Getting Ahead Of China's 3 R's

Law360, New York (August 6, 2012, 1:01 PM EDT) -- For more than a decade, car manufacturers and dealers in China have been haunted by the draft regulation on the responsibilities for the repair, replacement and return of domestic use vehicle products, known as the “Three R's Regulation.”

It was first proposed in 2001 and since then, both domestic and foreign automotive manufacturers as well as dealers have opposed the draft in a rather unanimous front. The regulation is in fact very consumer-friendly and imposes heavy obligations of replacement or refund, while such obligations do not...
To view the full article, register now.