Joanna Law reports on the legal and regulatory challenges corporate counsel expect to face when doing business in 2016
In China, 2015 was a busy year with the market expanding and opening up, and a series of reforms launched by the central government focused on bringing significant change to both the legal and social environments in 2016.
China’s reforms, via the 13th Five-Year Plan, a roadmap for the nation’s development from 2016 to 2020, have drawn attention from around the globe.
More new rules, detailed amendments, guidelines and opinions will inevitably keep coming as China strives to strengthen its legal sector. And President Xi Jinping’s world tour has inked several strategic partnerships and overseas projects certain to bring outbound and inbound investment for the nation.