Hong Kong Under the National Security Law (NSL)
In its design and use of the National Security Law, Beijing has been quite transparent. The question for foreign businesses is whether they are willing to be as clear-eyed.
U.S. Import Practice Tips to Mitigate Compliance Risk
The shift away from the unipolar and free trade-oriented world of the 1990s and early 2000s to the peer competition-driven managed trade and industrial policies of today has resulted in an increasingly restrictive and protected U.S. import environment. The significantly stepped-up enforcement activity that characterizes this trend has, in turn, increased compliance risk for U.S. importers. This post will attempt to help U.S. importers mitigate some of that compliance risk through a set of up-to-date import practice tips.
China’s AML Increases Regulatory Oversight
For international businesses, the takeaways should be clear. First, the trend of increasing oversight of business activities by the Chinese authorities continues. As readers of this blog will have noted, this is a recurring theme in much recent Chinese legislation, even that coming out of the special administrative regions, such as Macau's new gaming law. Second, engaging in monopolistic practices in China is now a riskier endeavor, with increased penalties for companies and personal liabilities for responsible officers. When dealing with competitors and trading partners, businesses must beware the AML and give it a wide berth to any activity that could be construed as a monopolistic practice.
Mexico for China Managers, Part 3: Comparing China and Mexico Manufacturing at the Operational Level
Increasing enmity between China and the West, stemming from China’s increasingly aggressive actions regarding Taiwan, China’s COVID-zero policy and a whole host of other issues facing foreign companies that do business in or with China, has caused foreign companies that do business in or with China to reassess. See Nancy Pelosi’s Visit to Taiwan is
Who is Still Doing Business in China?
For the past several months we have been engaged in many transactions relating to China with companies still doing business in China. These companies recognize both the business opportunities and the business risks. (Those who do not fully understand the risks are still doing their business deals without the help of a lawyer on the front end, which means we usually hear from them when something has gone wrong.)
What China’s Taiwan Lust Will Mean for YOUR Business: A September 7 Event
Beijing has long claimed Taiwan as part of China. Taiwan is one of the largest economies in Asia, and a key part of the world’s supply chains and China's increasingly belicose views on Taiwan are already impacting global supply chains. But what happens if and when China attacks Taiwan?
Mexico for China Managers, Part 2: China vs. Mexico as Supply Chain Hubs
With all that has been happening, the international manufacturing lawyers at my law firm have been getting a steady stream of phone calls and emails from companies looking to leave China and many of those companies are curious about Mexico.
Macau’s New Gaming Law
Macau has a new gaming law as of June 21, 2022. On that day, Macau’s Legislative Assembly approved Law No. 7/2022, which amends a 2001 law. While the legal framework for gambling remains fundamentally unchanged, the amended law offers a hint of what is to come, not just for Macau’s casinos, but for Macau itself.
China Implements “Measures for the Security Assessment of Outbound Data Transfers”
Back in 2020 I wrote a series of three blog posts titled “China Cybersecurity: No Place to Hide”. And two years before that, we started writing about China’s Personal Information Security Specification. On July 7, 2022, the Cyberspace Administration of China (CAC) issued the Measures for the Security Assessment of Outbound Data Transfers (Security Assessment
The Looming War Over Taiwan, Escalation, and What Businesses Need To Know: September 7
Beijing has long claimed the country of Taiwan – one of the largest economies in Asia, and a key part of the world’s supply chains – as part of China. Chinese military drills following Speaker Nancy Pelosi’s early August trip to Taiwan have alarmed governments and businesses worried about a Chinese invasion of Taiwan. How