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Hogan Lovells is looking at forming an association with a Chinese firm in the Shanghai free - trade zone (FTZ), according to Asia - Pacific managing partner Patrick Sherrington.

Patrick Sherrington discusses the Shanghai free - trade zone and outlines plans to grow in Australia, rebuild in Singapore and boost the Asia corporate practice

Linklaters is planning to launch a practice under the Shanghai Free Trade Zone (FTZ) regulations within the next 12 months.

Baker McKenzie FenXun (FTZ) Joint Operation is the first international firm to be granted a joint operation licence in the Shanghai Free Trade Zone (FTZ), jointly established in 2015 by international law firm Baker McKenzie and PRC law firm FenXun Partners.

In 2016, HFW entered into a formal association with Chinese law firm Wintell & Co, becoming only the second international law firm to secure a local alliance under the Shanghai Free Trade Zone rules.

Ashurst has launched a joint operation office in the Shanghai Free Trade Zone (FTZ) with Chinese «best friend» firm Guantao Law Firm, making it the fourth global player to gain Chinese law capabilities via the four - year - old scheme.

The joint operation with FenXun Partners, which is government by the laws of the Shanghai free trade zone, means the two firms can work more closely together to provide clients with a one - stop shop for both Chinese and international law advice.

The opening of the Shanghai Free Trade Zone last September helped lift that ban.

One of the reforms was to lift the ban on console sales and so the Government created a trial period where they would allow games consoles to be made within the Shanghai free trade zone to be distributed across China, subject to standard local inspections on multimedia goods.

Earlier this week, the company said it had formed a joint venturewith a local Internet TV company in the Shanghai free trade zone.

The development of the Shanghai Free Trade Zone, coupled with the exponential growth of a tradeshow like Pet Fair Asia — which will be held Aug. 27 - 30 at the Shanghai World Expo Exhibition & Convention Center — provide great opportunities for North American brands to develop their business in new territories.

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By contrast, a proliferation of pilot schemes, such as the Shanghai Free Trade Zone trumpeted as a laboratory for sweeping financial market reforms, could signal a lack of political consensus to roll out the changes on a national scale.

«Given China's preeminent role in the international energy markets, the huge interest generated by the Shanghai Free Trade Zone and the price differential between onshore and overseas energy markets, the establishment of INE as an international trading platform will have considerable significance both globally and regionally,» Linklaters says.

The new International Energy Exchange (INE) in the Shanghai Free Trade Zone has admitted more than 150 Chinese futures companies and is registering foreign firms to trade an oil - futures contract denominated in renminbi, according to a client bulletin from Linklaters in Hong Kong.

The development of the Shanghai Free - Trade Zone has become a benchmark for monitoring renminbi liberalization and internationalization, it says.

Tesla (tsla) seems likely to benefit from the new move, as it has shunned the joint venture option — its insistence on going it alone in China, with a production facility in the Shanghai free trade zone, seemed certain to earn it that 25 % price bump, but no longer.

The most populous nation on earth instated the ban in 2000 for fear of corrupting its youth, but will now allow for distribution of consoles in the Shanghai Free Trade Zone — a 29 - square - kilometer testing ground for new economic reforms established last year.

A second and wider - reaching development is a scheme to allow the yuan and other foreign currencies to be freely traded with few restrictions by firms in the Shanghai Free Trade Zone (FTZ).

While Australian companies in some of these industries are restricted to setting up shop in the Shanghai Free Trade Zone, others, such as hotel chains and operators of care homes, can do business anywhere in China.

Not exact matches

This summer, KFC opened the world's first human - free fast food restaurant in Shanghai, reported Digital Trends.

KFC, in partnership with Chinese search engine giant Baidu, has just opened the world's first human - free fast food restaurant in Shanghai, reports SoHu.

PetroChina Co Ltd is one of its favourites: with a free - float of only 2.4 per cent but a weighting of more than 6 per cent of the Shanghai Composite Index.

While Tesla owners are not eligible for those subsidies because the cars are foreign - made, the city of Shanghai offers free license plates for all electric car brands, saving drivers around $ 12,000 in fees.

Despite their free - market image, the Shanghai exchange and a smaller second exchange in Shenzhen, near Hong Kong, have so far been used mostly to raise money for state industry.

The volume of all contracts on the Shanghai Gold Exchange (SGE), including those in the city's free - trade zone, was 12,077 metric tons in just the 10 months to October, compared with 11,614 tons during all of 2013, according to data on the bourse's website.

Shanghai's pilot free trade zone, initiated last September, is about 11 square miles and covers four existing special trade zones in the city's Pudong district, including one near the Pudong airport.

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Gluten free Shanghai is a group that supports coeliacs or are gluten intolerant.

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The medical helicopter was unable to land at the FIA's designated hospital in Shanghai, meaning much of Friday's free practice sessions were disrupted with no real running at all in FP2.

Lille In: Ibrahim Amadou (Nancy, E2m), Eric Bautheac (Nice, E2m), Renato Civelli (Bursaspor, Tur, free), Baptiste Guillaume (Lens, E4m), Sehrou Guirassy (Laval, E0.5 m), Mounir Obbadi (Monaco, free), Stoppila Sunzu (Shanghai Shenhua, Chn, loan), Junior Tallo (Roma, Ita, undisclosed) Out: Jonathan Delaplace (Caen, undisclosed), Abdoulay Diaby (Club Brugge, Blg, undisclosed), Idrissa Gueye (Aston Villa, Eng, E10m), Simon Kjaer (Fenerbahce, Tur, undisclosed), David Rozehnal (Oostende, Blg, free), Nolan Roux (Saint - Etienne, undisclosed), Adama Traore (Monaco, E14m)

But what seemed plain enough from that Monaco game where Chelsea were simply torn apart by Falcao, Atletico Madrid's Colombia centre forward, was that the summer transfer policy has gravely weakened the team defensively, while the decision to allow the dreadnought centre forward Didier Drogba to depart, on a free transfer to Shanghai Shenhua, has much diminished the forward line in which Fernando Torres, his form so unpredictable, imposes a radically different and less effective pattern on the attack.

OUT: Jose Bosingwa — released, Didier Drogba (Shanghai Shenhua)-- free, Salomon Kalou (Lille)-- free, Romelu Lukaku (West Brom)-- loan

Last season Mikel turned down a move to Shanghai Shenhua opting to remain with Chelsea, where he would be a free agent next summer, a condition that gives him the authority to talk to interested clubs in January.

Levante In: Nabil Ghilas (Porto, Por, loan), Verza (Almeria, free), Ruben (Almeria, free) Out: Mohamed Sissoko (Shanghai Shenhua, Chn, free)

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