Category: China Legal News and Analysis
Beijing set to power Asian infrastructure deals
“The Asian Infrastructure Investment Bank (AIIB), the first multilateral financial institution launched by China…open[ed] for business on Jan. 16, as the Asia Times reported. The AIIB’s mandate will be to fund [infrastructure] development both inside and outside of Asia. “From 2010 to 2020, Asian countries will […]
Facilitating China-Canada cross-border investment: A Q&A with Stephen D. Wortley of McMillan
Think Asia, Thing Hong Kong, a conference focused on facilitating trade and investment with China via Hong Kong, took place in Toronto June 8. Key among the participants was Stephen D. Wortley, Chair, Hong Kong Office and Co-Chair, China Practice Group at McMillan LLP. In conjunction […]
China’s Second Free Trade Zone to Open Next Week
China’s Second Free Trade Zone will Open Next Week. Below is the text of an interview with Paul Kossof, an Associate at the Beijing office of TransAsia Lawyers, about this new development. John Grimley: There has been substantial interest from foreign investors and companies in Shanghai’s free […]
For international law firms, China alone does not make an Asia Strategy
On February 8, Asia Law Portal’s Twitter feed (@AsiaLawPortal) (managed by this author) – tweeted an announcement from international law firm Norton Rose (@NLegal_Global), that they’d added an Asia section to their Financial Services Regulation Blog. Richard Smith (RWS_01), Australia-based legal business development professional, responded to […]
China’s manufacturing sector at a crossroads
Chris Devonshire-Ellis, Founder of Dezan Shira & Associates, a pan-Asia-Pacific accounting and management consulting firm serving foreign companies operating or seeking to operate within the region — convened an informal conversation over dinner in Hong Kong last week to discuss business trends in the region impacting […]
China’s legal market in 2014: An overview
A recent book by this author entitled: A Comprehensive Guide to the Asia-Pacific Legal Markets – provides in-depth analysis of the prime legal markets in the Asia-Pacific region. Among the most important of course, is China. Here are some of the highlights of that analysis: AS […]
“Dynamic forces” seen changing China’s legal market
“Dynamic forces” changing China’s legal market are one highlight of a new book by this author which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets“. Integral to the the book was the participation of the regions lawyers and legal services sector professionals — who provide […]
Western China’s Financial Centers: Regulations Affecting Foreign Law Firms and Clients
Western China will experience a substantial influx of foreign investment as manufacturers gradually move inland away from the relatively developed and expensive east coast. Foreign goods and services are soon to follow, as Western China’s financial centers such as Chongqing and Chengdu experience increased demand for […]
U.S. Law Firms Facing Competitive Challenges in China
As Yun Kriegler outlined recently in The Lawyer, after spending ten years in Asia, U.S. law firm Vinson & Elkins decided to close its Shanghai office. In July 2013, the Houston-based firm announced that it will shut down its three-partner office to consolidate its China practice […]