Legal

China's fast-growing real estate sector is regulated by a confusing patchwork of laws, and disputes have been on the rise. The Supreme People's Court has issued a new Interpretation that brings some welcome clarity to real estate sales and purchase contracts.

A circular, issued by the Department of Intermediary Supervision of the China Securities Regulatory Commission, on securities companies which have developed new businesses in the new area of collective entrusted investment management to safeguard the proper order of the securities market and investors.

As anticipated, market participants are responding very positively to the implementation of a new legal framework for securitization in Taiwan. The Ministry…

The Shanghai Municipal Commission for Foreign Economic Relations and Trade issued a detailed set of implementing rules which govern the establishment of regional headquarters by foreign multinationals in various forms.

Shanghai aims to become a regional business hub. New rules have been issued that supplement initial steps that Shanghai took in the summer of 2002 to make itself a focus of international business.

Cooperative educational programmes have been a fast-growing sector in China. New rules governing cooperative educational programmes operating in China contains important changes.

The aftermath of the Severe Acute Respiratory Syndrome outbreak in China has impacted regulation of the workplace environment and initiated a reassessment of the legal framework governing employee rights and employer obligations.

A set of regulations which is applicable to the running of sino-foreign jointly run schools in the PRC.

A set of interpretation which deals with matter that concerns disputes over commodity premises sales and purchase contracts in the PRC.