China is attracting the attention of the world more and more now not only because of its second largest economy in the world but also its recent changes in its relations with the world. “The New Era” is the newest slogan of Chinese government showing its ambition for the future. Its changes in laws and policies including those affecting outbound investments and world trade and its one belt one road initiative will provide new opportunities and challenges to the lawyers in different regions of the world. This session will provide a broader picture from global perspective of the recent trends and the hot topic regarding China including outbound investment and issue of trade, trying to provide a vivid vision to the audience which goes beyond the specific legal issues in specialized legal areas. The discussion will focus on the opportunities arisen from changes of the market, the laws and policies as well as challenges from legal and cultural perspectives. The influence on the future of the market to global legal profession will be also discussed. Highlights of the Discussion: China and the World: a legal, market and cultural perspective • Chinese legal system and its recent changes • the recent interactive trends of China and the World • the interactive connection among market, law and culture • the opportunities and challenges ahead China’s Outbound Investment Trends from different perspectives • the recent changes of Chinese law and policy frame on outbound investment • the recent moves of Chinese outbound investment in different regions • the recent environment of the local law and policy towards Chinese investment • the key issues and challenges of Chinese investment in different regions • case study The Trade War between China and US: a legal perspective • the Chinese domestic law on foreign trade and key issues of trade war between China and US • the American domestic law frame on foreign trade and key issues of trade war between US and China • what issues arise concerning WTO from trade war? Forecast on the future of the trade war and its influences on market