A clause in a sweeping economic stimulus package would undermine the country’s foreign policy and threaten the relations with other countries, especially with China, according to economists and scholars.
The main purpose of the ‘Buy American’ clause in a bill that President Barack Obama made law on Tuesday is to release $787 billion to rescue the US economy. The stimulus law says US iron and steel would be used for government projects.
It also states that the ‘Buy American’ provision be applied reducing US responsibilities without international agreements, and this Read more…
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China, crisis, economy, law, policy, purpose, relations, U.S.
Ministry of Justice of the People’s Republic of China
Notice No. 79
According to the “Measures on Administration of Hong Kong and Macao Law Firms’ Representative Offices on the Chinese mainland” (Order of China’s Ministry of Justice, No. 104), the following 61 Hong Kong law firms’ representative offices, which have passed the annual review, are permitted to provide legal services, not including Chinese law practices. Read more…
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China, firm, justice, law, ministry, service
Ministry of Justice of the People’s Republic of China
Notice No. 78
According to the Regulations on Administration of Foreign Law Firms’ Representative Offices in China (Order of China’s State Council, No. 338), the following 177 foreign law firms’ representative offices, which have passed the annual review, are permitted to provide legal services, not including Chinese law practices. Read more…
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China, firm, justice, law, ministry, service
After the baby milk food scandal, the latest draft of the food safety law has set stricter standards and given greater responsibility to the government. The draft requires all health departments to follow safety standards on the use of food additives and ban all harmful chemicals in food products.
Liu Xirong, deputy director of the NPC Law Committee, said on the first day of the six-day session, “Many legislators have suggested the wide, and even illegal use of additives poses a big threat to food safety. So the law should have clear stipulations on that.” He also said the latest draft requires departments to implement risk assessments and sets strict standards in every step during the process.
After being Read more…
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China, food, law, safety, standard, stricter
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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anti-monopoly, approve, invest, law, observe
Because of the demand for a balance between the protection of workers and labour market flexibility, the State Council issued the implementation regulation for the Labour Contract Law.
By issuing the regulation, it was made clearly that labour contracts with no fixed termination dates do not amount to unbreakable “iron rice bowls” that may severely hurt enterprises’ vitality.
Chinese employers will not slow their pace of rising labour costs although they are breathing a sigh of relief.
The new Labor Contract Law, which came into effect on Jan 1, was hailed as a landmark step in protecting employees’ rights. Among a number of stipulations to emphasize workers’ welfare, one clause entitles Read more…
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China, cost, flexibility, labour, law, relief
Recently, people’s reflections on the Anti-Monopoly Law have been provoked by the so-called “first anti-monopoly cases” occurring in many places. Termed as the “charter of free enterprise”, the Anti-Monopoly Law performs a key role in several aspects of the country’s competition mechanism and the legal environment for competition. “Companies especially doing services like us, ostracize monopoly very much. So we expect the law can really protect us.” Said the CEO of BPOVIA James Huang, whose company focus on many kinds of services. Read more…
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anti-monoply, charter, China, enterprises, law
To see part 1
Shi Xiaohong, chief technician with 360.cn, a leading online safety company in China, expressed his opinion of the matter as follows.
Hackers usually do not change or cancel the information, but resell it to other people to make profits. In this way, they fall outside the ambit of the current law. To put Trojans, most of which are used to steal information or remotely control the computers, on a certain web page is the most common way to steal information from a personal computer. Read more…
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China, economy, gainer, hacker, law, profit