Investment Update

Refinement, not revolution, in proposed changes to subsidies code


Minor changes which have been proposed to the subsidy disciplines of the WTO Subsidies and Countervailing Measures Agreement recognise that the existing Agreement is fundamentally sound, and reflect a widely held view that the interpretation and observance of the rules is a more important issue than what they say.


New competition law makes damages for dumping more likely


Radical last-minute changes to amendments to the Trade Practices Act 1974 (“the Act”) present new risks for foreign companies exporting products to Australia at below cost prices, and significant opportunities for Australian industries facing such “dumping”.


American in Shanghai


A US firm may have navigated a way around restrictions on foreign laws firms practising law in China says Jun Wang. But the venture may yet run aground McDermott Will & Emery (MWE), a global legal firm founded in Chicago, has chosen a different way of entering into China.