NZ judge recognises Chinese court in $23m claim

Fri, 13 Nov 2020

A High Court judge has opened the door for a Chinese state-owned enterprise to enforce a $23 million judgment in New Zealand.Associate judge Roger Bell ruled that the body which awarded the sum to Chinese electricity firm Hebei Huaneng Industrial against DeMing Shi looked enough like a court for the Chinese SOE to continue proceedings here.The High Court at Auckland heard on Nov. 4 how Shi gave personal guarantees as part of a contract under which his firm, Boen Capital Co, supplied coal to the Chinese firm.After several hearings in China...

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