With the wave of news surrounding due diligence company crackdowns in China, with Mintz Group and Bain & Co. as the highest profile targets to date (see here and here), a reporter reached out to inquire how legal practitioners are dealing with this diminished access. She wanted to know whether and how this complicates business
Paying lawyers can seem expensive, even if they are only mediocre lawyers. But good lawyers can often save you money because they can save you from your own mistakes. They do that by having both the experience and gravitas to teach you from others’ mistakes. I wrote in a previous post about the PPE nightmare
On August 13, 2019, in Hong Kong for International Business: Stick a Fork in It we made clear Hong Kong would soon cease to be an international business center and companies needed to consider moving out. To say this generated anger would be an understatement. In comments, I was called a “turd”, “hopelessly naive” someone
I recently read a great article in Politico by Brandon Possin, a U.S. foreign service officer (and friend of my colleague Fred Rocafort) who is currently stationed at the U.S. embassy in Tokyo. Possin also has significant blockchain-related credentials. In U.S. Diplomat to Washington: You’re Becoming Obsolete in One Big Area of Tech Policy, he
With the recent slew of foreigner arrests in China for what many assume to be political reasons, the number of clients asking me about the risks to their employees in China has soared. This post is meant to help quantify the arrest/seizure risks to foreigners in China. 1. China as One Giant Casino In How
It was revealed today that China raided a large and well-known American company earlier this week, seizing five of its staff and shutting down its operations in China. This is a big deal and I thought it important I write about it as soon as possible. 1. Factual Background on the Raid My facts regarding
You have a great product that you want to be made in a foreign country about which you know little. What do you do? Do you use a sourcing agent and if you do, how should you pay that agent and what should you have it do? Perhaps most importantly, how should your various contacts
In China, the United States and the New Normal, I called the US-China trade war the “New Normal” and I predicted a “diminished future for foreign companies” manufacturing in China. I also said that since “the inception of the US-China trade war we have been saying that we do not see its end because we
Last year, I asked my good friend Andrew Hupert of North American Strategic Planning to explain what is involved in moving manufacturing from China to Mexico. I chose Andrew for this because he has spent so much time in both China and Mexico, navigating their manufacturing systems from the inside. My law firm frequently consulted with
Last year, I asked Andrew Hupert to explain what it takes to move manufacturing from China to Mexico. I chose Andrew for this because he has spent so much time in both China and Mexico, navigating their manufacturing systems from the inside. My law firm frequently consulted with Andrew when we first started doing China
