Volkswagen’s Strategic Collaboration with Xpeng: Advancing Electrification in China
Volkswagen Group announced a strategic partnership with Xpeng Motors in China to advance its electrification strategy.
Volkswagen Group announced a strategic partnership with Xpeng Motors in China to advance its electrification strategy.
In the first half of 2023, the domestic battery value chain companies in China secured a total of 58 orders, both domestic and international. Among these orders, electric vehicle (EV) batteries, energy storage systems, and raw materials constituted the major segments.
China’s Electric Vehicle Battery Market: A Growing Force in the Electric Mobility Revolution China’s electric vehicle (EV) industry has been witnessing remarkable growth, and at …
The first half of 2023 has witnessed considerable growth in China’s renewable energy sector. This report examines the official data released by the Chinese government on the installed capacity and power generation of various renewable energy types.
The first half of 2023 has shown a significant increase in the performance of the photovoltaic (PV) industry in China. This report provides an analysis of the industry’s performance during this period, focusing on the export and production volumes of PV products.
China’s auto exports reached an impressive 2.14 million vehicles during this period, representing a substantial year-on-year growth of 75.7%.
In 2020, the Supreme Court of British Columbia, Canada ruled to partially recognize a Chinese divorce judgment by recognizing the part on spousal support, but not the part on child custody and child support (Cao v. Chen, 2020 BCSC 735).
In 2020, a local court in Beijing ruled to recognize and enforce a monetary judgment (ordonnance) of the Commercial Court of Paris, France, marking the third time that Chinese courts have enforced French judgments.
This is also the first time that a Chinese court has recognized and enforced a foreign court judgment on an intellectual property case.
In the recognition and assistance procedures for cross-border bankruptcy cases, Chinese courts are attempting to provide guidance to the bankruptcy administrator to directly apply to foreign courts for recognition and assistance.
In 2022, the High Court of Justice, UK ruled to enforce two monetary judgments of local Chinese courts, confirming the enforceability of double default interest (Hangzhou Jiudang Asset Management Co Ltd & Anor v Kei [2022] EWHC 3265 (Comm)).
In 2023, the High Court of New Zealand ruled to enforce a judgment of a Beijing local court, marking the second time that a Chinese court monetary judgment has been recognized and enforced in New Zealand (BIN v SUN [2023] NZHC 436).
In 2023, a local court in Beijing ruled to recognize a German bankruptcy judgment in In re DAR (2022), marking the second time that Chinese courts have recognized German bankruptcy judgments, and the first time the de jure reciprocity – a new liberal test-being used in the enforcement of foreign judgments in China.
China is trying to reduce the cost of export refund for cross-border e-commerce enterprises, and actively support the development of new forms of foreign trade.
The Mainland Customs became the first AEO mutual recognition partner of the Macao Customs.
As of September 2019, Vietnamese courts have handled three cases involving the recognition and enforcement of Chinese arbitral awards and court judgments.
In 2017, the Hanoi High People’s Court of Vietnam refused to recognize and enforce a judgment made by China’s Beihai Maritime Court, marking the first known case in the field of China-Vietnam judgments recognition and enforcement.
It will impede the enforcement of this judgment in China, says the Ministry of Justice (MOJ). And the MOJ is not bluffing.
In 2022, the New South Wales Supreme Court of Australia ruled to enforce a judgment of a Shanghai local court, just before 12-year limitation period expires. It marks the fifth time for an Australian court to recognize and enforce Chinese monetary judgments (Tianjin Yingtong Materials Co. Ltd. v Young [2022] NSWSC 943).
Nigeria is a heterogenous society with a growing population of over 200Million and modified liberal legal frameworks that now allow foreign participations in the local businesses. The Bilateral trade volume between Nigeria and China has reached over $12.03 billion, this significantly places Nigeria as the number one trading partner to China in Africa. What factors that underpin the various procedures that allow Chinese the opportunity to participate in trade or business is what this exercise undertakes.