作者:Dr. Sandra Link, LL.M. 金杜律师事务所法兰克福办公室

德国汽车产业

德国以其汽车闻名,拥有包括梅赛德斯(戴姆勒)、宝马、奥迪以及大众等汽车品牌。但德国汽车产业不仅仅限于这些大品牌。在汽车供应领域,德国中小企业通常被认为是德国经济的引擎,主导着汽车产业。德国中小企业主要由中小型家庭企业构成,他们有独特的领导模式和强大的区域基础(通常位于大城市之外),同时,他们在该商业领域是全球少有的隐形世界冠军。 Continue Reading 自动驾驶汽车——德国的机遇与挑战

By Prudence Buckland(Solicitor). King & Wood Mallesons

The space industry is abuzz following New Zealand start up Rocket Lab’s successful rocket launch last week. With the Australian Government intending to establish a national space agency, 2018 is shaping up to be a fascinating year for the sector.  Continue Reading A giant leap forward for the Australian space industry

By Sandra Link King & Wood Mallesons’ Frankfurt group

1. German Automotive Industry

Germany is famous for its cars such as Mercedes (Daimler), BMW, Audi and Volkswagen. But not only the big names characterize the automotive industry in Germany. In the automotive supply sector, the German Mittelstand that is often characterized as the engine of the German economy, dominates the industry. The German Mittelstand is mainly composed of small and medium-sized family companies that have a special leadership style and a strong regional base (often outside the big cities) and are not seldom global hidden champion in their business field. Continue Reading Autonomous Cars – Opportunities and Challenges in Germany

By Sam Farrands, Tao Zhangqi, Zhao Xianlong, Lin Jia and Deng Yong King & Wood Mallesons

The most significant Belt & Road Project, the Greater Bay Area Initiative is the central government’s plan to link the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic hub.  The current population of the Greater Bar Area is approximately 68 million people with a combined GDP of over US$1.3 trillion.  By 2030 it is forecast to grow to 86 million, with GDP expected to exceed US$4.6 trillion. Continue Reading The Next Opportunity in the Greater Bay Area

作者:Sam Farrands 陶章启 赵显龙 林嘉 邓咏 金杜律师事务所

大湾区发展计划是“一带一路”项目重要的一环,亦是中央政府连接香港、澳门、广州、深圳、珠海、佛山、中山、东莞、惠州、江门和肇庆九大城市,打造一体化的经济枢纽的计划。大湾区目前人口约6,800万人,国内生产总值共计超过1.3万亿美元。预计到了2030年,其人口将增至8,600万人,而国内生产总值预计将超过4.6万亿美元。 Continue Reading 社会基础设施——大湾区的下一个机遇

作者:Stuart Dixon-Smith 和Mark Bayliss 金杜律师事务所悉尼办公室

在澳大利亚房地产投资领域,向当地银行贷款仍然是主要资金来源,但近几年来,投资者的资金来源日趋多样化,如夹层融资、向外资银行(如新加坡和日本的银行)贷款等方式。

鉴于银行愿意接受的杠杆率保持不变或继续下降,而就住宅开发而言,预售比例需要在现有基础上保持或继续提高,由此我们预计,在澳大利亚房地产交易中,使用夹层融资和海外融资的情形将会增加。 Continue Reading 投资澳大利亚房地产:融资选择

This article was written by Monique Carroll with the assistance of Philippa Robinson.

As foreshadowed in our article Staying Ahead of the Curve on Anti-Bribery and Corruption in Australia, the Australian Government has now introduced the Crimes Legislation Amendment (Combatting Corporate Crime) Bill 2017 (Cth) (“Bill”) into parliament which clarifies and increases the scope of conduct caught by foreign bribery offences and introduces a scheme encouraging self-reporting of breaches.  Continue Reading Australia tightens the belt on foreign bribery and corruption

By Meg Utterback, Daisy Mallett, Holly Blackwell, James McKenzie, Josephine Lao, and Ma Xiao King & Wood Mallesons

China has been at the forefront of a number of recent developments in the dispute resolution space. One notable development is the announcement by the China International Economic and Trade Arbitration Commission (CIETAC) of its new rules governing the arbitration of international investment disputes (Rules) and the CIETAC Investment Dispute Resolution Centre in Beijing (CIETAC IDRC), the default centre to administer those Rules. According to CIETAC’s Secretary-General, the Rules seek to “fill the gap” in the area of Chinese international investment arbitration and develop and promote the international investment arbitration practice in China[1]. Continue Reading CIETAC Investment Arbitration Rules

作者:Meg Utterback, Daisy Mallett, Holly Blackwell, James McKenzie, Josephine Lao, and Ma Xiao. 金杜律师事务所

近年来,中国推出了一系列针对投资争端解决领域的改革方案。中国国际贸易仲裁委员会(“贸仲委”)近期出台的《中国国际贸易仲裁委员会——国际投资争端仲裁规则》(“《投资仲裁规则》”)以及在北京设立的规则默认仲裁中心——贸仲委投资争端解决中心便是最新亮点。贸仲委秘书长王承杰指出,该规则填补了中国商业投资仲裁规则领域的空白,以求发展和推动中国国际投资仲裁的实践[1]。 Continue Reading 中国贸仲委出台《投资仲裁规则》——为中国投资条约争端领域填补空白

By Rudolf Haas and Urszula McCormack King & Wood Mallesons’

The growing number of token sales or “Initial Coin Offerings” (ICOs) has prompted the German Federal Financial Supervisory Authority (BaFin) to issue a “consumer warning” on November 9, 2017. BaFin also elaborated on its position in the November edition of its monthly “BaFin-Journal”, published on November 15. In a separate, but almost contemporaneous publication, the European Securities and Markets Authority (ESMA) also took a stance.

Overall, these were balanced statements that signalled a strong “buyer beware” message, but also implied a certain level of tolerance for properly issued ICOs. The regulators made clear that their approach is a careful case-by-case analysis. Continue Reading German BaFin and ESMA clarify their stance on ICOs