This week the Shanghai-Hong Kong exchange link's capital gains tax puzzle was discussed, Mexico revoked a US$3.75 billion Chinese rail contract and ICBC was named the first renminbi-clearing bank in North America

Jihong Wang and Zejun Lin of Zhong Lun Law Firm analyse the legal challenges created by using privatecapital to invest in infrastructure development, both in China and by Chinese enterprises looking outbound

Vincent Mu and Blake Yang of Martin Hu & Partners highlight the most important legal developments of thelast 12 months, the latest CIETAC enforcement issues and the importance of mediation

Ken Dai and Jet Deng of Dacheng Law Offices assess the impact for businesses of the increasing focus of theauthorities on data protection

Susan Ning of King & Wood Mallesons outlines the key developments in competition law in the last year,such as the Merck-AZ and Microsoft-Nokia deals as well as the Interdigital and Qualcomm investigations. Shepredicts compliance and enforcement will be key themes for next year

Laurent Lazard and Helen Haijing Liu of Bonn Steichen & Partners explain the role of Luxembourg in the internationalisation of the renminbi and the benefits of structuring investments through the country

Laurent Lazard and Helen Haijing Liu of Bonn Steichen & Partners explain the role of Luxembourg in the internationalisation of the renminbi and the benefits of structuring investments through the country

Cheng (Ron) Ma of Jingtian & Gongcheng highlights the developments in VAT and double taxation treaties,explains withholding tax and predicts the next phase of reforms

Huijun Ma and Jiong Zhang of Zhong Lun Law Firm explain the laws and challenges of real estate & construction in the PRC, the investment and financing methods for real estate projects and the progress of REIT rules