BEIJING (Reuters) - China's civil code pre-amble, expected to be passed next Wednesday by the National People's Congress, promises to address a number of legal questions:
- The pre-amble draft requires companies rights and obligations are determined in a "fair" and "reasonable" way. The previous principles only required "fairness". Some lawyers say this could mean companies and individuals are compensated at market rates if they are forced to move due to government re-zoning.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!