Wei Cui, Staff Member The U.S. and China are locked in an escalating trade battle in recent years. Before taking office in 2016, U.S. president Donald Trump has complained about China’s trading practices. [1] In 2017, the U.S. launched an investigation into Chinese trade policies.[2] Last year, the U.S. imposed tariffs on $ 250 billions…
Continue ReadingZihan Jiang, Staff Member Since U.S. President Donald Trump took office in 2016, he has complained about China’s trading practice.[1] In order to solve this problem, President Trump has imposed three rounds of tariffs on Chinese goods, totaling more than $250 billion dollars.[2] The duties covers a wide range of industrial and consumer items.[3] And…
Continue ReadingBy Jiang Bian, Staff Member On May 14, 2017, President Xi Jinping of China outlined plans to fund China’s One Belt, One Road (OBOR) initiative.[1] OBOR’s official name is “The Silk Road Economic Belt (“Belt”) and the 21st-century Maritime Silk Road (“Road”),”[2] and it is a global project seeking to coordinate trade routes on both…
Continue ReadingCooper Johnson, MJIL Staff Member In the past two years Anbang, a Chinese insurer, has paid $2 billion for the St. Regis in New York City and $6.5 billion for Strategic Hotels.[1] Most recently, Anbang was in a bidding war with Marriot for Starwood Hotels where Anbang bid as high as $14 billion before mysteriously…
Continue ReadingMenglu Zhang, MJIL Note & Comment Editor Crowdfunding is new, but growing rapidly. Research shows that by 2016 the crowdfunding industry is on track to account for more funding than venture capital.[1] In China, equity crowdfunding dominates this segment.[2] As the world’s second-largest economy with a population of more than 1.3 billion, China continues to…
Continue ReadingSignificance and Difficulties of Conducting FCPA Investigations in China[1] Yun Ling, MJIL Managing Editor Conducting a cross-border FCPA investigation is like walking in a maze comprising corporate code of conduct, local business customs, local laws and FCPA requirements. Because many documents and data are located in the local office, counsel in the US needs to…
Continue ReadingCara Tang, MJIL Articles Editor Before I started the J.D. program in Minnesota, I received my bachelor’s degree in law from Renmin University of China. During my time in the U.S., I always get the question on what the differences are between the two legal education systems. I’d love to write down some of my…
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