I was having a conversation recently with a Chinese friend, who wanted to pick my brain about his legal options after the online P2P lender he had invested money in had gone under. P2P lending is a popular internet based investment model in China, where individuals seek personal loans from groups of other individuals, all …
China’s Unregulated P2P Internet Lending Risky for Investors Read More »
ZOOTOPIA hits the Chinese theatres on March 4, 2016 and has reeled in 0.15 billion RMB for less than two weeks. “ZOOTOPIA” is formed of “ZOO” and “UTOPIA”, which clearly demonstrates the idea of the scriptwriter that in the ZOOTOPIA, mammals of all shapes, sizes and dietary preferences are living in harmony, and this city, …
On December 27th 2015, the 12th National People’s Congress passed China’s first Domestic Violence Act and on March 1st 2016, the law came into effect. On first day of the new law, many courts received applications from victims of domestic violence, including one by the wife of the well known Rong Lanxiang. Previous data shows …
Recently, in Hezhou City, Guangxi province, two men were sentenced to one year in jail with a fine of RMB 6,000 each. The men were convicted for stealing four dogs, killing them with poison, and selling the dog meat to the public as food. (You can find the report here in Chinese) Many foreigners, and …
It’s all fair and well to have a good legal argument under substantive law i.e. negligence, breach of contract, … etc. However, one must not forget to pay attention to the procedural aspects of a case, which could lead to winning or losing in court with cost implications. Today we will have a quick look …
A common question we encounter from our client’s establishing factories in China is whether to lease or to purchase the land. Most of the time, a business with lease, but purchasing outright offers some benefits, if only to avoid the possibility of a problematic landlord. Business owners who are thinking of purchasing real estate in …
What to Know about Purchasing Real Estate in China Read More »
As part of China’s aim of modernization in terms of economy, their e-commerce laws have recently changed and are constantly evolving. China continues to push development of a consumer economy oriented around growing levels if e-commerce. The government recently developed guiding principles on promoting development of cross-border e-commerce in the country. For foreign investors aiming …
5 Interesting Facts about cross Border China e-Commerce Read More »
China recognizes how a strong mining industry plays significant role in the future of the country’s economy. However, in the recent years, there has been failure in meeting the requirements in domestic supplies for mineral commodities in terms of economic expansion. This situation has led to attempts at reformulating the minerals regulations system of China. …
One night in Beijing This is a short story about a foreigner in China. He had been involved in an altercation in Beijing, whilst on a night out at a bar. Apparently, he had been standing outside a bar smoking a cigarette when a drunken man walked up to him and pushed him. He responded …
