The other day I did a post linking over to an article I recently wrote for the Wall Street Journal, entitled, “Chinese Companies Court Disaster,” [if you cannot read the whole article, email to yourself] on how Chinese companies are falling down badly when it comes to understanding the American legal system and using American… Continue Reading
Monthly Archives: August 2010
China Stock Experts. Where Are You?
Posted in China BusinessAn editor for a leading U.S. business magazine wrote me seeking my suggestions for good people to write, in English, about China’s stock market. My response was to warn about the need to avoid bringing on any of the China investment amateurs who hold themselves out as experts. I did not name any names for… Continue Reading
Chinese Companies Court U.S. Disaster.
Posted in UncategorizedI had an article published by the Wall Street Journal on how Chinese companies are mishandling their overseas legal matters. The article is entitled, “Chinese Companies Court Disaster: Doing business in America means also learning how to navigate the U.S. legal system.” I believe it requires a subscription to the Wall Street Journal, but I… Continue Reading
Put China In Your Business Future. Philadelphia, September 8, 2010.
Posted in EventsOn Wednesday, September 8, 2010, The China Business Network will be putting on a China Event at the Cira Center in Philadelphia, entitled, “Put China in Your Business Future.” It is shaping up as a great event, and I urge you all to attend. I am going to be on one of the panels so… Continue Reading
Cracking Down On Illegal Land Use In China. Do You Really Still Feel Lucky, Foreign Punk?
Posted in Legal NewsThe following is an amalgamation of a number (maybe 5 or 6) of conversations I have had over the years with people wanting to register a WFOE (Wholly Foreign Owned Entity) in China fast: Potential Client: Can you help me register a WFOE in China. Me: Yes. Not a problem. Do you have a lease… Continue Reading
The Basics On Doing Business In China.
Posted in China Business, Legal NewsBeijinger Magazine recently did a really nice article on our blog,entitled, “Blogging the Law.” The article is mostly an interview with me and it nicely distills the basics for doing business in China. On the business side, it first addresses China’s current climate for foreign businesses: How would you describe the government’s present attitude towards foreign… Continue Reading
China Supply Chain Problems. Maybe It’s All In Your Head.
Posted in China BusinessReceived a very nice email this morning from Keith, a Birmingham, Alabama 3L with a quite good blog called An Associate’s Mind. Keith was writing to pass on a blog post on China supply chain problems. The post is “Supply Chain Risk: Culture Shock,” and it is on an academic article that posits that many… Continue Reading
Shutting Down A China WFOE. The Potential Repercussions.
Posted in Legal NewsNot sure why, but my firm has done more business shutting down WFOEs (a/k/a WOFEs) over the last three months than in any other 12 month (not three month) period. We also have been getting a whole slew of questions regarding the logistics in shutting down China operations. I know the recession has something to… Continue Reading
What It Takes To Get A WFOE/WOFE Registered In China.
Posted in Legal NewsThere are some excellent China company formation companies and there are some where you are all but guaranteed to waste your money. Some of these company formation firms (truly, always the better ones) call my firm in to assist when they are facing a new or unusual or difficult situation. Sometimes a foreign company using… Continue Reading
“The Nine Best China Business Blogs.” I Don’t Think So.
Posted in China BusinessI received a couple congratulatory emails today on China Law Blog’s showing up first on a just published list of “The Nine Best China Business Blogs,” by Susie Gordon at eChinaCities. I was, of course, initially quite pleased to hear the news and I rushed over to the site to see the other eight. I… Continue Reading
The Basics On China Pharma, Part 2: Getting Into China The Slow Hard Way.
Posted in China BusinessThis post is part 2 of a three part series by Robert Walsh, the founder of Samsara Biopharma Consulting, and his colleagues, Jennie Shi, Wendy Zheng, and Zhou Tong. Part 1, “The Basics on China Pharma,” can be found here. This post is aimed at small-to-medium sized foreign pharma companies that want to enter the… Continue Reading
Owed A Little Money By A Chinese Company? Good Luck With That.
Posted in China BusinessJust about every week, we get a call from an American company that has paid anywhere between $5,000 and $50,000 for product from a Chinese company and received either nothing in return or product that clearly is not up to snuff. They want to know what they/we can do. In virtually all cases, the U.S…. Continue Reading
Will China Ever Really Protect IP?
Posted in Legal NewsThe following is by Stephanie Henry, one of our legal assistants, who will soon be starting the Masters in Communications program at Johns Hopkins University. It is a commonly held assumption (and one often stated here at CLB) that the increase in Chinese companies seeking protection of their own intellectual property (IP) in China will… Continue Reading
The Basics On China Pharma.
Posted in China BusinessMr. McGuire: I want to say one word to you. Just one word. Benjamin: Yes, sir. Mr. McGuire: Are you listening? Benjamin: Yes, I am. Mr. McGuire: Plastics. From the movie, The Graduate In a post entitled, “China Has Health Care Too,” I talked about health care as one of the great opportunities for foreign… Continue Reading
How To Collect On A U.S. Judgment Against A Chinese Company.
Posted in Legal NewsWe have written many times of how Chinese courts will not enforce United States judgments. Because of this, U.S. judgments have pretty much no value in China and if your only collection plan is to sue in the United States and then take your judgment to China, you are making a big mistake. We see… Continue Reading
Imagining China….
Posted in China Business, China Travel, Recommended ReadingI am always being asked what China is like and I usually freeze in response to that question. I could tell them that I went to three or four places in China and that they were all as different from each other as Seattle is from Kalamazoo or New York, but that would make me… Continue Reading
Xinjiang, China, As A Place To Go.
Posted in China Business, China Travel, Recommended ReadingFor years now, Beijing has been doing its darndest to encourage foreign investment in Xinjiang and for years now, it seems very little of that has been happening. My firm did some work for a German food company that was buying product from there and for an oil services equipment company that was supplying product… Continue Reading
SME Success In China. It’s All About The People.
Posted in China BusinessBy Simon Malinowski, a Harris & Moure 1L summer associate. Technomic Asia has done yet another excellent podcast on what it takes for Small and Medium-sized Enterprises (SMEs) to succeed in China This one is entitled, “Challenges for SMEs in China: an interview with Steve Crandall,” and it focuses on the hiring of personnel in… Continue Reading
Five Rules For Negotiating Your China Deal.
Posted in China BusinessWhen an American company calls me and says they are about to go to China to “finalize” a big deal with a Chinese company, my first thought is usually along the lines of “let’s talk again in three or four months.” If the potential deal is with an Chinese SOE (State Owned Entity), I mentally… Continue Reading
China M&A. The Extreme Basics On Due Diligence.
Posted in Basics of China Business Law, China Business, Legal NewsBeen spending my Saturday deleting old e-mails and came across one that we sent to a client setting out the starting point for the due diligence we would need to undertake surrounding its stock purchase of a small to mid-sized existing China WFOE. This was the initial email where we were setting out the sorts… Continue Reading
The Basics Of Getting Paid When Selling To China.
Posted in Basics of China Business LawI have a lawyer friend who is always saying “it’s incredibly easy to get clients…what’s difficult is getting paying clients.” The same holds true for selling product to China. The tough part is getting paid. If you are going to sell product into China (or anywhere else internationally), you should consider employing the following to… Continue Reading
On The (Not Too Deep) Meaning of China Shipping Terms.
Posted in China BusinessVery clear and very helpful post up today on the China Works Blog. The post is entitled, “China shipping terms – what do they mean?” and it, not unexpectedly, explains the meaning of a handful of key shipping terms. Nothing fancy here, but it is stuff like this that matters. If you want to know… Continue Reading
China “Laws” Are Local And Don’t You Forget It.
Posted in Legal NewsBy Steve Dickinson, from “neighboring” Qingdao On August 4, 2010, the Dalian Labor and Social Security Bureau (大连人力资源和社会保障局) posted on its website a new list of requirements for foreign nationals seeking employment in Chinese companies based in Dalian. The new requirements mandate that foreign individuals must prove that the registered capital of their employer is… Continue Reading
Sending Your Employee To China Again And Again. What If The Well Runs Dry?
Posted in Legal NewsMega law-firm Mayer-Brown (f/k/a Mayer, Brown and Platt) just did what it calls a “bite-size” article on foreigners working in China for the home office. The article asks and then answers the following question: If a foreigner will not be employed by any PRC company, and will frequently travel to the PRC as an employee… Continue Reading
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