Manufacturing Risks in China vs. Mexico: A Comprehensive Analysis When weighing where to manufacture your products, comparing risks between locations is crucial. China and Mexico both offer advantages, but a deeper analysis reveals clear differences. In this post, I delve into the risks associated with manufacturing in China and Mexico, two of the world’s most
International Joint Ventures An international joint venture can provide a pathway to new markets, shared innovation, and the distribution of risks and resources. Yet, the allure of these global partnerships is matched by the complexity of their execution, where success hinges not merely on the alignment of business strategies but, more fundamentally, on the compatibility
Mastering International Payment Terms: Essential Strategies for Business Security International trade opens up a world of opportunities for businesses, but it also presents a minefield of risks, particularly with payment terms. Cross-border trade disputes commonly involve issues related to payment terms and conditions, and without proper safeguards, unfavorable payment terms can cripple a company’s cash
Last week, I spoke at Brigham Young University’s annual China Conference, which is now in its eighth year under BYU professor Peter Chan. This year the conference’s theme was Peace Together: Continuing a Culture of Collaboration. Professor Chan has become a good friend over the past few years since I started attending the conference. He
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
China Factory Prices are Falling: How to Get Yours The Plight of Chinese Factories In China’s tumbling prices push some exporters to the brink, Reuters News wrote about something the international manufacturing lawyers at my law firm have been seeing for quite some time now. Desperate Chinese factories are lowering their prices, and most Chinese
All glory is fleeting. — George S. Patton Jr. Had an interesting conversation with a client the other day. To protect identities, I am going to change a few unimportant facts and be somewhat vague, but here goes. The Unpredictability of Government-Dependent Business This company is in an industry very much related to government. By
International IP Protection: The Questions to Ask As companies transition out of China and move elsewhere, my law firm’s international IP attorneys are helping them protect their IP during and after this transition. This blog post delves into the critical questions every business should ask itself before entering a foreign market. The following are the
On December 29, 2023, antidumping (AD) and countervailing duty (CVD) petitions were filed against Glass Wine Bottles from China, Mexico, and Chile. The petitions were filed by the U.S. Glass Producers Coalition, which is comprised of Ardagh Glass Inc., and the union representing workers at the glass factories of Ardagh and two other U.S. producers
The Shift in Global Manufacturing Contracts Tensions between China and the West have prompted US and European companies to diversify their supply chains and to re-examine their manufacturing contracts. Companies that manufactured their products in China under single contract systems are now adapting to work with factories worldwide. Previously focused on a single country, these
