Exploration
  • 2020/7/22

    Civil Code Promotes Product Liability Insurance

    The Civil Code of the People's Republic of China (hereinafter referred to as the "Civil Code"), adopted and promulgated at the Third Session of the 13th National People 's Congress of the People's Republic of China on May 28, 2020, shall come into force as of January 1, 2021. The current Tort Law of the People's Republic of China (hereinafter referred to as the "Tort Law") has been integrated and partially amended by Part VII of the Civil Code-Tort Liability, in which Chapter IV is about the legislation on "product liability", which will play an important role in the development of product liability insurance in China.

  • 2020/7/2

    ICLG Vertical Agreement and Dominant Firms 2020

    ICLG Vertical Agreement and Dominant Firms 2020

  • 2020/7/2

    LexGTDT Private Antitrust Litigation 2021 - China

    LexGTDT Private Antitrust Litigation 2021 - China

  • 2020/6/22

    EU Commission White Paper on Foreign Subsidies

    Today, the Commission published a White Paper addressing the distortions caused by foreign subsidies to the EU Internal Market. As a White Paper, this is a purely consultative document. The Commission will be welcoming comments until 23 September 2020. When this process has been concluded, the Commission will likely draft new legislation that is in line with the White Paper. This White Paper doesn't single out China as such, but the press during the run-up to this White Paper has clearly identified China as the obvious focus.

  • 2020/5/25

    Is the PPE vendor reliable? Due diligence tips for buyers.

    How credible is the PPE vendor? In this time of worldwide scramble for PPE, buyers are looking to complete orders quickly and are hard pressed to assess the answer in a short time. The following resources in Chinese are provided as suggestions for conducting a quick due diligence on a Chinese PPE vendor.

  • 2020/5/25

    Analysis of the Application of Force Majeure in International Trade Contracts under the COVID-19 Epidemic Situation

    The COVID-19 epidemic has a negative impact on import and export trade in China. According to the statistics of the General Administration of the Customs, the total value of imported and exported commodities from January to March 2020 was CNY6,973.9 billion, decreased 0.7% from the first quarter of 2019. The total value of imported and exported commodities in the first two months was CNY4,128.3 billion, decreased 9.6% year-on-year from 2019. In the first two months, the export price dropped 1.3% year-on-year, and the import price increased 0.1% year-on-year. According to the interpretation of the official in charge of the General Administration of the Customs, foreign trade import and export declined significantly in the first two months, mainly due to the COVID-19 pneumonia epidemic and extended Spring Festival holidays and other factors. Under the influence of the epidemic, the volume of business transactions of China's foreign trade enterprises has declined, and the international trade disputes caused by the inability to perform the contract will increase. In the domestic export sector, the resumption of work after the Spring Festival is delayed as a result of the epidemic, which may delay the production and delivery of international trade orders; in the import sector, if foreign governments take restrictive or prohibitive measures against imported goods during the epidemic period, the customs clearance of imported goods will be obstructed.Under such circumstances, this paper aims to analyze how foreign trade enterprises apply "force majeure" in international trade contracts during the COVID-19 epidemic period.

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