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China Law Insight

Tag Archives: new normal

Compliance Challenges for Businesses in the “New Normal”

Posted in Antitrust & Competition, Competition Law, Corporate

By Susan Ning King & Wood Mallesons’ Commercial & Regulatory group

The reform and opening up in China has been a process of establishing and improving a modern market system. As this process deepens, “building a unified, open, orderly and competitive market” has become the goal of the market economy reform. The year 2017 is the second year of China’s 13th Five-year Plan, in which “market” and “competition” are the key points that cannot be overlooked. According to the Plan, establishment of a modern market system requires accelerating the development of a un… More…/更多

Where to?-The “New Normal” and the Impact on China’s outbound investment in Africa

Posted in Corporate, Securities

By George Zhao, Wang Zhen and Pan Peng King & Wood Mallesons’ Corporate & Securities Group

At the 2015 World Economic Forum in Davos, Premier Li Keqiang stated that China is entering a “new normal” status in which its economy grows at a slower but healthier pace. However, the slowing GDP growth rate has caused concern that China’s outbound investment in Africa will decrease as a result of this ‘new normal’ and some African countries have reportedly already experienced such effects. … More…/更多