Way back in 2010, I wrote Ten Reasons Chinese Companies Fail In The U.S. for Forbes Magazine. My top ten list in that article was as follows: 1. Chinese companies focus on a Chinese consumer, not an American one. 2. Chinese companies fail to realize how one reputation-damaging mistake in the United States can doom
Last year, in Three Things Everyone Leaving China for Mexico Should Know, we talked about how when analyzing US-China relations, the “only politics worth watching are in Washington DC”: The politicians that matter to you are the ones writing, interpreting, executing, and judging United States trade laws. Don’t waste time and energy trying to read
You have almost certainly heard by now that there is a massive Chinese spy balloon currently hovering over U.S. airspace in violation of international and U.S. law. Or if you actually believe the CCP, it is merely a weather balloon that went very far off course. 1. China’s Spy Balloon Will Worsen China’s Relations with
I have recently spoken with many entrepreneurs still growing their businesses in the United States. When I talked with them about their international plans, many were interested in expanding internationally, but lacked a viable roadmap and resources for doing so. As they learned about my expertise in China and greater Asia, our discussions coalesced around
December was a typically busy transactional month for our China team with the end of the calendar tax year looming. We were brought onto a China acquisition by one of our PE clients mid-month, and we closed before the end of the year. This cyclical frenetic pace of closing deals has caused me to reflect
In What Does a Re-Opened China (Without Quarantine) Mean for Foreign Business? Renaud Anjoran of Sofeast Group looks at what China’s “COVID re-opening” will mean for foreign businesses. Let me begin by saying that I count Renaud among the group of people I consider most qualified to answer a question like this. I say this
Most of what we write about frauds involving China are about frauds perpetrated by Chinese companies against foreign companies. But as a reader recently emailed me, frauds perpetrated within foreign companies in China “are at least as common and every bit as damaging.” I agree, and today’s post highlights six of the most common internal
No need to pay your Chinese creditors because they rarely will do anything about it.
One of our oldest and most cherished traditions is to write about China scams at the end of every year. We do this because history shows this is the biggest month for them. Scammers increase their activities at the end of the year, hoping to be less noticed/less examined due to the usual end of
Despite (or in many cases because of) the increasing difficulties foreign companies face in doing business in China, there remains nearly as much interest in China joint ventures as ever. Our China lawyers have also seen a recent uptick in companies needing help with failed and failing joint ventures, which is to be expected as
