Regime to let Hong Kong firms forge China alliances; but foreign firms may yet lose out
December 03, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
China has unveiled details of reforms that will next year ease tough restrictions on the country’s legal market – while raising fears that the programme offers few concessions to foreign firms.
The reforms were published on 30 November by the Ministry of Justice. For the first time they allow Hong Kong firms to form exclusive alliances with mainland Chinese firms, and offer coveted practising rights to Hong Kong lawyers.
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