The Chinese Ministry of Commerce (Mofcom) has done a complete reshuffle of its legal panel awarding nine international law firms first time places on the investments panel. Among these firms include magic circle firms. Other firms were not so lucky and Dechert, Herbert Smith Freehills and Mayer Brown were among the group that were dropped from the legal panel reshuffle.
Fifteen Chinese law firms have also been newly selected for the panel making the total number of domestic and international firms 25 and 35 respectively. This is a slight increase from the total number two years previous where there were 23 Chinese firms and 31 international firms on the panel.