Foreign companies doing business in China are abuzz with news and rumors regarding China’s plans to set up what will essentially be a social credit system for companies that do business in China. In China is building a ‘comprehensive system’ for tracking companies’ activities, CNBC does a great job explaining what this new system will
The US-China Trade War Is and Will be the New Normal I hate to say we told you so, but for nearly a year, WE TOLD YOU SO. Since October, 2018 we have been all but screaming at anyone and everyone who has product made in China and sold into the United States to get
Companies importing goods into the United States can find themselves having to respond to a U.S. Customs and Border Protection (“CBP”), Request for Information (CBP Form 28) or what may be worse, a CBP Notice of Action (CBP Form 29). CBP Form 28 – Request for Information is a tool routinely used by CBP to
Presidents Xi and Trump prepare for a meeting next week at the G20 event with the purported goal of restarting negotiations to resolve the Section 301 tariff dispute and other trade issues between the U.S. and China. Many analysts and business people from both countries are confident this meeting will lead to resolution. Unfortunately, this
If you are thinking about taking a job teaching English in China, my strong advice is DON'T DO IT. Look for such a job in Vietnam or Thailand or Japan or Spain or Mexico or Colombia or Brazil or the Czech Republic or really just about anywhere else in the world. I say this because teaching English in China has become that corrupt, that horrible, that exploitive, and that risky.
China Does Not Have an Attorney-Client Privilege In the United States and much of the rest of the world, private communications between a lawyer and their client that cannot be disclosed without the client’s consent. This is not the case with China. The Critical Risks of No Attorney-Client Privilege in China In China, the fundamental
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
After the trade talks with China broke down, the PRC government immediately announced measures designed to support the development of Chinese semiconductor manufacturing. On May 8, the State Council under the guidance of Li Keqiang announced it would extend a long standing series of Chinese government policies supporting the development of the domestic PRC chipmaking capabilities.
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
