Back in April 2007, we shared some tips on doing business in China that had appeared in Silk Road International. As often happens when I delve into our archives, I was amazed at how much of the advice remains current. With that in mind I’m sharing it again, adding some commentary based on what has
The Chinese government and its state controlled banks have worked hard over the last decade to “digitize” financial reporting and procedures. These days, a business operating in China virtually never needs to visit a Chinese government agency office or a bank. Transactions and reporting are done online. For normal daily operations, this means all of
A few weeks ago, in Hong Kong’s Saddest Day, we echoed legislator Tanya Chan’s sentiment after China’s rubber-stamp National People’s Congress announced it would enact national security legislation for the city. As sad as that fateful May 21 was, we warned “the days ahead could be much sadder” for Hong Kong. Unfortunately, that prediction has
China’s copyright law, in its present form, has been in place since 2010 and numerous proposals for amendments have been floated since that time. The National People’s Congress recently released another draft amendment and solicited public comment. As far as I can tell, this would be the 5th draft since 2010. In a recent post
Every day for the last week I have gotten at least one email from a foreign company that paid money to a company in China and got literally nothing in return. The term for this is theft. This sort of thing is a given by Chinese companies and for why this is so prevalent lately
It has been eight years since my graduation from law school and business school. I started law school in the Fall of 2008 before the world fell apart . . . the last time. The reverberations of the financial crisis that started roiling the world in 2008 continued into 2012 when I graduated and started
How to Avoid International Business/Legal Problems. Preparation is everything and we explain how to prepare.
Hardly a week goes by at my law firm where one of our international litigation lawyers does not get a call or an e-mail from a company exploring its options for pursuing its overseas manufacturer for a bad product shipment or for no shipment at all. Each time, we patiently explain the costs and the
Last fall, in U.S. Supreme Court to Rule on Important International Arbitration Issue, I wrote about an important international arbitration matter pending before the United States Supreme Court on whether foreign companies doing business in the United States can arbitrate a dispute with an American company. The specific issue was: Whether the New York Convention
