Legal

Cree Turns to ICC to Resolve Dispute With Chinese LED Component Maker

Cree Turns to ICC to Resolve Dispute With Chinese LED Component Maker

Cree Inc., a US producer of light-emitting diodes and other lighting products, has asked the International Chamber of Commerce to…

Apr 16, 2018
Tang Shihua
Baidu Responds to Toutiao Lawsuit, Says It Won’t Fix Plaintiff’s Development Woes

Baidu Responds to Toutiao Lawsuit, Says It Won’t Fix Plaintiff’s Development Woes

Search giant Baidu Inc. has responded to a lawsuit filed by the firm behind China’s widely-used news aggregator Toutiao, saying…

Jan 31, 2018
Dou Shicong
[Exclusive] China Plans International Commercial Courts for Belt and Road Dispute Resolution

[Exclusive] China Plans International Commercial Courts for Belt and Road Dispute Resolution

China aims to bring in a new dispute resolution system for its Belt and Road Initiative as the country’s firms look to ratchet up overseas investment, an anonymous source told Yicai Global.

Jan 25, 2018
Guo Liqin
 Shandong Longlive Faces Liquidity Shortage After Banks Freeze USD673,000

Shandong Longlive Faces Liquidity Shortage After Banks Freeze USD673,000

Authorities have frozen CNY4.4 million (USD673,000) across eight of Shandong Longlive Bio-Technology Co.’s bank accounts due to repayment defaults, even…

Dec 27, 2017
Liao Shumin
Investor Sues LeSports Executives for Allegedly Illegal USD600 Million Loan to Parent Firm

Investor Sues LeSports Executives for Allegedly Illegal USD600 Million Loan to Parent Firm

Leshi Holding Beijing Co., the cash-strapped conglomerate known as LeEco, has found itself embroiled in yet another legal battle as…

Dec 15, 2017
Dou Shicong
County Court Adds Liaoning’s Former Richest Man to ‘List of Dishonest Persons’

County Court Adds Liaoning’s Former Richest Man to ‘List of Dishonest Persons’

Liaoning Province Panshan County People’s Court has labeled Yang Kai, chairman of China Huishan Dairy Holdings Co. [HKG:6863] and last…

Dec 13, 2017
Xu Wei
Shanghai Fines China-US Pharma Firm for Bribing Doctors

Shanghai Fines China-US Pharma Firm for Bribing Doctors

The Shanghai Administration for Industry and Commerce has fined biopharmaceutical firm Sino-American Shanghai Squibb Pharmaceutical Co. CNY100,000 (USD15,200) for bribery…

Dec 4, 2017
Xu Wei
Hisense Hits Back at Sharp’s US Patent Lawsuit, Files Its Own Claims in China

Hisense Hits Back at Sharp’s US Patent Lawsuit, Files Its Own Claims in China

Chinese television set maker Hisense Electric Co. [SHA:600060] has filed lawsuits against Japan’s Sharp Corp. [TYO:6753] in China as the…

Dec 1, 2017
Dou Shicong
China Looks to Amend Environmental Law to Tackle Nearly 70 Million Tons of Industrial Solid Waste

China Looks to Amend Environmental Law to Tackle Nearly 70 Million Tons of Industrial Solid Waste

Environmental departments in China are suggesting revising the law to control pollution and manage waste disposal as the nation’s stockpiles…

Nov 2, 2017
Dou Shicong
CSRC Orders Hithink RoyalFlush to Take Corrective Action After Selling Funds Illegally

CSRC Orders Hithink RoyalFlush to Take Corrective Action After Selling Funds Illegally

The Zhejiang bureau of the China Securities Regulatory Commission (CSRC) has ordered Hithink RoyalFlush Fund Sales Co., a subsidiary of…

Nov 1, 2017
Liao Shumin
HKEX Writes Up Sunac Chairman Sun Hongbin for Failing to Disclose Side Deal in 2015

HKEX Writes Up Sunac Chairman Sun Hongbin for Failing to Disclose Side Deal in 2015

The Stock Exchange of Hong Kong Ltd. has censured Sun Hongbin, chairman of property giant Sunac China Holdings Ltd. [HKG:1918],…

Oct 27, 2017
Tang Shihua
CFDA Drafts Law Allowing It to Slap 10-Year Industry Ban on Drug Data Fraudsters

CFDA Drafts Law Allowing It to Slap 10-Year Industry Ban on Drug Data Fraudsters

The China Food and Drug Administration has published a draft of amendments to the country’s Drug Administration Law and opened it up to public comment

Oct 26, 2017
Tang Shihua