China (PRC) Latest Updates Determining dominant position in the cinema industryAward-winning Chinese movie director Feng Xiaogang hit the headlines recently when he got into an online flame war with Wang Sicong, whose father owns Wanda Cinema. Feng argued that his latest film, I am not Madame Bovary ... China (PRC) News China to trial ad hoc arbitration in FTZsChina is experimenting with ad hoc arbitration in its free-trade zones, with the goal of creating a dispute resolution regime that is faster, cheaper and more flexible. Law firms merge in ChinaChina's Guantao Law Firm headquartered in Beijing has announced its merger with Shanghai based law firm, Shenda Partners. The merger will create a law firm with over 460 lawyers in 14 cities including ... China (PRC) Articles and Reports China real estate: Windows of opportunity?It seems everyone’s building a bridge, villa, apartment complex, office tower or shopping mall in China these days and with the economy experiencing double digit growth there are great expectations for the sector. Melinda Finch considers whether they will be met. The shape of things to comeMelinda Finch considers what 2007, the year of the pig, holds in store for in-house counsel, private practice lawyers and their firms in the region. Where will the areas of opportunity be and what challenges can they expect to face? Employment Special ReportThroughout Asia, 2007 may be remembered as a year of significant labour law reform. While amendments may be symptomatic of the strength of the region’s economy as a whole, the changes are unique to the realities of the nations who have enacted them. Finance Special Report 2008Off the back of an extraordinary year of growth, modest economic expectations in the year to come are the current trend. Asian-Counsel provides a regional overview in addition to special features on Islamic finance in Japan, recent developments in Malaysian securities law and regulations and Islamic banking and finance regulations in the United Arab Emirates. Life Sciences Special ReportOffering huge potential for expansion and returns, almost every active economy in Asia is making efforts to actively develop a niche in the life sciences industry. In ‘Asia’s winning formula’ Asian-Counsel discusses how countries are positioning themselves to carve out niches in this area of living jurisprudence. The report also features expert articles focussing on particular developments in China, Japan, India and Singapore. To list or not to list? ... The Asian IPO questionOur Special Report on Initial Public Offerings discusses where remaining investor sentiment is heading in the region, and why some industries are likely to forge ahead with listings this year despite market uncertainties. With supplemental reports on the trends and developments in China, Japan and Korea. China (PRC) In-House Insights The sMart and the savvyDaniel Shih, Chief Ethics Officer, Senior Vice President and General Counsel for Walmart China juggles his legal functions and ethical obligations with crisis management on a day to day basis. Working at the world’s largest public corporation means that he has to adopt a risk-based approach to prioritise the issues and be ready and switched on at all times. Here he tells ASIAN-MENA COUNSEL how his career has arced its way through a myriad of fields including capital markets and telecommunications before landing this blue-chip role with the top Fortune 500 company. A ‘Bittersweet Symphony’Leaving behind a long-standing career as a private practitioner, James Jamison, moved in-house and joined Deloitte as General Counsel in 2011. Taking up the role against the background of a rapidly changing regulatory landscape which has seen China assert its national sovereignty in response to demands from US regulators, he describes his entry in-house as a ‘baptism of fire.’ 18 months in, his quest continues. He strives to find workable solutions and manage delicate situations with level-headedness and diplomacy with the help of a supportive legal network. Here Jamison tells us more about his day to day at one of the Big 4 accounting firms. Rules of engagementGang Xu, director and associate general counsel of Walmart (China) Investment Co Ltd, tells us what qualities he looks for when recruiting staff and appointing external counsel Ready for actionPeter Zhang, general counsel for Greater China with Sony Ericsson, discusses the ever-increasing importance of the in-house team. Windows of opportunityFengming Liu, Chief Legal Officer of Microsoft’s Greater China Region, shares the challenges facing his in-house team and reveals how the software giant will use the downturn to hire and develop legal talent.
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