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Recently, Asian Legal Business released the list of China Law Awards 2018. With our outstanding marketing performances and good reputation received by clients, Guantao was nominated for the following awards:

- Debt Market Deal of the Year: China Communications Construction Company issued exchangeable bonds

- Project Finance Deal of the Year: China Development Bank's USD 4.5 billion financing on Indonesian Jakarta-Bandung high-speed railway project

- Anti-Trust & Competition Law Firm of the Year

- Insolvency & Restructuring Law Firm of the Year

- International Arbitration Law Firm of the Year

- Private Equity Law Firm of the Year-China

- Real Estate Law Firm of the Year-China

- Shipping Law Firm of the Year

- Beijing Law Firm of the Year

- Managing Partner of the Year: CUI Liguo

On 19 April 2018, finalists of ALB China Law Awards 2018 were released. China Development Bank's USD 4.5 billion financing on Indonesian Jakarta-Bandung high-speed railway project, completed by Guantao and Ashurst, won the Project Finance Deal of the Year. Ms. Xu Ling and Ms. Chen Zhongye, partners of Guantao Beijing office, attended the award ceremony.

This project is a major harvest in the early phase of the Belt and Road Initiatives and a remarkable project of practical cooperation between China and Indonesia. The signing of agreement embodies that the first deal of Chinese high-speed railway has entered the implementation stage under “Go Global Strategy”. Guantao advised CDB on PRC legal issues throughout the whole transaction, including but not limited to Chinese shareholder’s guarantee and undertakings, Chinese sponsors’ commitment letter, Chinese sponsors' support, facility agreement, foreign exchange control and cross-border dispute resolution.

Since 2008, Guantao has been nominated for and won numerous ALB awards for several years. ALB is an Asia-Pacific media group targeting legal professionals and one of the most authoritative legal magazines in Asia-Pacific region. China Law Awards honors leading law firm, outstanding general counsel and deal of last year. It has become one of the most influential awards in Chinese legal community.