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China Justice Observer

中司觀察

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Online Judicial Auction

Wed, 18 Dec 2024 China Legal Trends CJO Staff Contributors Team

In November 2024, China’s Supreme People’s Court (SPC) issued new guidelines to regulate online judicial auctions, emphasizing transparency in property disclosures, enhanced mechanisms for judgment debtors to self-dispose of auctioned assets, and improved supervision across all auction stages to protect parties' rights and streamline enforcement procedures.