China real estate

Foreign Ownership Of Real Estate In China/China’s New Forex Rules

In July 2006, the Chinese government issued rules prohibiting foreign individuals and companies from directly owning commercial real estate in China. Just this month, China’s State Administration of Foreign Exchange (“SAFE”) issued new foreign exchange rules. In my experience dealing with real estate investors here in Shanghai and elsewhere in China, both of these rules

Getting paid by Chinese companies

Make More Money By Ending China Kickbacks

Would that it were so easy. Kickback schemes are rampant in China.  If you have Chinese employees and you buy or sell product in China, there is a good chance you are losing money from kickbacks and likely also violating Chinese and U.S. (or European laws). American Public Media’s Marketplace just did a brief radio

China crime

Mapping China Crime Is Democracy In Action

When clients ask me whether they need to worry about crime in China, I typically say it is hard to know because China’s crime statistics are so unreliable. I then talk about “my sense” of things, based on my own experiences (so far, so good) and that of the people I know who are doing

Kaifeng Jews

China: Where Even The Jews Are Fake

Jews of Kaifeng Self-help the Jewish way. Absolutely fascinating story in today’s Washington Post, entitled, Sold on a Stereotype: In China, a genre of self-help books purports to tell the secrets of making money “the Jewish way”.  Seems the Chinese think very highly of Jews, both for their perceived ability as businesspeople, and for their honesty and

China law China lawyers

China Law Evolving

China’s globalization is influencing its laws and its law enforcement. What this means for foreign companies doing business in China (and hence the title of this series) is that China’s laws and law enforcement are evolving. Today’s post involves an interesting article in the China Daily on how China’s judges and prosecutors are studying law

We love NDA Agreements

China NNN Agreements: Don’t Leave Home Without One (Or Many)

Years ago, our Chinese lawyers used to get a fairly steady stream of panicked callers who would call us a month or so after returning from China where they had showed their product, prototype or product drawings to Chinese OEM companies. These people were calling us in a panic because they had shown their product,

international attorneys

Gibson Guitars — From Kalamazoo To China And Beyond

I grew up in Kalamazoo, Michigan, two houses down from the Sweitzers. Mr. Sweitzer worked at the local Gibson Guitar factory and he would arrive home from work each day at around 3:50 p.m. and his dinner was to be on the table by 4 p.m. Near as I could tell, it always was. I

China lawyer

Negotiating with Chinese Companies: Patience Required

Twice in the last week, Chinese companies have sought to subject clients to one of the classic international business tricks: changing the deal right before an in-person overseas signing. This trick typically goes like this: You [the foreign company] agree to the general terms of a deal with your Chinese counterpart. You schedule your China