Trade, investment and business collaboration between the Association of Southeast Asian Nations (ASEAN) and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is growing rapidly. Legal disputes are bound to arise and Hong Kong is perfectly placed as a litigation and dispute resolution centre.
Intellectual property (IP) trading helps comic books stay exposed in the market and maintain their popularity. Hong Kong comic company Culturecom has developed a licensing business by taking advantage of the popularity of online TV movies in Mainland China, generating more creative works across different media and extending the lifetime of their comic creations.
Hong Kong online will-writing start-up NobleWills seeks to make estate planning easy and accessible for everyone. Established in December 2021 by co-founders Sarah Ip, a qualified lawyer, and Brian MacPherson, a software developer, the company launched simultaneously in Hong Kong and Singapore and is already looking to expand its range of products and services. Ms Ip discussed the firm’s progress so far.
Each economy has its own legal system and traditions as well as trade practices. Hence, cross-boundary contracts by traders, where not regulated by a set of uniform rules, inevitably raise problems of conflict of laws in the sense that in each case it would be necessary to establish which of the various domestic legal systems having connection with the contract will actually apply to it.
The Office of the United States Trade Representative (USTR) on Monday 13 May issued a notice that formally proposes to establish an additional duty of up to 25% under Section 301 of the Trade Act of 1974 on nearly all remaining imports from Mainland China, which are valued at approximately US$300 billion.
Videos
Learn about latest market updates and insights to empower your business.