China’s Yangtze River Delta aids private sector, reins in ‘profit-driven’ fines

Source: China – South China Morning PostEntrepreneurs and legal experts have welcomed a move by Shanghai and its neighbouring provinces of Jiangsu, Zhejiang and Anhui to regulate cross-regional market enforcement, saying it will offer relief from arbitrary inspections, overlapping investigations and profit-driven law enforcement.
The four jurisdictions have introduced China’s first mechanism designed to rein in cross-jurisdictional and profit-driven law enforcement, establishing a formal coordination framework to standardise…Read More

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