Excellent China Law Insight post on resale price maintenance in China, entitled, Rules Governing Resale Price Maintenance in China. Before you just run away, believing an antitrust concept cannot be relevant to your business in China, let me tell you that you may well be wrong. If you are selling your product in China through
Our clients are always talking about where to invest in Asia, even more so in light of recent concerns about China no longer being a preferred destination for foreign investment. I have argued consistently that China is one of the best places for foreign investment in Asia. The World Economic Forum’s most recent Global Competitiveness
I just learned about the “middle income trap” and it crystallizes previously discombobulated thoughts I have had regarding China’s economic development. This new term (for me) comes from a Time Magazine article, Escaping the middle-income trap, on how Malaysia’s economic growth has been consistently strong since World War II, yet Malaysia cannot break into the
In Five Reasons China Will Rule Tech, Forbes claims China will soon be taking over the tech world. I’m not buying it. I set out Forbes’ five reasons in bold below and then I analyze them in normal font. 1. China’s leadership understands engineering. Eight of nine members of the Standing Committee of the Political
Understanding Letters of Credit Letters of credit are complex financial tools that can be dangerous if not understood properly. This post will explain what letters of credit are, delve into specifics on potential complications, and provide advice to avoid risks when using them for international transactions. A Cautionary Letter of Credit Tale I got a
This morning, I received a cc of an email one of our China employments lawyers sent to a software client of ours for whom we just started working on their China employment law issues after having registered their WFOE. The email explains the various employment documents we prepared for them, but it serves as a
Spoke with a China lawyer friend of mine today who told me his firm had not “done” a single China Rep Office for the last six months. Every time someone had contacted them with plans for a China Rep Office, it ended up as a WFOE. I told him the same thing had been happening
As China moves from “factory to the world” to a growth engine for the world, the number of foreign businesses wanting to sell into and within China is rapidly increasing. These days, product companies that contact our law firm are just as likely to ask about selling their product in China as to ask how
The other day, I did a post, China NNN and NDA Agreements, on why China NNN Agreements are so important for those doing business with China. Within a few hours of that post, one of my law firm’s China lawyers pointed out that if we are going to encourage China NNN Agreements over non disclosure
This latest recession has caused many businesses to look to cut costs by outsourcing their product manufacturing to China. Unfortunately, many of these companies now engaging in outsourcing their manufacturing to China fail to take the legal steps necessary to protect themselves. When problems arise, they can do little or nothing to protect themselves because
