China: International Law

As tariffs reshape global manufacturing, China+1 strategies will dominate lending decisions for years to come. When manufacturers seek funding for second sites to diversify away from China, lenders face a critical question: are they backing genuine resilience or underwriting a fragile stopgap that could strain balance sheets and create nasty surprises for those committing capital?

Chinese President Xi Jinping recently hosted summits with both US President Donald Trump and Russian President Vladimir Putin, demonstrating Beijing's strategic positioning at the center of global diplomacy.

China's Maritime Code underwent its first comprehensive revision in over 30 years, introducing significant changes including expanded coverage of domestic coastal shipping, a new chapter on ship oil pollution liability, enhanced crew labor protections, and provisions for electronic transport records. The revision substantially raises liability limits for passenger transport and maritime claims while aligning with international conventions and addressing modern shipping digitalization needs.