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Explain the significance of the Supreme People's Court (SPC) decision in Hainan Zhonghe Group v. Hainan Meihao Real Estate Development (2017) which was a dispute
Explain the significance of the Supreme People's Court (SPC) decision in Hainan Zhonghe Group v. Hainan Meihao Real Estate Development (2017) which was a dispute over a project transfer contract.
Why was this SPC decision significant for Chinese contract law?
In your answer you must:
- fully demonstrate your understanding of Chinese contract law principles;
- provide a detailed explanation of the Court's reasoning in this case;
- analyze this decision's importance for contract law within the Chinese business environment.
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