China’s offshore push: Linklaters picks up high-profile mandates

Linklaters continues to leverage its relationships with Chinese banks and corporates, winning four high-profile capital markets mandates as the country internationalises its economy.

With China looking to open up an offshore renminbi debt market, Linklaters won the race to handle the People’s Bank of China debut international bond sale, a move that will act as a calling card for Chinese mandates in the future.

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‘A Chinese firm for Chinese clients’: Michelmores supports first UK launch by Chinese-owned law firm

YangTze Law has become the first wholly Chinese-owned law firm to launch in London, targeting Chinese corporates investing in Europe as China’s outbound direct investment overtook investment into the country for the first time earlier this year.

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Bakers to practise Chinese law through Shanghai joint venture

Baker & McKenzie last month gained permission to practise local law in China through a joint operation with FenXun Partners.

The firm achieved the entry through a first-of-its-kind joint venture with local firm FenXun in the Shanghai free trade zone. Founded in 2009, FenXun, which is focused on providing corporate and finance advice, currently has offices in both Beijing and Shanghai, and has around 20 lawyers, including five partners.

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‘Seizing new market opportunities’: Bakers gets first joint operation licence to practise Chinese law

Long held at arm’s length by protectionist regulators, Baker & McKenzie has become the first international law firm to get permission to practise local law in China in a joint operation with Chinese firm FenXun Partners.

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Succeed or fail, the merger talks between China’s Zhong Lun and Jun He are something of a game changer

With the weight of economic power widely-regarded to be shifting east, a tie-up between Chinese merger talks partners Zhong Lun and Jun He would give the merged entity unrivalled breadth in the People’s Republic of China (PRC) and beyond, although UK partners say they have no immediate concerns that the firm would be competing with them for deals on the world stage. Continue reading “Succeed or fail, the merger talks between China’s Zhong Lun and Jun He are something of a game changer”

More news from Asia – Clydes first to enter South West China under JV deal

Long a trailblazer in the insurance sector, Clyde & Co has now become the first international law firm to launch in southwest China after setting up a joint law venture (JLV) in China with local practice West Link Partnership in Chongqing.

Clydes this week became the first among its peers to launch an office in South West China after local regulators permitted the London-headquartered practice to form an association with West Link.

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Ropes & Gray lands marquee role in GSK Chinese bribery investigation

Even in an age in which corporate investigations have become some of the most sought after work for legal advisers, Ropes & Gray has secured a notable role with the US law firm instructed by GlaxoSmithKline (GSK) to lead an investigation into claims that some staff in the pharma giant’s Chinese operations engaged in bribery.

Chinese authorities have arrested four GSK executives, including senior Chinese legal counsel Zhao Hongyan, amid allegations that GSK staff have attempted to bribe doctors to use the company’s medication. Continue reading “Ropes & Gray lands marquee role in GSK Chinese bribery investigation”