China

Officially known as the People’s Republic of China (PRC) is a unitary sovereign in East Asia and is the most populous country in the world. It is also one of the largest countries and has the most neighboring countries worldwide. The Communist Party in China exercises its jurisdiction over 22 provinces, five autonomous regions, and maintains control over four direct controlled municipalities. It also has control over the special administrative regions of Macau and Hong Kong.

Since the economic reforms of 1978, China has been one of the fastest growing and most profitable economies in the world. Its stronghold on the electronic-market, foreign imports and exports, and trade-power internationally, make it the world’s second largest economy by GDP (as of 2016). It also has the largest purchasing power parity (PPP) in the world. China also has the largest standing army in the world, and is highly recognized as a nuclear weapons state; the nation also has the second largest defense fund in the world.

The government of the People’s Republic of China is spread across several state organizations:

  • The National People’s Congress and it’s Standing Committee
  • The President and the Vice-President
  • The State Council, or Central People’s Government
  • The military, including the People’s Liberation Army and the People’s Armed Police, and the Central Military Commission with a Chairman who is Commander-in-chief
  • The National Supervisory Commission
  • The Judicial Branch, consisting of the Supreme People’s Court and the Supreme People’s Procuratorate

Legal power is given to the Communist Party by the PRC Constitution, and it has comprehensive control of the state, military and media.

China a member of World Trade Organization, APEC, Shanghai Cooperation Organization (SCO), BCIM, BRICS, and G20. China has suffered from severe environmental deterioration and pollution in recent years. Urban air pollution is just one of the major health issues in the country. The country is also the world’s largest carbon dioxide emitter, and severe water pollution is also a major concern in China.

On the flip side, China is the world’s leading renewable energy producer. It invests heavily in renewable energy projects, such as hydroelectric and wind-power. The country is the largest hydroelectric producer in the world, and has the largest capacity of installed solar panel systems worldwide.

China has diplomatic relations with 175 countries around the world, with embassies in 162 of these countries. China has played an increasing role in calling free trade areas and security pacts in Asia in recent years. In 2000, the US approved permanent normal trade relations (PNTR) with China, which allowed exports into the US, at the low rate which other countries paid.

The National Law Review covers news and the latest legislative developments in China. M&A transaction deals, limits on import/export with the US  including US and China Trade over solar panels. Foreign relations stories, new regulations dealing with manufacturing, and stories covering the health industry are also covered by the National Law Review. Visitors will find the latest news on foreign relations and the Chinese government online.

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Jun
30
2023
China on the Move in Life Sciences: Regulatory and Compliance Developments Greenberg Traurig, LLP
Jul
27
2023
Congress and the White House May Restrict U.S. Investments in Certain Chinese Industries Greenberg Traurig, LLP
Aug
28
2023
Department of Commerce Issues Final Determinations on Circumvention Inquiries of Solar Cells and Modules Produced in China Greenberg Traurig, LLP
Jan
2
2024
USTR Extends Product Exclusions and Opens Comment Period for Section 301 Tariffs on Chinese Goods Greenberg Traurig, LLP
Mar
11
2024
Competition Currents | March 2024 Greenberg Traurig, LLP
May
8
2013
China International Economic and Trade Arbitration Commission (CIETAC) Secession: What It Means For International Arbitration in China Greenberg Traurig, LLP
Jul
17
2013
China Life Science Laws and Regulations Update Greenberg Traurig, LLP
Feb
1
2014
Bilateral China / US Investment ‐ Is 2014 the Year? Greenberg Traurig, LLP
Nov
10
2014
U.S. Immigration: Extended Visa Validity Announced for Chinese Nationals Greenberg Traurig, LLP
Aug
14
2015
China Devalues the Yuan in Biggest Single-Day Markdown in 20 Years Greenberg Traurig, LLP
Sep
19
2015
China Africa Joint Arbitration Centre Established in Johannesburg Greenberg Traurig, LLP
Dec
16
2019
Hong Kong Original Grant Patent (OGP) System to Launch Dec. 19 Greenberg Traurig, LLP
Jul
30
2021
China Finalizes Data Security Law Greenberg Traurig, LLP
Sep
9
2021
Competition Currents | September 2021 | Greater China | Japan Greenberg Traurig, LLP
Aug
4
2022
GT Newsletter | Competition Currents | August 2022 Greenberg Traurig, LLP
Sep
20
2022
Commerce Issues Final Rule on AD/CVD Grace Period Greenberg Traurig, LLP
Dec
22
2022
U.S. Embassy and Consulates in China Suspend All Visa Services Greenberg Traurig, LLP
Sep
4
2012
Local Chinese Media Focuses on the EB-5 Program Greenberg Traurig, LLP
Dec
21
2012
China: New Regulations on the Employee Stock Ownership Plans of Listed Companies Greenberg Traurig, LLP
Aug
19
2014
China’s State Administration of Foreign Exchange (SAFE) Circular Relating to Foreign Exchange Administration of Offshore Investment, Financing and Return Investment by Domestic Residents Utilizing Special Purpose Vehicles (Hui Fa [2014] No. 37) Greenberg Traurig, LLP
Oct
9
2014
November Visa Bulletin Confirms Fears of Significant Retrogression for EB-2 India Greenberg Traurig, LLP
Nov
19
2014
Anti-monopoly Probe and Enforcement in China – Paying the Price for Price! Greenberg Traurig, LLP
Sep
22
2015
Government Grants Now Available to Israeli Companies Establishing Marketing Representatives in China and Japan Greenberg Traurig, LLP
Jun
5
2019
Trump Tariffs – An Overview Greenberg Traurig, LLP
Jun
10
2021
China Competitiveness Legislation and U.S. House Committee Jurisdiction Greenberg Traurig, LLP
Oct
7
2021
Competition Currents October 2021 | Greater China & Japan Greenberg Traurig, LLP
Dec
9
2021
Greater China & Japan Competition Currents December 2021 Greenberg Traurig, LLP
Aug
26
2022
Commerce Department Delays Auxin Preliminary Determination on Solar Trade Imports Greenberg Traurig, LLP
Mar
29
2024
China Relaxes Requirements for Cross-Border Data Transfers Greenberg Traurig, LLP
Apr
19
2011
China Adopts National Security Review Regime and Provisional Implementing Regulations for Foreign-Funded M&A Greenberg Traurig, LLP
Dec
23
2012
Understanding the Implications of Retrogression in the EB-5 Category Greenberg Traurig, LLP
May
16
2013
U.S. Consulate in Guangzhou, China Stops Visa Interviews Greenberg Traurig, LLP
Jul
23
2013
China Seeks to Protect Personal Internet Information Greenberg Traurig, LLP
Dec
14
2013
Air Regulation Update – Part II Re: Greenhouse Gases Greenberg Traurig, LLP
Aug
20
2014
China’s Ministry of Commerce Promulgates Guiding Opinions on the Declaration for Concentration of Operators Subject to Summary Procedure (for Trial Implementation) Greenberg Traurig, LLP
 

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