China Sinosure as Existential Threat
In this post, we explain what Sinosure is, how Sinosure works, what causes Sinosure to put foreign companies in its crosshairs, why Sinosure is so dangerous, and, how to fight back and win against it.
In this post, we explain what Sinosure is, how Sinosure works, what causes Sinosure to put foreign companies in its crosshairs, why Sinosure is so dangerous, and, how to fight back and win against it.
Doing business with China just got another level of riskier. That's because these days, what The CCP Does In China Does NOT Stay in China. Ten years ago, our China lawyers would explain to our clients how what they did in China might redound to their detriment outside China. Three years ago, our China lawyers would explain to our clients how what the CCP is doing in China might redound to our client's detriment outside China. And now, our clients are explaining to us how what the CCP is doing in China might redound to our client's detriment outside China.
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?
As we regularly point out in these pages, registering your trademark "is as close to a no-brainer as there is in China IP." We say trademark, because in most cases that is the key IP, but copyrights and patents could be a part of the mix. Trademark registrations, however, are not - or at least should not be - objectives in and of themselves. Though a registered trademark has inherent value as a deterrent against counterfeiting and other bad-faith actions, it is best to conceive of the registration as a tool to be actively used. Here are some tips on what to do once you have registered your China trademark.
What can you learn from what Nike is doing? You can learn that there are plenty of countries other than China that manufacture quality items at a price that makes sense for a highly sophisticated international company like Nike and that alone ought to open your eyes to the manufacturing world outside China. Due to tariffs and shipping costs, manufacturing outside China makes increasing sense for many companies.
The best time for implementing a set of China employer rules and regulations is when your China entity is being formed and you start recruiting employees. This allows you to have your first group of hires sign off on your employer rules and regulations and ensures you are fully covered. Our China employment attorneys recommend a yearly audit of every China company's employment documents (including their rules and regulations) to ensure they are up to date with all legal and company and employee changes.
The International Shipping and Logistics Crisis. U.S. Federal Maritime Commission (FMC) Commissioner Carl Bentzel discusses what we should expect in the future and what we can and should we be doing to resolve this crisis.
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?
Bad manufacturing contracts lead to bad products. Nearly all companies that have product problems would have avoided those problems had they used a good contract or done their due diligence on their product supplier before paying. In this post, we explain how best to avoid these common mistakes.