SinoExpress

Images: Jennifer Olschefski, Fractal Tech Disc Background;
Circe Denyer, IV Needle;
icon0 com, Green Rice Farm;
Mohamed Mahmoud Hassan, Chatting And Using Emoji (Publicdomainpictures.net)

SinoExpress™, a monthly newsletter of SINOTALKS®, has nearly 1,100 subscribers. This issue covers tech investments in China, rice production in Africa, health care in the Soloman Islands, and the use of emojis.Read more

In Brief

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 more

A Speaking Tour in China

In June 2023, Dr. Mei Gechlik, Founder and CEO of SINOTALKS®, had a speaking tour in China to share her thoughts about how to strengthen China’s “soft connectivity” with the world.Read more

In Brief

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 more

Guiding Case No. 196: Supreme People’s Court Adopts a Liberal Approach to Arbitration While Leaving Room for Unexplored Situations

Image: Petr Kratochvil, Science And Technology (Publicdomainpictures.net)

Guiding Case No. 196 (“GC196”) holds that, under Chinese law, an agreement to arbitrate is independently enforceable, even if the agreement was intended to be part of a larger contract that never fully formed. Through a comparison of GC196 with U.S. law, Tyler Atkinson explains why GC196 shows that Chinese law is arguably more favorable to arbitration than the law of the United States, a jurisdiction that, itself, strongly favors arbitration. He also shares practical insights about what companies affected by GC196 should do to avoid the risk of being forced into arbitration.Read more

In Brief

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 more

SinoForum&Foresight

Image: Gerd Altmann, The Age Of AI Has Begun (Publicdomainpictures.net)

To compete with ChatGPT and similar AI products for market share, Baidu launched ERNIE Bot in March 2023. How far ERNIE Bot and other AI industries will be able to develop in China depends on Chinese policies and legislation on AI. Guangzhou, Shenzhen, and Shanghai have taken the lead to formulate their local regulations in accordance with China’s national policies and have been developing AI industries in their own special ways. Which city should foreign investors choose to enter China’s AI market?Read more

In Brief

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 more

In Brief

Image: Kieran Sinclair, Great Wall Of China 1 (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 more

Guiding Case 196

Image: Mohamed Mahmoud Hassan, Contract Signature (Publicdomainpictures.net)

In December 2022, the Supreme People’s Court of China released Guiding Case No. 196 to provide significant guiding principles regarding the validity of an arbitration clause even though the contract that contains the clause has not been formed. These principles will have a considerable impact on legal practice.Read more

In Brief

Image: Yiting Liu, Happy Extended Family Isolated On White (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 more

Guiding Case 60

Image: Marina Pershina, Olive Oil (Publicdomainpictures.net)

In May 2016, the Supreme People’s Court of China released Guiding Case No. 60 to provide guiding principles regarding, inter alia, the interpretation of certain food safety standards. This piece explains why these principles still have guiding value even though the food safety standards involved in this case are no longer effective.Read more

In Brief

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 more

SinoForum&Foresight

Image: Charles Rondeau, Green Dollar (Publicdomainpictures.net)

Core Climate was launched by Hong Kong Exchanges and Clearing Limited in October 2022. How can Hong Kong, a special administrative region of China, leverage Core Climate to assist the country’s Greater Bay Area and other regions to accomplish their climate goals? Will Core Climate be able to help Hong Kong become a leader in sustainable finance in Asia?Read more

In Brief

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 more

In Brief

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 more

In Brief

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 more