China Economic ReviewJustice minister Zhang Fusen has announced the introduction of a unified law examination. It is intended to improve professional and educational standards in a system where only half the 110,000 lawyers working in China hold law degrees. The first examination will be held at the end of this month. By mid-February, more than 360,000 future […]
China is pushing ahead with sweeping changes to the airline industry that will lead to the creation of three big groups. However, not all the participants in the process are happy about their prospective partners.
The liberalisation of the distribution and trading rights regime post-WTO means that foreign investors will be able to participate more easily in the wholesale and retail sectors. As bureaucratic steps are cut out of the process, distribution should become a more efficient process.
The difficulty of producing accurate research on China is a persistent problem, particularly for non-specialists. The country’s half-reformed statistical system measures categories with which Westerners are not familiar. Methodologies are weak – leading to frequent double counting – and explanations of how such methodologies are arrived at are either only published in obscure Chinese texts or are non-existent.
The plan to merge China A-share is going nowhere, and so are Shenzhen’s hopes to establish a high-technology board in the ciry.