Mexico is about to be transformed into a major commercial & manufacturing center – but it’s not trying to be the “factory of the world” and it never will be. If you manufacture products for the US market (or supply companies that do), Mexico will play a bigger role in your business decisions. If you are in certain high-tech sectors, or rely heavily on OEM or contract manufacturing, Mexico may present more challenges than benefits
Women's protection will get a legal boost in China starting on January 1, 2023, when the latest revision of the Law of the People’s Republic of China on the Protection of Women’s Rights and Interests (中华人民共和国妇女权益保障法) goes into effect.
Manufacturing Outside China: Apple Likes It and You Should Too
It is a helluva lot easier and cheaper to avoid losing money than to recover money that has already been lost. Whether you use Alibaba or not, there are certain "rules" you should follow when sourcing products from China and those rules include (1) conducting due diligence on your potential supplier, (2) protecting your IP, and (3) having a good contract with your supplier. And yes, all of this applies no matter what the color star your supplier has on Alibaba.
Economist Magazine just came out with an article discussing what companies involved in China are doing these days with China, what they are thinking of doing in the future with China, and what they should do in the future with China. The article is entitled, Multinational firms are finding it hard to let go of
A while back (I am being intentionally vague here to avoid identifying anyone) a U.S. client company contacted our China lawyers about shutting down its China WFOE and/or terminating all of its roughly 47 China employees in one fell swoop. The U.S. company had discovered rampant corruption among its employees and its CEO wanted the
Go to China and get held hostage? Who knew? YOU DID.
In late 2017, an old and yet important set of China Employment laws —the Measures for Severance Payment due to Violation or Termination of Employment Contracts — issued by the then-Ministry of Labor back in 1995 was abolished by the PRC Ministry of Human Resources and Social Security. Since our China employment lawyers keep getting
PitchBook reports that even though 2022’s dry powder was lower than in either 2020 and 2021, a significant amount of capital has been deployed and remains to be deployed, including in deals involving Chinese companies and assets in China owned by U.S and non-Chinese companies. We know this because we are part of some of
For the past many months, I have taken a few calls and meetings each week from web3 entrepreneurs and others involved in the blockchain industry, such as lawyers and accountants whose clients need special expertise. As a transactional attorney, I get a unique perspective on the blockchain industry because I am generally on the front
