The first anti-monopoly law in China, which was not approved until last year, finally took effect on Aug 1st this year.

Investors and legal experts believe that the law is a landmark law in China’s transition to market economy and further opening up which is considered by some people as the “constitution for the market economy” because of its importance in promoting an environment of fair competition.

According to Li Shuguang, a professor at China University Read more…

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Several years ago, firms used to have consultants to invest. But now, only with consultants is not enough.The work about environmental guidelines for companies investing in or providing economic aid to overseas countries is undertaken by the Chinese Academy for Environmental Planning (CAEP), cooperating with the Global Environmental Institute (GEI) and the University of International Business and Economics. The GEI said the first draft of the work is now on the way. Read more…

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