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  • Before China can improve the effectiveness of foreign investment and restructure its state-owned industries it must first reform its asset appraisal industry, writes Steven Blayney, White & Case, Hong Kong
  • Two Danish firms are merging to knock 80-lawyer Kromann & Munter from its position as the country’s largest firm.
  • UK firm SJ Berwin is to open an office in Madrid as the next stage of its European expansion programme.
  • Supervision of fiancial conglomerates
  • Bermuda-based Tyco, one of the world’s leading underwater telecommunications providers, is to buy Raychem, a US company that designs, manufactures and distributes electronic components, for $2.87 billion
  • British telecoms company Cable & Wireless (C&W) has bought Japanese telephone business International Digital Communications (IDC) in the country’s first successful hostile takeover.
  • The presence of major international firms is stirring up competition in the Dutch market. Ben Maiden reports on the mergers, alliances and partner poachings which characterize the new Dutch legal market
  • At the start of June, the Commission published its Annual Report on Competition Policy
  • Japan’s Long-Term Credit Bank (LTCB) is selling $11 billion-worth of loans to the GE Capital Corporation, a US financial services group
  • Belgian firms are no longer content to remain isolated domestic practices. The merger of Liedekerke and Schlitz Linden highlights their international aspirations. Ben Maiden reports from Brussels