Contents of this Article: Mexico is Highly Focused on the USMCA Mexican Agriculture Has Lessons for the U.S. and Beyond Mexican Manufacturing Cannot Replace China Yet Mexican Business Leaders are Ready in Spite of Their Government Utah is Focused on Mexico’s Success as a Solution to Several Problems All together now: “¡Bienvenidos a México!” The
Best Practices for Emerging Market Countries. The two minute version. Make the law your friend. Use good contracts. Protect your IP.
Miami is increasingly becoming an important hub for Asia business. The city's enduring status as the "capital of Latin America" is perhaps the main driver of this trend, but ties to other parts of the world also play an important role, as does Miami's (and all of Florida's) own attractiveness as a business destination. The
But lately our international litigation team has been seeing a vertible ton of a particularly sinster scam: The “Sha Zhu Pan” (Chinese: 杀猪盘) or, “Butchering the Pig” scam. The typical email we receive from a victim of this forex or crypto scam is usually something like this.
China-Latam ties are growing. This is an important development for businesses, and not just those in China and Latin America. For businesses in the United States and most of the global north, China presents a conundrum. The lure of its vast markets remains strong, and for many companies it remains the go-to location for manufacturing or sourcing their products. At the same time, there's increasing concern at home about China's behavior. If it was "just" a matter of human rights violations, there might be less concern overall with possible spill-on effects. However, there's also a—not unjustified—feeling that China has unfairly muscled its way to economic dominance. As a result, companies must walk a fine line as they seek the benefits of China engagement, in order to placate increasingly frustrated customers at home. But things are different in the global south.
Recently I sat in a presentation with some executives who were sharing best practices for tech companies when dealing with China and the world generally. These were companies that had great success at home and abroad but not surprisingly found China a more difficult market to tackle. Here are some of their tips, along with
Doing business in or with Taiwan is likelier to get tougher for those who also do business in or with China. As China ramps up its attempts to pressure and intimidate Taiwan, we expect it to expand the scope of what is unacceptable cooperation with Taiwan's government. If political donations to Taiwan's governing party are verboten, why not paying taxes? Or establishing a company in Taiwan? Or selling equipment to Taiwan's military? Or even simply doing business in or with Taiwan?
There have always been benefits to international licensing, but the benefits of international licensing have increased due to COVID. and too many business owners miss the opportunity to generate revenue and increase their business' value by licensing their technology internationally.
Is your Company Sufficiently Diversified? Is your company "too" dependent on China for its products or its sales? What are you doing about it?
Common factors used for choosing a location for an international business.
