By Miao Jing King & Wood Mallesons M&A
As anticipated in our Client Alert1 dated August 2013, the National Development and Reform Commission (“NDRC”) has proposed amendments to the Coal Trading Measures2 (“Amendments”)3. It has invited companies and individuals to comment on the Amendments before December 17, 2013.4 The Amendments finalize the changes made to the Coal Industry Law5 in June 2013 to remove the need for coal trading licenses (煤炭经营许可证). In addition, the Amendments propose a number of other changes to the Coal Trading Measures, which are described in more detail below.
Continue Reading Calling Public Opinion on Amendments to Coal Trading Measures