The Chinese Portion of Your Contract is What Matters One of the most common trix employed by Chinese companies against American and European companies is fooling the American/European company into believing that the English version of their contract actually matters. My law firm's China lawyers often see this from companies that come to us for
It Ain't Easy Leaving China There is a long line of foreign companies looking to get out of China. These companies call the China lawyers at my law firm expecting their leaving China will consist of little more than flipping a switch and waving goodbye. But this being China, nothing could be further from the
I was recently emailing with a reporter regarding how Memoranda of Understanding, (MOU) and Letters of Intent (LOIs) are so different in China than in the United States/Britain and how that difference often causes early discord between Chinese and American companies. We started the discussion by talking about the differences in the meaning of Memoranda
Learn how to reduce risk when using 30/70 TT payment terms with Chinese manufacturers. Real-world case studies and strategies from international manufacturing lawyers.
We have long advocated for prompt China trademark registration. For companies that manufacture and export from China, registration of the English language trademark is essential. For companies that sell products and services in China, registration of the existing English language marks and the Chinese language marks for the product is essential. China now has the
We have been drafting an increasing number of contracts for foreign companies licensing their 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 for companies that want to capture China business without having
Companies often come to our China WFOE lawyers wanting a Wholly Foreign Owned Entity (WFOE) formed "right away" so they can "immediately" bring on a China-based employee or employees. No matter what anyone tells you, it is the rare WFOE that can be formed in less than three months, and three months is possible only
Clients often ask our China lawyers whether their buyers in China are telling the truth when they claim not to be able to pay them more than $50,000 in one year. The answer is both yes and no. China controls inbound and outbound foreign exchange flows. If a Chinese citizen or company needs to make
American businessperson held in China for his company's unpaid debt Yet another story of an American businessperson held in China for his company's unpaid debt. Hate to say we told you so, but we told you so. This latest debt-hostage story was brought to my attention by Jeremiah Jenne. Jeremiah asked me about it by
Danwei ran a story, University Diploma Scandal in Jinan [link no longer exists], on a fake Chinese university. This story is directly relevant for those doing business in China. Let me explain. The story is from the Jinan Times. Jinan is the capital of Shandong Province. I have been there a couple of times and
