Directors of foreign companies can sign contracts with Chinese counterparts, and the absence of the foreign company’s stamp won’t invalidate the contract, except in cases where specific agreements or the foreign company’s articles of association impose restrictions on the directors’ signing authority.
One of the critical aspects to consider is including provisions that allow you to claim back the advance payment in case the seller fails to deliver as agreed.
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.
Can I sue Chinese companies in the UK and then enforce a British judgment in China?
This post delves into the workings of deposit account services in the context of international steel trade and highlights the benefits they offer to both buyers and sellers.
The solar industry in China has witnessed a series of competitive technological races that have shaped its evolution.
The official ranking for the Top 20 global photovoltaic (PV) silicon material companies in 2023 has been unveiled, based on their silicon material production capacity for the entire year of 2022.
China is a major producer and exporter of lithium battery products. However, lithium batteries are classified as hazardous goods due to the potential risks of fire and explosions during transportation.
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.
On September 5, 2023, Tesla (Shanghai) Co., Ltd. took legal action against IceZero Intelligent Technology for alleged “infringement of trade secrets and unfair competition.”
While China initiated EV subsidies earlier than many other countries, a closer look reveals that the extent of these incentives lags behind that of Europe and the United States.
Can I sue Chinese companies in New Zealand and then enforce a New Zealand judgment 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.
Chinese automakers have actively engaged in this anti-subsidy investigation, involving professional advisory teams from the outset.
