Summary

Auction Law of the People's Republic of China (2004)

Article 58
⁠Where a client, in violation of the provisions of Article 6 of this Law, authorizes auction of articles or goods or property rights that he does not own or he has no right to dispose of according to law, he shall bear liability according to law. Where the auctioneer knowingly auctions articles or goods or property rights that the client does not own or has no right to dispose of according to law, he shall bear joint and several liability.
Source: Wikisource

Auction Law of the People's Republic of China (2004)

Article 34
⁠A bidder may take part in bidding by himself or authorize his agent to participate in it.
Article 35
⁠A bidder shall have the right to be informed of defects of the objects of auction and the right to inspect them and to have access to information pertaining to them.
Article 36
⁠Once a bidder bids for a price, it shall be irrevocable, and it shall lose its binding force as soon as another bidder offers a higher price.
Source: Wikisource

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