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All hands on deck

The ancient Roman philosopher Seneca once observed: ¡°If one does not know to which port one is sailing, no wind is favourable.¡± In 2026, the winds of global commerce are blowing with an unpredictable ferocity, making the need for a clear legal compass more critical than ever. For decision makers and general counsel, it is now all hands on deck to navigate a transformative era for Chinese commerce.

This issue¡¯s cover story, titled Ship shape?, dives into the first major revitalisation of China¡¯s Maritime Code since 1992, a legislative rebirth that arrives just as the echoes of conflict in international waters underscore the urgent need for a modernised legal roadmap. We explore how this sweeping overhaul, taking effect on 1 May 2026, finally bridges the decades-old divide between domestic coastal carriage and international shipping. By introducing statutory exemptions, including the navigational fault exemption for domestic carriers, the new code offers a significant dividend, yet presents a fundamental conflict for those caught in the transition between legal frameworks.

The necessity of such legal precision is underscored by the current volatility in the Middle East. In Strait jacket, we move the focus to the geopolitical storm currently unfolding. As the crisis in the Strait of Hormuz disrupts the global energy supply, legal teams are finding that standard boilerplate protections are no longer sufficient. We speak with experts from across Asia who are currently re-engineering force majeure clauses to ensure their clients are not paralysed by a conflict that shows seemingly no signs of receding.

While navigating external crises requires tactical agility, long-term success is built on the foundation of elite partnerships. This issue, we are proud to present our China Business Law Awards 2026. This comprehensive recognition of excellence highlights the Chinese and international firms that have stood out across 27 practice areas and 15 industry sectors in the past year. In a market defined by rapid regulatory shifts and heightened cross-border scrutiny, these winners represent the ¡°gold standard¡± for counsel who can deliver results under pressure.

Yet, the relentless pace of today¡¯s legal environment can take a heavy toll on the individuals behind the deals. In Beating burnout, we pivot from the technical to the personal, and pull back the curtain on how some of the most prominent names in the industry maintain their stamina. Whether through the meditative calm of a tea ceremony, the discipline of competitive sport, or the grounding support of family, these leaders share how they replenish the inspiration required to stay at the top of their game in an increasingly demanding world. Their stories remind us that even the sharpest legal minds need a harbour to recharge, a lesson as valuable as any legal update in this turbulent era.