http://www.china-briefing.com/news/2008/08/06/guidelines-released-for-china%e2%80%99s-anti-monopoly-law.html Fri, 09 Jan 2009 14:23:22 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.china-briefing.com/news/2008/08/06/guidelines-released-for-china%e2%80%99s-anti-monopoly-law.html/comment-page-1#comment-18170 Chris Devonshire-Ellis Wed, 06 Aug 2008 07:34:46 +0000 http://www.china-briefing.com/news/2008/08/06/guidelines-released-for-china%e2%80%99s-anti-monopoly-law.html#comment-18170 The important thing in China about such laws, even though there has been much commentary elsewhere on the lack of implementing rules, is that they are on the statute. The Chinese are pragmatic enough to get them through through the State Council first, and see how the initial behavior and Chinese commercial reaction to the legislation is. Implementing rules are almost always issued later as a result of discerning which areas need tightening up - exactly the point Xinhua have made. The first step, and the most difficult, is always to get it into law. Modification once it is there is a far simpler issue to manage. The important thing in China about such laws, even though there has been much commentary elsewhere on the lack of implementing rules, is that they are on the statute. The Chinese are pragmatic enough to get them through through the State Council first, and see how the initial behavior and Chinese commercial reaction to the legislation is. Implementing rules are almost always issued later as a result of discerning which areas need tightening up - exactly the point Xinhua have made. The first step, and the most difficult, is always to get it into law. Modification once it is there is a far simpler issue to manage.

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