Should I study in China? This is a question many university students are asking themselves, particularly following the stabbing of four American instructors in the northeastern city of Jinan. While students considering studies in China need to be aware of certain risks, the question is not one that lends itself to a straightforward answer. Whether
The Bank Account Switch Scam The bank switch scam involves your regular product supplier asking you to make a payment to a new bank account or a new supplier asking you to make your first payment. After you make the payment, your supplier insists you still owe the full amount because it never received your
The Legal Differences Between Hong Kong, Macau, and Mainland China Special administrative regions (SARs) like Hong Kong and Macau hold a unique position within China. In some respects, the two SARs are as much a part of China as Beijing and Shanghai. When it comes to most practical purposes, though, they are separate jurisdictions—and companies
How Foreign Companies Are Adapting Their China Strategies in 2024 The tides are turning for foreign companies operating in China. The once-unparalleled access to China’s vast manufacturing base and a seemingly insatiable consumer market is now accompanied by a new set of challenges. Rising geopolitical tensions, a focus on domestic sustainability goals, and ongoing supply
Disposable Aluminum Containers, Pans, and Trays from China On May 16, 2024, antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Disposable Aluminum Containers, Pans, and Trays from the People’s Republic of China. The petitions were filed by the Aluminum Foil Container Manufacturers Association, consisting of Durable Packaging International, D&Q Fine pack,
A successful friend once encouraged me to reach out and connect with successful people who are doing what I want to be doing. He said that when many people reach the pinnacle of their careers, they want to help the next generation of promising leaders. That advice stuck with me, mainly because I tested that
China’s Amended Company Law Becomes Effective on July 1 China’s amended Company Law takes effect on July 1, 2024. Many companies have not considered the significant revisions that have been made and how they can and will affect companies that are doing business in China. Companies with legacy entities in China that have not reviewed
China’s Four Most Common Business Scams and How to Avoid Them Post-COVID, our China lawyers have been seeing more than the usual number of foreign American and European companies coming to us after having been scammed by a Chinese company. In this post, I will explore four common China business scams and provide actionable steps
United States Sanctions New Chinese Companies Yesterday, the United States Treasury initiated sanctions against many Chinese companies and individuals in an effort “to further degrade Russia’s ability to sustain its war machine, continuing a multilateral campaign to limit the Kremlin’s revenue and access to the materiel it needs to prosecute its illegal war against Ukraine.”
How to Open a Bank Account in China If you’re planning to live, work, or invest in China, opening a bank account is often one of the first essential steps you’ll need to take. This guide will walk you through the entire process, from selecting the right bank to understanding key considerations, such as fees,
