Subjects:

China, Other Jurisdictions

Contents:

Legal framework for foreign trade contracts. Agency. Validity. International contract terms. Termination. Disputes. Capacity of PRC enterprises. Formation. Obligations. Breaches and remedies. Proper law. Settlement.

Foreign Trade Contract Law in China offers a comprehensive account of foreign trade contracts under PRC law. As a result of the recent and rapid growth in China's international trade, foreign managers need to understand the import and export rules when dealing with their counterparts in the PRC. Knowledge of the specific drafting requirements and legal forms is an essential part of foreign trade transactions. * Provides explanation and guidance to the necessary procedures required to ensure that foreign trade contracts are valid under Chinese law.