The real economic threat posed by the US-China trade war is not tariffs. The real threat has always been the U.S. government prohibiting product sales to China and product purchases from China and focus on the tariff issue misses this. As we wrote in Who Pays the Tariffs on China Imports? there are various things companies
China Employment Offer Letters are Not Mandatory China employers often want to extend an employment offer letter to their potential new hires to prove they are serious about bringing them on board. Some candidates expect or may even request an “official” offer letter from their potential employer. This is understandable. However, offer letters are neither
One of the advantages of our having published around 1,850 blog posts (Our first post, INTRODUCTION TO OUR BLOG, was on January 4, 2006; 4,879 days ago!) is that we have blog posts on just about everything. This is extremely helpful in responding to client inquiries. If a company writes us about what sort of
1. Things are Bad Between China and the West In yesterday’s post, Doing Business in China or with China: It’s All Good, I talked about how we would try to move away from focusing so much on declining relations between China and the West and focus more on China’s business opportunities, of which there are still many.
1. The New Tariffs The Office of the U.S. Trade Representative (USTR) formally published a notice in the Federal Register (this means it is official) confirming President Trump’s by now famous weekend tweet: U.S. imports of Chinese products, valued at $200 billion, that have been subject to 10 percent tariff since September 24, 2018, will now be subject to
1. Worsening US-China Relations Should Be No Surprise Since the very beginning of US-China trade negotiations, we have been unequivocally negative on the likelihood of a deal and we have taken huge amounts of heat for that, via hate e-mail, online, and even from some of our own clients who accuse us of being too
1. China has Broken its Promises to Open Its Economy I’ve had a front row seat to China for well over a decade. My law firm started this blog in January, 2006, and we were representing foreign companies in China and the rest of Asia long before that. When we started this blog we were
1. Western Companies Want to Leave China and Are Leaving China The Wall Street Journal ran a front page article last week on American companies seeking to reduce their exposure to China. This article, Trade Deal Alone Won’t Fix Strained U.S.-China Business Relations, reinforces what we have been saying for months about how American and
Image by Ixocactus In a series of recent posts, we discussed how the media and many commentators have wrongly ascribed great things to the new PRC Foreign Investment Law. See New China Foreign Investment Law: Not Good News, China’s New Foreign Investment Law and Forced Technology Transfer: Same As it Ever Was and China Approves New
In China’s New Foreign Investment Law and Forced Technology Transfer: Same As it Ever Was and in China Approves New Foreign Investment Law to Level Playing Field for Foreign Companies. MEH, we wrote how we were not impressed with China’s new Foreign Investment Law 中华人民共和国外商投资法. Since then, a number of commentators (who near as I can
