James Dubow, Managing Director, Asia of Alvarez & Marsal shares with China Law & Practice his experience in working with law firms in China, and how far they have come 25 years on.
A&M is known for their work in transforming companies' management and performance
Top CSRC official said Shanghai-London Stock Connect will launch by year's end; China and Singapore sign agreement to upgrade Free Trade Agreement; and the Supreme People's Court plans new guidelines to separate commercial disputes from economic crimes.
The Hong Kong International ArbitrationCenter (HKIAC) introduced a new version of itsAdministered Arbitration Rules (2018 Rules) whichcame into effect on November 1. The 2018 Rulesintroduce amendments relevant to the use oftechnology, third party funding, multi-party andmulti-contract arbitration, among others. AlfredIp of Hugill & Ip summarizes the newly enforcedamendments
Stamp tax may be exempted for housing transactions, Shanghai FTZ encourages foreign investment in the financial sector and the period for the drug MAH scheme is extended
China International Import Expo shows China's shift from an export nation to an import nation; Hangzhou's internet court tells a success story one year on; and China's market regulators aim to crack down on unfair competition practices.
It may be easier for foreign banks to set up branches in China, private fund management business is put under greater scrutiny and insurance companies are given more flexibility in equity investment.