Shanghai property market revived?

I don’t have any supportative data for property market revival in Shanghai.

The day before yesterday, I went to Shanghai Pudong real estate transaction centre, and what I saw really surprised me.  There are so many people buzzing in the hall, and you have to admit that people are coming back into the market again. When the volume of deals increases, the…

A good point for drafting commercial contracts governed by Chinese laws

I am reviewing a real estate sale and purchase contract under which my client bought a villa house in Pudong Shanghai, China.  My client has paid a down payment up to almost RMB 5 million. Now because of real estate policies imposed by central government, the deal is doomed to fail. Thus, client wanted his money back but the developer, as others in the industry…

the dilemmas for expat employees in China

Recent two labor dispute cases in Shanghai I came to learn have further demonstrated the dilemmas that are faced by foreigner employees in China, which do not seem to be solved any time soon. Bear in mind, in this post, I discuss the dilemma for expat employees whose monthly salary is well above three times the average monthly salary (RMB 3896 in 2011) …

Nothing is impossible in China, you also think so?

It has been in place for some years from 2006 when China central government imposed restrictions on foreign individual or legal entities in buying properties in China, an move taken to rein in the then out of control price hike. This restriction is further reinforced in 2010 to the effect that each foreigner can only “buy” one piece of residential …