Though we’ve written about this many times previously, I’m writing about it again today because my law firm’s China lawyers have been seeing a lot more of this lately, especially as against European companies. We have been getting a number of emails lately from companies asking us if what their Chinese counter-parties are asking them
Not surprisingly, our China lawyers are seeing a massive increase in foreign companies seeking to reduce or eliminate their China ties. Many are seeking to terminate their relationship with their Chinese suppliers and move production elsewhere (so far, it’s been mostly to Vietnam, Taiwan, Poland, Thailand, Mexico, Brazil, India and Malaysia). The other day I
Las empresas suelen ponerse en contacto con nuestros abogados en China para preguntar «cómo sacar dinero de China». Estas consultas suelen surgir cuando una entidad china adquiere activos, como inmuebles, acciones u otros valores, y luego incumple sus obligaciones de pago derivadas de la operación. La parte china afirma que quiere pagar, pero el Gobierno chino...
El desarrollo de vehículos autónomos es el eje central del plan del Gobierno chino para reestructurar su sector manufacturero y tecnológico. Los chinos han acuñado el término «vehículos inteligentes y conectados» (ICV) (智能网联汽车) como denominación técnica para la versión china de lo que constituye una carrera internacional hacia un objetivo técnico de gran complejidad. El ICV es un objetivo ideal
It is nearly always a good idea to have your Chinese counter-party “chop” or “seal” your China contracts with their official China company chop. There are many types of company chops. Which one should be used? How do you know if the company chop is real? What does a real China company chop look like?
A few weeks ago I got a fascinating email from someone in response to my post, Top Ten Reasons Chinese Companies Fail in America. But before you read this email, let me make clear that there are Chinese companies that do a good job operating in the United States and my publishing this email is NOT intended
President Trump last week announced that the U.S. will impose 25% tariffs on about $50 billion worth of Chinese imports, to punish China for its “systematic theft” of U.S. intellectual property and/or to reduce America’s trade deficit with China. China fired back by announcing it would impose 25% tariffs on about $50 billion worth of
Over the past couple weeks, the Chinese Internet has been abuzz with chatter about how Chinese movie stars allegedly underreport income via a dual-contract system in which only one contract is disclosed to the tax authorities. The ruckus started when television personality Cui Yongyuan uploaded a redacted actor employment contract apparently for Chinese A-list actress
Se oyen tantas medias verdades y conceptos erróneos sobre el capital social que resulta difícil llevar la cuenta de todos ellos, y mucho menos desmentirlos. Aunque no es por falta de intentos: véanse, por ejemplo, «Mitos sobre la Ley de Sociedades de China: capital social y responsabilidad personal» y «Requisitos de capital mínimo para las WFOE en China: la regla de Ricitos de Oro». Sin más preámbulos, a continuación encontrará
Constituir una WFOE en China y luego gestionar esa empresa en el país resulta complicado y costoso. Véase, por ejemplo, «Constituir una WFOE en China: diez aspectos a tener en cuenta», y véase también «Hacer negocios en China sin una WFOE: que se levante el acusado», donde se explica por qué es imprescindible contar con una WFOE si se va a hacer negocios
