Tuesday, July 14, 2009
Here's a nicely paired set of posts from the China Law Blog:
1. Foreigners can often ignore their contractual obligations to Chinese companies, because Chinese companies (at least in some circumstances - read the post) have a strange reluctance to sue even where they'd almost certainly win.
2. Chinese companies can not ignore their contractual obligations to foreigners (or others), because Chinese courts really will enforce, with reasonable effectiveness, well written and not-too-complicated contracts.
I'm simplifying, of course; read the posts.