“Ke jixu goumai” (“The deal is on”) is the phrase that spurs Chinese consumers to use online group buying websites. The SAIC is taking action to regulate this rapidly expanding market that has led to fraud, fake products and price hikes
Green technology developers will now benefit from the improved financial viability of domestic energy projects, but only if the correct structure and licensing arrangements are put in place when setting up joint ventures
Beijing Intermediate People's Court has rejected Chivas Regal's trademark infringement lawsuit against clothing company Chivas Regal 88. Along with the high-profile problems of Apple and Hermes, the case highlights the weaknesses in China's Trademark Law.
The National People's Congress has passed the amendments to China's Criminal Procedural Law that make first instance courts more secretive than ever. The changes contradict a statement by Supreme People's Court President Wang Shengjun for more reforms to open up China's legal system.
Ma Mingqiang, secretary-general of the ASEAN-China Centre, has urged Chinese enterprises to go to ASEAN countries for their outbound investment. But it is not clear whether government support will be enough to spark an investment boom in the region
Preferential policies for cross-strait investment are benefiting Taiwanese entrepreneurs. While some are still concerned about risks such as exit restrictions and the dispute resolution mechanism, foreign financial institutions are already benefiting from the growing business.
As franchising increases in China, the Ministry of Commerce has released new measures for greater disclosures, including more information when signing agreements.