GLG News by Energy / Utilities Experts: Legal, Economic, and Regulatory Affairs (China)

China has already lost 5 million jobs this autumn  and another 2 million migrant works are likely to lose their jobs in the next six months as more and more export processing factories shut down. Many of the jobs have also been lost in the construction sector.      The speed...

China's strategy to boost growth by using the srategies that worked in 1997/98 will not help. China already has a huge over hang of empty office and industrial buildings.   There is no demand for the new airports planned and other transporation related projects. The new railways...

China issued its Regulation on Commercial Franchises (“Regulation”) on February 6, which will be effective on May 1. Where many uncertainties remain, the Regulation represents a major improvement over the past regulatory regime in (i) the “two plus one” requirement is relaxed. The Regulation dropped...