Bee on China
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Chinese law. A four-keynote when dealing with Chinese partner (liquidated damages, err, dispute and chop)
An enterprise dealing with a Chinese partner, therefore, that chooses to ignore all but the laws in the books or ordinary law is choosing to work half blind.
In this Article, readers will learn how to navigate through Chinese Law, in particular Chinese Contract Law, finding one of many possible ways how to supplement law(s) in the books, in order to ease half blind foreigner or enterprise with the understanding and using Chinese Law. The initial findings of this Paper, are to provide lessons that can be drawn for people dealing with Chinese Partner in their best route to achieving goals for legal transaction and business exchange to happen, but at the same token, to leave the participants to make their own judgements and recognition on this law development and implementation in contemporary China.
You will be provided with case studies showing implementation of the law with “Chinese characteristics”. Examples are to include: contractual default, liquidated damages, concept of err, disputes, chops, to name just a few.
Have a look at my article.
