What Currency Should I Use in My China Contract? As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these
Foreign Related Rule of Law Foreign-related rule of law (涉外法治) is a relatively new buzz phrase that has been making the rounds in China’s policy circles, with even Xi Jinping himself getting in on the action. Like other language coined by Chinese officialdom, the phrase is somewhat vague. At its core, this initiative aims to
Are Contracts Really Enforceable in China? As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these questions that people
China’s Revised Company Law Yet More Challenges for Foreign Investors China’s revised Company Law, implemented on July 1, 2024, marks a significant shift towards a more regulated and transparent corporate environment for all Chinese registered companies — foreign and domestic. Though Chinese domestic companies must adjust, the impact — not surprisingly — will be particularly
Terminating Employees in China Terminating an employee’s contract in China is far from a straightforward process. China’s employment laws impose stringent regulations that require employers to navigate a complex legal framework. The repercussions of mishandling a China employee termination can be severe, ranging from costly legal battles to reputational damage. This blog post outlines the
China-Specific Employee Rules and Regulations are Key A strong foundation in employee relations protects both your business and your workforce. It minimizes misunderstandings, reduces legal risks, and promotes trust and loyalty among your employees. This, in turn, leads to a more engaged and productive work environment. One key element of compliant employee relations is having
Legal Compliance for Your China Operations The Chinese market still offers vast potential for many businesses, but navigating its legal environment requires ongoing attention. As Chinese regulations and economic conditions shift, foreign companies benefit from prioritizing legal compliance. Compliance with Chinese law goes beyond simply avoiding penalties. It demonstrates your company’s commitment to responsible business
China Payment Terms Negotiating payment terms with Chinese companies is one of the trickiest aspects of doing business with China. Vague milestones, unpaid invoices, and last-minute changes are common complaints. This post provides key strategies to ensure your company gets paid in full and on time when working with Chinese companies. Whenever one of our
Why You Should Never Draft Your Own China Contract China Laws and Business Practices: A World Apart China laws and business practices are different from the West. On this there should be no dispute. There should also be no dispute on how it rarely (if ever) makes sense for companies to draft their own China
The U.S.-China Economic and Security Review Commission The U.S.-China Economic and Security Review Commission was created by the United States Congress in October 2000 with the legislative mandate to monitor, investigate, and submit to Congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and
