September, 2020 - China’s new Civil Code and its impact on shipping
- Date: 10/09/2020
The new China Civil Code (CCC), which will come into effect on 1st January, 2021 introduces significant changes to various sectors of Chinese law and will impact those doing business in China. In this article, we look at some of the potential impacts that on shipping.
The most extensive legislation in Chinese history, the CCC is an amalgamation and replacement of a number of key existing civil laws. In addition to matters of private property, contracts, privacy, marriage, family and inheritance, the CCC will also extend to maritime matters not expressly regulated by the 1993 China Maritime Code (CMC).