China real estate market:how firm the hell it is?

I cannot help asking this question.

I have been bearish about China property market for long after the fanatic price hike in 2009, but it seems that I am always on the wrong side. But recent development and the common atmosphere felt turn me a bear again. Just now, a piece of news that Younger group (domestic giant garment/suit manufacturer) published an announcement …

the trouble of evidence discovery in Chinese litigation proceeding for foreign parties

To institute a lawsuit in China is set to be a big headache or even a nightmare for foreigners or foreign companies. There are many reasons for causing the headache: total ignorance of Chinese substantive and procedural laws, lack of trust in their lawyers hired, lack of confidence in Chinese juridical system and so on, among which the trouble in the cumbersome…

Legatees’ risk of losing legacy bequeathed on them under Chinese Inheritance Law

A client called me from Australia inquiring about her situation in inheriting a house in Shanghai, which is worth writing a post discussing the problem surrounding legatees under Chinese inheritance/succession laws.

Here are the facts of her situation: her deceased grandma left a will which bequeathed a house in downtown Shanghai on her; the Will was duly…

pre-registration in property sale/purchase in China — a tip for property buyers

The word “pre-registration” may be very confusing if not misleading for people who don’t know Chinese property law, as the word itself does not laterally match the real meaning it was meant to mean here.

The pre-registration system in Chinese property market had been in place for long before it was formally introduced and expanded in …

Industrial land/premises for transfer in Qingpu, Shanghai

A European corporate client has entrusted me to look out for potential investors who may be interested in taking up the factory and the underlying premises that are located in Huaxin Township, Qingpu district, Shanghai, China.

The client is a marble business operator that has run their business for more than ten years. In 2005, the client entered into a long …

non-competition clause in outsourcing deals

An American client recently complained that his Chinese OEM manufacturer in Shanghai is selling the products designed by him which is supposed not to happen pursuant to his understanding.

It is a small transaction where the American client asked the Chinese manufacturer to manufacture a new-model product designed by him. After the Chinese manufacturer …