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Image: Mel Clark, Train Tracks
(Publicdomainpictures.net)

In his speech delivered at the recent Belt and Road Forum for International Cooperation, Chinese President XI Jinping emphasized the need to “keep in mind the people’s expectations”. He also announced eight actions that China will take to support the “high-quality” development of the Belt and Road Initiative (“BRI”). What expectations do people in BRI partner countries have for the initiative? Do the eight actions announced by China have the potential to align well with these expectations?Read this article

Image: Petr Kratochvil, Apartment Building Pattern (Publicdomainpictures.net)

How courts in China handle cases involving struggling real estate developers will affect foreign investors’ confidence in the entire Chinese market. The Supreme People’s Court recently highlighted the enforcement of a series of cases involving a real estate developer. These cases provide indications illuminating how courts in China are expected to follow suit to achieve “good political, social, and legal effects”.Read this article

Images: Kai Stachowiak, Background Wallpaper;
icon0 com, China Flag Themes Idea (Publicdomainpictures.net)

Is there any chance for a private enterprise to win a lawsuit against a state-owned enterprise or a government agency in China? In an apparent attempt to boost confidence in the Chinese market, the Supreme People’s Court of China has signaled an affirmative answer to this question by releasing two court cases. Will the positive treatment of private enterprises, as demonstrated in these two cases, become a norm?Read this article

Image: Kai Stachowiak, Business (Publicdomainpictures.net)

The Chinese leadership just released a document to reaffirm the value of private enterprises and to urge the implementation of actions that will help address a wide range of problems facing these enterprises. Will this lead to a new wave of entrepreneurship mirroring the success of earlier waves that gave rise to well-known companies such as Tencent?Read this article

Image: Kai Stachowiak, Background Wallpaper (Publicdomainpictures.net)

The global legal services market has been predicted to grow to USD 1,311.63 billion by 2031, with the fastest-growing regions being South America, the Middle East, Africa, and Eastern Europe and it is estimated that their compound annual growth rates will range from 11.1% to 8.9%. What are the implications of these predictions for lawyers and rule-of-law developments in China?Read this article

Images: Peter Griffin, Bullet Train;
Victoria Borodinova, Bedouin, Desert, Caravan, Camels (Publicdomainpictures.net)

Long before the emergence of AI chatbots, China had already prioritized the development of AI, resulting in the promulgation of pioneering legislation to boost foreign investment. Applying similar long-term planning skills, China began years ago to revive the glory of Xi’an, the eastern terminus of the ancient Silk Road, by enhancing the city’s capacity to resolve legal disputes arising from China’s current Belt and Road Initiative. Xi’an’s recent hosting of the China–Central Asia Summit has signaled the city’s potential to facilitate again the economic development in this region. These achievements are quite remarkable. How did China get here and where will this likely lead to? Read this article

Images: icon0 com, China Flag Themes Idea;
Victoria Borodinova, Brazil Flag, Brazil, Friendship (Publicdomainpictures.net)

In their recent joint statement on climate change, China and Brazil stress the need to combine “urgent climate responses” with the protection of nature to, among other goals, eradicate hunger. Accomplishing these goals will not be easy because some are conflicting. High-yielding seeds needing little agricultural inputs to grow seem to be the panacea required. Are legal tools available to help incentivize the development of such seeds?Read this article

Image: Linnaea Mallette, China Travel Poster
(Publicdomainpictures.net)

Since being confirmed as President of the People’s Republic of China for an unprecedented third term, XI Jinping has quickly produced a series of high-profile diplomatic achievements, including the recent normalization of relations between Saudi Arabia and Iran mediated by China. What legacy will this early success lead to?Read this article

Image: Gerd Altmann, One Humanity (Publicdomainpictures.net)

Jiangxi, an inner Chinese province neighboring three prosperous coastal provinces, i.e., Zhejiang, Fujian, and Guangdong, has defied China’s national population decline to gain population growth. What is Jiangxi’s recipe for success? Can useful lessons be derived from this success and adopted by other regions in China?Read this article

Image: Andrea Stöckel, New Year New Years Eve Sparkler (Publicdomainpictures.net)

The Supreme People’s Court’s issuance of 26 new Guiding Cases, China’s de facto binding precedents, during the last few weeks of 2022 brought the total number of these cases issued in the entire year to 33, a record-high number that has only been matched in 2019. A comparison of Guiding Cases released before and after 2019 shows positive developments and, as explained in this article, gives optimism for 2023.Read this article

Last Sunday, Dr. Mei Gechlik delivered a keynote speech titled Zhejiang, Case Guidance, and China’s Global Economic Development at a conference held in Hangzhou, Zhejiang Province. The speech turned out to be timely as on the same day, a Chinese Communist Party leader visited Alibaba, the e-commerce giant headquartered in Zhejiang. The visit not only marked the first of this type since Alibaba faced serious regulatory investigations, but also occurred only two days after President Xi Jinping chaired the country’s economic working conference, at which China’s “platform enterprises” (e.g., Alibaba) were called upon to “show their talents in leading [the country’s] development, job creation, and international competition”.Read this article

Image: Dawn Hudson, Globe Watercolour (Publicdomainpictures.net)

U.S. President Joe Biden’s recent meeting with Chinese President XI Jinping has eased the growing tension between the two countries, giving rise to hope that the difficult Taiwan issue will be unlikely to trigger conflict in the near future. This development is in line with the mainstream stance taken by people in Taiwan. The majority of respondents to surveys conducted from 1994 to 2022 have expressed their wish to see Taiwan (a) maintain the status quo and then decide the future at a later date; or (b) maintain the status quo indefinitely. What does this signal to leaders in Beijing? What can be done in the interim?Read this article

Image: Kai Stachowiak, Block Chain (Publicdomainpictures.net)

The race to have a platform through which many countries can use their central bank digital currencies (“CBDCs”) to safely, efficiently, and inexpensively settle cross-border deals has drawn even more attention after China and three other jurisdictions recently announced their success in testing their blockchain-powered platform, mBridge. What are China’s expectations for mBridge? Will the success of mBridge drive other countries, including the United States, to seriously consider their own CBDC plans?Read this article