In international trade, the disappearance of goods at Chinese ports raises questions about the party responsible for the loss. When goods arrive safely at a Chinese port but mysteriously vanish before the customer can claim them, who bears the burden of the resulting losses?
If you find yourself in a situation where a Chinese debtor owes you money in a foreign currency like USD, EUR, or JPY, it’s crucial to understand how default interest is calculated in Chinese courts.
Enforcement of default interest awards from foreign arbitral tribunals in China is possible if the arbitration rules give the tribunal discretion to award default interest, and a recent case demonstrates that Chinese courts will support such claims even in the absence of a specific contractual clause on the payment of default interest.
Can I sue Chinese companies in Australia and then enforce an Australian court judgment in China?
When confronted with a situation in which the Chinese seller in a steel trade contract seeks to terminate the agreement or increase prices due to their supplier raising costs, several essential steps can be taken to address the issue.
The costs of translation, notarization and authentication of the application documents are borne by the applicant itself.
Chinese courts can serve you with the court papers by electronic means, such as e-mail, as long as you have so agreed and it is not prohibited by your country.
Preventing the purchase of old or substandard steel products in the steel trade requires implementing a comprehensive quality control process and due diligence measures.
The answer is YES. If a judicial administrator, liquidator or bankruptcy administrator has been appointed for you by a court or other competent authorities in your country, such administrator will represent your company in litigation in China.
This guideline provides a comprehensive framework for buyers to perform due diligence on Chinese sellers before committing to contracts or making advance payments. It address common red flags such as customer complaints, fraudulent companies.
In 2018, the Supreme Court of British Columbia, Canada refused to give a summary judgment in favor of a Chinese judgment creditor on the ground of finality (Xu v Yang, 2018 BCSC 393).
Because it is fair to both sides.
To guarantee that Chinese traders have legitimate ownership of the products they stock in the international steel trade, it is crucial to implement the following measures.
Cross-border purchasing of automobiles from China can sometimes lead to disputes between foreign buyers and Chinese sellers due to various reasons.
Engaging in thorough research and taking precautionary measures can safeguard buyers from potential fraud and ensure they acquire legitimate vehicles.
Overseas enterprises may enter into leasing contracts with Chinese enterprises to export goods to China by way of leasing.
Ensuring that Chinese traders have the ability to deliver in the steel trade from China is crucial to avoid potential disruptions and non-performance. Here are some steps you can take to assess the ability of traders to deliver.
This article offers a comprehensive guide with expert insights on how to make well-informed decisions and protect their interests when buying cars from China.
Ensuring the smooth functioning of international steel trade with Chinese traders is of paramount importance to avoid disruptions and non-performance. To achieve this, various steps can be taken to assess the ability of traders to deliver.
Guangzhou IP Court Accepts First Cross-Border E-commerce Dispute of Abusing Market Dominance by Overseas E-commerce Platform Guangzhou Intellectual Property Court recently registered its first cross-border …