authorities are playing a game of catch-up with China's booming real estate sector, and have issued regulations recently that attempt to rein in speculative lending for real estate projects.
Issued: June 12 2003Effective: August 1 2003Interpreting authority: National Development and Reform Commission in consultation with relevant departmentsMain…
Promulgated: June 11 2003Effective: August 1 2003Main contents: The Provisions stipulate that grant of State-owned leaseholds by agreements can only be…
By Carl B. Cheng and Zhou Yun, Freshfields Bruckhaus Deringer, ShanghaiEight ministerial bodies headed by the State Development and Reform Commission (SDRC)…