Legal

People walk past skyscrapers in the central business district in Beijing, China, on 24 November 2020. (Greg Baker/AFP)

Pick a side: China will counter US sanctions with lawsuits

China’s Ministry of Commerce recently released new rules targeted at blunting the suppressive impact of the US’s long-arm jurisdiction statutes on Chinese companies. The method, however, looks likely to put stress on third-party companies supplying to Chinese companies. Would this be a case of cutting off the nose to spite the face?
A soldier wearing a face mask gestures outside the Forbidden City in Beijing on 22 October 2020. (Nicolas Asfouri/AFP)

Will Beijing roll out a 'national reunification law' targeting Taiwan?

A poster released by the Taiwan Affairs Office of the State Council and a question by a Xinhua reporter sparked speculations of a possible “national reunification law”. Will Beijing roll out such a law targeting Taiwan, and would it set a timeline for “military reunification”? Zaobao associate editor Han Yong Hong examines the issue.
Huawei CFO Meng Wanzhou leaves her home to appear in Supreme Court for a hearing in Vancouver, British Columbia, Canada, 26 October 2020. (Darryl Dyck/Bloomberg)

Huawei's Meng Wanzhou: Can Canada rectify a bad start?

The arrest of Huawei’s CFO Meng Wanzhou in Vancouver in December 2018 brought China-Canada relations to an all-time low. But the recent round of hearings in which the Canadian judge agreed to admit new evidence may turn things around. Hong Kong academic Wang Jiangyu says that China might now be getting their hopes up that Canada will not simply do the bidding of the US.
Huawei CFO Meng Wanzhou leaves her home to appear in Supreme Court for a hearing in Vancouver, British Columbia, Canada, on 29 October 2020. (Darryl Dyck/Bloomberg)

The waiting game: Will Huawei's Meng Wanzhou return home soon?

Huawei CFO Meng Wanzhou has been living in limbo since she was detained in Vancouver on the back of an extradition request from the US in relation to bank fraud charges. A Canadian judge ruled last week that part of Meng’s statement had an “air of reality” and that she was entitled to providing some additional evidence “to a limited extent”. Does this signal an upward momentum for Meng’s lawyers to overturn the US’s extradition request? Much would depend on seemingly extraneous factors such as the outcome of the US presidential race, says Beijing correspondent Yang Danxu.
People pass an electronic stock board at The SGX Centre on 12 March, 2020. (SPH)

Singapore vs Hong Kong: Who will benefit more with greater legal market opportunities from US-China competition?

In the context of China-US competition, US-listed China concept stocks companies may find it advantageous to get secondary listings on the Hong Kong or Singapore stock exchange. US companies may also veer towards Singapore and Hong Kong when it comes to international arbitration cases. In the final analysis, will Singapore or Hong Kong have the edge?