In yesterday’s post (How To Succeed When Taking Your Company Overseas) I briefly mentioned one of the most common problems companies face when going international: having a foreign entity when you do not really need one (and relatedly, having the wrong type of foreign entity, which I will discuss in a future post). This mistake
Most China watchers have spent the past three months trying to decide what a Biden Presidency means for U.S.-China relations. And over the past week, some China watchers also have been watching as mainland Chinese users flocked to discussions on the Clubhouse app, seemingly without sparking concern among Great Firewall monitors. That brief window into
Lately we have seen an uptick in international M&A work – some of it from China, some of it to China, some with other China alternative countries, like India and Malaysia, and some of it within the U.S. relating to U.S. subsidiaries owned by foreign companies. This increase coincides both with the world partially thawing
Contents of this Article: Confirm Legality Create a Contract Protect Your Intellectual Property Comply With Export Control Laws Understand Employment Laws Comply With Tax Rules Lawyers love checklists, and we international business lawyers are no exception. Me, I love clients, not only because they are the lifeblood of my law firm and thus my livelihood,
A few weeks ago, in Hong Kong’s Saddest Day, we echoed legislator Tanya Chan’s sentiment after China’s rubber-stamp National People’s Congress announced it would enact national security legislation for the city. As sad as that fateful May 21 was, we warned “the days ahead could be much sadder” for Hong Kong. Unfortunately, that prediction has
Contents of this Article: How the new Foreign Investment Law will change intellectual property rights for foreign companies in China Overview of foreign direct investment (FDI) protections for intellectual property rights (IPR) in mainland China FDI Reform: the New National Statute Will Overhaul Current FDI Protections for IPR The FIL Overhaul Will Maintain and Build
Hello Macau, goodbye Hong Kong. This has been the main theme surrounding Chairman Xi Jinping’s visit to Macau to mark the 20th anniversary of the former Portuguese colony’s transfer of sovereignty to China. Besides sending a not-so-subtle message to “bad student” Hong Kong, Xi is “expected to announce new policies aimed at diversifying the casino
No sooner than President Trump signed the Hong Kong human rights and democracy act into law, China announced retaliatory measures, banning U.S. warships from Hong Kong and restricting the work of American NGOs. These responses were narrowly tailored—perhaps in part because China is wary of rocking the boat too much, in a way that could
The numbers coming out of China continue to amaze. There are 855 million digital consumers in China and they have more than twice as many internet users as the US has people. The Chinese are spending an average of 358 minutes per day online. They spend 8% of their online time streaming video content. A
This blog has not minced words when it comes to describing the grim situation in Hong Kong, which, as one of my former colleagues at the State Department puts it, “will get worse before it doesn’t get better.” Signs of Hong Kong’s demise as an international business center are plentiful. The city is in recession.
