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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: TobagoJack who wrote (54279)9/1/2009 1:20:38 AM
From: Snowshoe  Read Replies (2) of 217802
 
>>chinese law dictates that all enterprise contracts must be counter-signed by company legal representative, usually its chairman, in order to be valid, and law also dictates that all commodity sale/purchase contracts (as opposed to framework agreements with annual price adjustment) cannot be longer than a year in duration.<<

So will Chinese companies be required to return any profits they made on these "invalid" contracts? ;)

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