I just read an article by Shaun Rein, entitled, “Why A Fast Appreciating Yuan Won’t Help US Economy,” and I have bones to pick with it. Let me start out by saying that I “talk China” pretty much every day and I have never spoken with anyone who believes all of the United States’ economic
It sometimes seems all of our clients from China possess both a China and a United States passport. That’s an exaggeration, of course, but an increasing number of Chinese businesspeople appear eager for dual citizenship, especially as China makes it more difficult to leave. Though many in China covet a second passport, they often underestimate
Contents of this Article: Find a Suitable Supplier Clearly Define Your Expected Product Negotiate Reasonable Payment Terms Control Your Product Quality in the Factory Formalize the Process Contact Harris Sliwoski Before Buying Goods From China Met recently with Renaud Anjoran in Shenzhen. Renaud is the founder of Sofeast, a quality assurance firm that assists foreign
Had an interesting discussion the other day with two international entrepreneur clients on global prejudices. Both told me of how they “take advantage” of it by hiring women, racial and ethnic minorities, and persons with disabilities in countries where other businesses are reluctant to hire these people. And let’s face it, these prejudices exist, at
China is virtually the sole supplier of rare earths to the world and it is heading towards that same position for polysilicon. The reasons are almost exclusively related to the peculiar way primary industry operates in China. What is occurring is an exchange with few benefits to either side. There are two areas of dispute
I have always thought it a mistake for a company not to have a quality control inspection done of its China products before shipping. The Quality Inspection Blog has a post, How much does an inspection in China cost? that puts the need for QC inspections into focus. The post starts out talking about the
I spoke yesterday at the 2010 U.S. China Business Conference in Atlanta. I was tasked with talking about the legal issues American businesses face in China and the legal issues Chinese businesses face in the United States. I was given ten minutes. The below is my speech: I am going to be talking about the
China Represenative Offices Why Representative Offices in China Seldom Make Sense I am always saying that for every 100 China WFOEs and Joint Ventures my law firm helps set up in China, it does one representative office. Why so few, when it is generally agreed that representative offices are the easiest type of offices for
The International Business Law Advisor Blog did a post, entitled, 6 Key Provisions You Should Include in Your International Licensing Agreements. I borrow extensively from that post for this one, but tailor it more towards China. I list out IBLAB’s tips in bold and then provide its explanation in normal font. My comments in italics
David Wolf at The Silicon Hutong blog just came out with a superb post riffing on the meaning of guanxi. The post A Few Notes on Guanxi [Link no longer exists] more accurately and concisely defines guanxi than anything I’ve seen. It is so good and so important, I feel I have no choice but
