Yesterday, in Would the Last Foreign Company in China Please Turn Off the Lights, Part 2, I discussed the recent arrest of Meng Wanzhou and Chinese government threats by the Chinese government against the United States and Canada for that arrest. A lot has been written about how China may retaliate against US and Canadian
With all that has been happening with China lately on trade, Thailand is emerging as a very attractive investment destination. Thailand has consistent and well-defined investment policies, increasing regional connections, and a government committed to improving its transportation infrastructure. It also (for the most part) has had long-term political and economic stability. Thailand is emerging
Though we’ve written about this many times previously, I’m writing about it again today because my law firm’s China lawyers have been seeing a lot more of this lately, especially as against European companies. We have been getting a number of emails lately from companies asking us if what their Chinese counter-parties are asking them
I have been writing too much about foreign companies looking to leave China and not enough about foreign companies looking to get into China. For the last few months, the work lives of the international lawyers at my law firm have been tilted towards those looking to leave China, rather than to get into China,
I got an angry email yesterday in response to my having predicted a decline in manufacturing orders from China. The email accused me of “hating China” and wanting “to impede its peaceful” rise and of being “jealous of its progress.” All this because we have lately been writing how many of our law firm’s clients
Not surprisingly, our China lawyers are seeing a massive increase in foreign companies seeking to reduce or eliminate their China ties. Many are seeking to terminate their relationship with their Chinese suppliers and move production elsewhere (so far, it’s been mostly to Vietnam, Taiwan, Poland, Thailand, Mexico, Brazil, India and Malaysia). The other day I
I do mean to sound alarmist here. Almost since this blog’s inception, we have written about how if you are doing business in China you need a Chinese legal entity, be it a Wholly Foreign Owned Entity (WFOE), a Joint Venture (JV) or a Representative Office (RO). And pretty much each time, our writings on
Companies often contact our China lawyers on “how to get money out of China”. These questions usually arise from a Chinese entity purchasing assets like real estate or stock and other securities and then failing to perform on its deal payment obligations. The Chinese side claims it wants to pay, but the Chinese government will
Developing self driving cars is the centerpiece of the Chinese government’s plan to redesign its manufacturing and technology sector. The Chinese have coined the term Intelligent and Connected Vehicles (ICV) (智能网联汽车）as their technical term for the China version of what is an international race towards a difficult technical goal. The ICV is an ideal goal
It is nearly always a good idea to have your Chinese counter-party “chop” or “seal” your China contracts with their official China company chop. There are many types of company chops. Which one should be used? How do you know if the company chop is real? What does a real China company chop look like?
