The Misconception of Foreign Ownership of Chinese Factories A common assumption among Western companies is that partnering with a Chinese manufacturer owned by a Western entity will lower risks and simplify the transaction. However, this belief is often based on a fundamental misunderstanding of Chinese business law and ownership structures. This post aims to dispel
The U.S.-China Economic and Security Review Commission The U.S.-China Economic and Security Review Commission was created by the United States Congress in October 2000 with the legislative mandate to monitor, investigate, and submit to Congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and
China’s Economic Downturn and the Implications for YOUR Business As economic uncertainty roils China, foreign companies operating in or with China face increasing risks. From capital controls to supply chain disruptions to Chinese companies turning against their foreign company partners, businesses worldwide must navigate a more precarious China environment. This article very examines the current
Navigating China Licensing Contract Negotiations: Tactics and Countermeasures We have been drafting an increasing number of contracts for foreign companies licensing their brand name, concept, or technology for use in China. In the old days, this type of licensing was primarily in the industrial sector. These days, much of our work has involved licensing agreements
On February 14, 2024, antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Melamine from Germany, India, Japan, the Netherlands, Qatar, and Trinidad and Tobago. The petitions were filed on behalf of Cornerstone Chemical Company. Melamine is used to produce surface coatings and laminates that are used in products like kitchen and
Factory Visits Help Build Strong Relationships and Ensure Product Quality Your choice of a foreign manufacturer and the relationship you build with it are critical in determining your product quality. Visiting the factory where your products are made—or appointing a trusted delegate to do so — goes a long way in improving your odds of
China Factory Prices are Falling: How to Get Yours The Plight of Chinese Factories In China’s tumbling prices push some exporters to the brink, Reuters News wrote about something the international manufacturing lawyers at my law firm have been seeing for quite some time now. Desperate Chinese factories are lowering their prices, and most Chinese
The news coming out of China lately has not been positive for many months, but this does not preclude smart entrepreneurs and businesses from succeeding. I have always told my clients, friends, and audiences that success with China looks different for each company. This post discusses some general guidelines from which to interpret the China
The Pig-Butchering Scam, also known as Sha Zhu Pan (杀猪盘), Crypto Romance Scam, CryptoRom, or Hybrid Investment Romance Scam, is a deceptive and harmful scheme that preys on individuals on dating apps and social media. Scammers patiently build trust with their targets over weeks or even months, luring them into fake investment opportunities in cryptocurrency,
Register Here Please join Harris Sliwoski attorneys Jonathan Bench, Dan Harris, and Fred Rocafort on February 14, 2024 for a free webinar on what we see for China’s business environment in 2024, and on what businesses can and should be doing to prepare. Among other things, we will be discussing how the following are likely
