Our China lawyers recently assisted a USA based client who had discovered fraud and self-dealing from three high level employees at their China company. It seems these employees, foreigners had been making payments to fake suppliers. This kind of thing occurs more frequently than you may expect. Needless to say the USA based client wished …
Dear families of the victims, We are deeply saddened to hear that your family was involved in a painful accident of Ethiopia ET320 on March 10, 2019 (we are very sorry for you because of this incident). I believe you and your family find it difficult to get through this period and accept it. It’s …
Letter to the families of Chinese victims of Ethiopia ET320 Read More »
To paraphrase the Bard: “A rose by any other name smells just as sweet”. Can the same comparison be said for China’s State Intellectual Property Office (SIPO)? Arguably the world’s most prolific patent office, serving one-sixth of humanity, and protecting innovation in the world’s second largest economy China’s SIPO processed millions of Patent applications each …
Our China lawyers have had several inquiries in recent months that touch on China anti-monopoly laws. This is an interesting emerging area of China legal practice as the regulation and implementation is currently in flux. The China government initiated a broad reorganization program in spring of this year which set out to consolidate the regulatory …
University of Sydney researchers are building a new super-fast, safe blockchain technology that has the potential to revolutionize the global economy. Best known as the technology that underpins Bitcoin and other virtual currencies, blockchain is a digital public ledger where transactions are recorded and confirmed pseudonymously. Named the ‘Red Belly Blockchain’, the new system being …
–First in Finance. Core values of blockchain application in finance: facilitating anti-money laundering and customer identity review. In the exploration of the innovation and use of blockchain, finance is the most important area. Blockchain technology broadly applies in digital money, financial transactions, and Internet of things finance. Take Taobao shopping as an example, the payment …
There is no question that 2017 has been a very important year in the history of Bitcoin and of digital currencies in general. In mid-November, Bitcoin reached an all-time high exchange rate of $7,800 before retreating by $1,000 as it forked into Bitcoin Gold, the second digital token issued this year due to a lack …
Blockchain is a transparent and verifiable system that will change the way people think about exchanging value and assets, enforcing contracts, and sharing data. The technology is a shared, secure ledger of transactions distributed among a network of computers, rather than resting with a single provider. Businesses are using blockchain as a common data layer …
In a speech Monday August 21, 2018, Chinese Vice Premier Liu He publicly called for increased financial support for small and medium sized enterprises (SMEs) in China, which he said was a vital push to support China’s domestic private sector. Mr. He called for efforts to increase financing opportunities and volumes for SMEs, and said …
Public opinion solicitation is an important way for the public to directly participate in the legislation, including the soliciting opinions of the legislative body, public participation and feedback, etc. The Nineteenth National Congress of the Communist Party of China explicitly put forward advancement of scientific legislation, democratic legislation, and law-based legislation to promote development and …
