China’s Economic Downturn and the Implications for YOUR Business As economic uncertainty roils China, foreign companies operating in or with China face increasing risks. From capital controls to supply chain disruptions to Chinese companies turning against their foreign company partners, businesses worldwide must navigate a more precarious China environment. This article very examines the current
The news coming out of China lately has not been positive for many months, but this does not preclude smart entrepreneurs and businesses from succeeding. I have always told my clients, friends, and audiences that success with China looks different for each company. This post discusses some general guidelines from which to interpret the China
Urgent Compliance Alert for Foreign-Invested Enterprises in China Attention all foreign investors in China! A recently passed mandate from the Chinese government demands immediate action to update your corporate governance structure and documents. Whether you’re a Wholly Foreign-Owned Enterprise (WFOE) or part of a Chinese Joint Venture Entity, adhering to China’s revised PRC Company Law
The Rise of China Distribution Agreements My law firm’s China lawyers have recently seen an uptick in China distribution agreements for foreign companies seeking to sell their products and services in China. This surge is driven by growing concerns over the risks that come with having a foreign presence in China, including geopolitical tensions, and
Recently I spoke with some good friends in the finance space about the global economy, China, and debt capital. One is a vice president and underwriter at a US East Coast private equity firm. The other is the owner of an investment banking firm in the midwestern US. They are steeped in the finance world,
China Software Licensing Registration Challenges As China becomes increasingly risky and complicated for direct entry and subsequent in-country operations, licensing is becoming increasingly common for many Western companies. This is especially true for software companies. However, China’s network of licensing and royalty regulations has stymied many seeking to license their software for Chinese distribution. Requirements
China Business Dinner Etiquette as Though it Matters Ten years ago, I’d often get asked about Chinese business dinner etiquette. Back then, “everyone” was going to China, and many were terrified about messing up. I would try to calm their nerves by explaining how etiquette is less important in China than it is in Korea
China Distributor Relationships Make Sense, Especially Now My law firm’s China lawyers have drafted more China product distribution agreements in the last three years than in the ten years prior. Foreign companies want to profit from China’s consumer and industrial markets, but they are wary of going into China (or remaining in China) in a
Xi Jinping’s U.S. Visit If you have been paying attention to the headlines, you know that China’s Xi Jinping and US President Joseph Biden are meeting in San Francisco this week. They last met in person a year ago at the G20 Summit in Indonesia. The US and China at national levels have continued to
China Distribution Relationships We have written recently about the trend in China business as companies move away from joint venture relationships toward distributor relationships. This is happening with Chinese manufacturers and their non-Chinese distributors in the distributor’s home market. This is also happening in China with Chinese distributors or representatives and the non-Chinese manufacturers and
