Every few months our China lawyers get a call from someone wanting to shut down their China WFOE (Wholly Owned Foreign Entity). These calls usually come from companies that have been in China for a long time (average time, maybe ten years). Their reasons for seeking to leave China are all over the map, but
Got an email from an attorney/client/friend yesterday with a link to an IndustryWeek Article (Why Is China Cheaper?) and a note saying that I needed to give this “CLB’s dumbest article of the month award.” We do not actually have such an award (should we?) so for that reason alone, it is not in contention.
I have certain articles I send clients and potential clients in response to their questions about China manufacturing. One of my favorites (and the one I send when anyone asks a question relating to what it is like dealing with a Chinese factory) is Ok, so it doesn’t meet your standards….so what? because it so
I love it when my wild assertions are proven right. I am always writing about how terrible the service is at China’s hotels and restaurants and I have often posited that service in China is the worst in the world. In “Win-Win Negotiating In China,” I lit into China for its service and compared it
A new client of ours from Spain recently sent us an article and asked whether it made “good sense” for both China and Mexico. My response was, “yes, it most certainly does ” The article [link no longer exists] nicely lays out the following “surefire steps to ensure you work with a factory that can
I just finished reading Troy Parfitt’s book, Why China Will Never Rule the World, and as I always do when I finish a China book, I read other reviews before writing my own. Peking Duck’s excellent review has convinced me not to really bother. So instead of a full-on review, I will just summarize my
I am constantly fighting against the claim that Chinese laws are gray. China’s business laws are generally as well written and clear as any other country’s. My contention has always been that those who claim China’s laws are grey are usually just saying that to excuse their own failure to abide by them. The laws
David Wofl at Silicon Hutong just did a post on ethical issues in China, Business Ethics and Culture Clashes in China and I love it for three reasons. First, it is very well written. Second, it imparts useful advice. Third, it says many of the things we repeatedly preach on this blog. In fact, replace
The big story in the China business/legal community this week is the back and forth between Muddy Waters and Sino-Forest (see here).I will reserve my comments on the specific situation until things develop further, but I will add my two-cents about something called a “Reverse Merger” or “RTO,” the corporate structure at the center of
About a week ago, I did an article, The Five+ Best Books for Understanding China [link no longer exists]. The article was a public response to a request that I reveal “3-5 good books to read to understand China that are contemporary, but also something providing some historical perspective to current doings.” I listed the
