China

Officially known as the People’s Republic of China (PRC) is a unitary sovereign in East Asia and is the most populous country in the world. It is also one of the largest countries and has the most neighboring countries worldwide. The Communist Party in China exercises its jurisdiction over 22 provinces, five autonomous regions, and maintains control over four direct controlled municipalities. It also has control over the special administrative regions of Macau and Hong Kong.

Since the economic reforms of 1978, China has been one of the fastest growing and most profitable economies in the world. Its stronghold on the electronic-market, foreign imports and exports, and trade-power internationally, make it the world’s second largest economy by GDP (as of 2016). It also has the largest purchasing power parity (PPP) in the world. China also has the largest standing army in the world, and is highly recognized as a nuclear weapons state; the nation also has the second largest defense fund in the world.

The government of the People’s Republic of China is spread across several state organizations:

  • The National People’s Congress and it’s Standing Committee
  • The President and the Vice-President
  • The State Council, or Central People’s Government
  • The military, including the People’s Liberation Army and the People’s Armed Police, and the Central Military Commission with a Chairman who is Commander-in-chief
  • The National Supervisory Commission
  • The Judicial Branch, consisting of the Supreme People’s Court and the Supreme People’s Procuratorate

Legal power is given to the Communist Party by the PRC Constitution, and it has comprehensive control of the state, military and media.

China a member of World Trade Organization, APEC, Shanghai Cooperation Organization (SCO), BCIM, BRICS, and G20. China has suffered from severe environmental deterioration and pollution in recent years. Urban air pollution is just one of the major health issues in the country. The country is also the world’s largest carbon dioxide emitter, and severe water pollution is also a major concern in China.

On the flip side, China is the world’s leading renewable energy producer. It invests heavily in renewable energy projects, such as hydroelectric and wind-power. The country is the largest hydroelectric producer in the world, and has the largest capacity of installed solar panel systems worldwide.

China has diplomatic relations with 175 countries around the world, with embassies in 162 of these countries. China has played an increasing role in calling free trade areas and security pacts in Asia in recent years. In 2000, the US approved permanent normal trade relations (PNTR) with China, which allowed exports into the US, at the low rate which other countries paid.

The National Law Review covers news and the latest legislative developments in China. M&A transaction deals, limits on import/export with the US  including US and China Trade over solar panels. Foreign relations stories, new regulations dealing with manufacturing, and stories covering the health industry are also covered by the National Law Review. Visitors will find the latest news on foreign relations and the Chinese government online.

Custom text Title Organization
Nov
12
2011
China Cracks Down on Anti-Competitive Practices of Major State-Owned Enterprises McDermott Will & Emery
Nov
1
2011
China Implements a Security Review System for Certain Mergers and Acquisitions of Domestic Enterprises by Foreign Investors Sheppard, Mullin, Richter & Hampton LLP
Oct
29
2011
Prison Time and Export Controls: University Professor's Case Illustrates Dangers of Ignoring Export Compliance Sheppard, Mullin, Richter & Hampton LLP
Oct
28
2011
Trade Commission Likely to Play Growing Role in U.S. Renewable Energy Michael Best & Friedrich LLP
Oct
7
2011
Top Five Traps in M&A Transactions in China McDermott Will & Emery
Sep
30
2011
Guide to International Arbitration with Chinese Entities McDermott Will & Emery
Sep
26
2011
Significant Advances in Green Card Cutoff Dates for EB-2 India and EB-2 China Morgan, Lewis & Bockius LLP
Sep
22
2011
China Formalises National Security Review System for M&A Transactions by Foreign Investors McDermott Will & Emery
Sep
19
2011
Adjusting to China's Role in Global Hospitality Greenberg Traurig, LLP
Sep
19
2011
China Implements New Evaluating Competitive Influence Rules McDermott Will & Emery
Sep
16
2011
Applications of China’s New Personal Information Protection Standards McDermott Will & Emery
Sep
12
2011
Department of State Releases October 2011 Visa Bulletin Morgan, Lewis & Bockius LLP
Sep
9
2011
Shanghai Food and Drug Administration Issues Regulation for Domestic Processing and Manufacturing of Foreign Pharmaceutical Companies McDermott Will & Emery
Aug
24
2011
China Announces First Administrative Anti-Monopoly Case Sheppard, Mullin, Richter & Hampton LLP
Aug
16
2011
Doing Business at ART HK: Better, Bigger, Faster, Stronger Sheppard, Mullin, Richter & Hampton LLP
Aug
11
2011
Trademark Protection Strategies in China McDermott Will & Emery
Aug
5
2011
US & China Sign Antitrust Memorandum of Understanding Sheppard, Mullin, Richter & Hampton LLP
Aug
5
2011
China Criminalizes Foreign Bribery Dinsmore & Shohl LLP
Jul
30
2011
Risks of China’s Clean Tech Revolution Risk and Insurance Management Society, Inc. (RIMS)
Jul
25
2011
Procedures and Licensing for the Establishment of Life Sciences Companies in China McDermott Will & Emery
Jul
19
2011
SAFE Circular 19 Provides New Operating Instructions on Foreign Exchange Administration for Round-Trip Investment in China Morgan, Lewis & Bockius LLP
Jul
11
2011
U.S. and Chinese Antitrust Agencies to Sign Cooperation Agreement McDermott Will & Emery
Jul
10
2011
New Developments for Foreign Special Purpose Companies and Round-Trip Investment Sheppard, Mullin, Richter & Hampton LLP
Jun
28
2011
China Clarifies and Expands Reporting Obligations of Foreign Enterprises on Indirect Equity Transfers Sheppard, Mullin, Richter & Hampton LLP
Jun
25
2011
More Year of the Hack: Government Based Cyber Security Threats Barnes & Thornburg LLP
Jun
20
2011
Corrupt Chinese Officials Steal Billions Risk and Insurance Management Society, Inc. (RIMS)
Jun
20
2011
The FCPA in BRIC Countries: 2011 Enforcement Trends in Emerging Markets McDermott Will & Emery
Jun
19
2011
China’s MOFCOM Gets Tough on Merger Control? McDermott Will & Emery
Jun
9
2011
China Seeks Comments on New Evaluating Competitive Influence Rules McDermott Will & Emery
Jun
3
2011
China’s NDRC Delegates Powers to Lower Levels to Approve Overseas Investment Projects Morgan, Lewis & Bockius LLP
May
20
2011
New Complaint Filed on behalf of Lutron Electronics Co., Inc. McDermott Will & Emery
Apr
28
2011
China Auto Dealers Association Files Anti-Monopoly Complaint Against Beijing Benz McDermott Will & Emery
Apr
19
2011
China Adopts National Security Review Regime and Provisional Implementing Regulations for Foreign-Funded M&A Greenberg Traurig, LLP
Mar
28
2011
China Adopts Amendment to the Criminal Law to Outlaw Bribery of Foreign Officials Squire Patton Boggs (US) LLP
Mar
28
2011
The Rising Cost of Disasters Risk and Insurance Management Society, Inc. (RIMS)
 

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