Dr Volker Pasternak of Freshfields looks at China’s new Price Law, hailed by some as an historic break with past economic practice.
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Don’t count on the pager
Mobile phones threaten pager sales in China, but the game isn’t up for what is the world’s biggest paging market. Technological developments are giving the pager a new lease on life.
Going for growth
China’s reformers have counted on high, sustainable growth to close the gap with developed economies. But the bigger picture is blurring as shorter term objectives close in Beijing is now looking for levels of growth that will carry the cost of reform itself.
Quest for modernisation
The municipal government of Guangzhou says it is determined to create a more efficient urban environment suitable for its increasingly prosperous and fashion-conscious residents.
PBOC takes action
In the light of fears about a possible devaluation of the Chinese currency, international law firm Freshfields takes a look at recent legislation affecting currency conversion.