Incoming China FDI. Gone with the Wind. If you are waiting for your Chinese investor to get your company promised investment funds any time soon, you are probably in for a long slog. Most companies, both private and public, do not care who provides their investment capital (as long as the investors are content being
In 2016, in Getting Money Out of China: The Long Version, we wrote how Western companies were contacting our China lawyers to get money out of China to get paid on all sorts of deals. On our China Law Blog Facebook Page, we linked over to the original post and described it as “In which we
China today announced that it will be ridding China of unreliable people and companies. See China is establishing an ‘unreliable entities’ list that will include companies and people. Specifically, China’s Ministry of Commerce announced it will kick out of China “foreign enterprises, organizations and individuals that do not comply with market rules, violate the spirit
Our clients are always asking us how they should set the employment term — especially the initial employment term — in their China employment contracts. The short answer is the typical lawyer answer: it depends on the situation. This being said, for new employees, our China employment lawyers usually recommend a three year initial term.
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
