Women's protection will get a legal boost in China starting on January 1, 2023, when the latest revision of the Law of the People’s Republic of China on the Protection of Women’s Rights and Interests (中华人民共和国妇女权益保障法) goes into effect.
Economist Magazine just came out with an article discussing what companies involved in China are doing these days with China, what they are thinking of doing in the future with China, and what they should do in the future with China. The article is entitled, Multinational firms are finding it hard to let go of
Go to China and get held hostage? Who knew? YOU DID.
PitchBook reports that even though 2022’s dry powder was lower than in either 2020 and 2021, a significant amount of capital has been deployed and remains to be deployed, including in deals involving Chinese companies and assets in China owned by U.S and non-Chinese companies. We know this because we are part of some of
Foreign companies see China as increasingly risky and they are looking to move out or reduce their footprint there.
Sometimes, the answer will be yes, sometimes it will be no, and sometimes it will be something in between. For those for whom the answer is yes, the China they encounter (or continue to encounter) is one that is much changed from that of 2013. But many of the fundamentals remain the same. Keeping your nose clean is no guarantee of a smooth ride, but not keeping your nose clean is pretty much a guarantee of trouble.
If you buy products from China or have your products made in China, there is a good chance you are familiar with Sinosure. This post discusses how Sinosure has greatly changed just in the last few months in terms of how it treats foreign companies.
THE buzzword for the next 5-10 years will be "zero-China." It is mostly being used to describe companies seeking to re-jigger their supply chains to completely exclude China, but I think it will eventually come to mean any effort to be rid of China.
Selling a stripped down (off the shelf) WFOE seldom works. Sorry.
There are those who believe China's ongoing Party Congress will bode well for companies that do business in or with China. I am firmly convinced that the opposite is true and that it will used as yet another opportunity by China to show that it will not be cowered by the declining relations and sanctions/counter-sanctions between the United States / EU / Australia / Japan on the one hand, and China on the other. I see China using this Congress to let the world (domestic and external) know that it fully intends to fight back and fight back hard. In other words, this Party Congress will lead to China's decoupling from much of the world accelerating, not slowing down.
