December was a typically busy transactional month for our China team with the end of the calendar tax year looming. We were brought onto a China acquisition by one of our PE clients mid-month, and we closed before the end of the year. This cyclical frenetic pace of closing deals has caused me to reflect
Quarantine requirements are set to be lifted for inbound travelers to China. According to press reports, starting on January 8, there will be no quarantine requirements for those arriving in the country, with the only requirement being a negative COVID test result issued within the preceding 48 hours. This is a critical development for all
In What Does a Re-Opened China (Without Quarantine) Mean for Foreign Business? Renaud Anjoran of Sofeast Group looks at what China’s “COVID re-opening” will mean for foreign businesses. Let me begin by saying that I count Renaud among the group of people I consider most qualified to answer a question like this. I say this
Most of what we write about frauds involving China are about frauds perpetrated by Chinese companies against foreign companies. But as a reader recently emailed me, frauds perpetrated within foreign companies in China “are at least as common and every bit as damaging.” I agree, and today’s post highlights six of the most common internal
No need to pay your Chinese creditors because they rarely will do anything about it.
One of our oldest and most cherished traditions is to write about China scams at the end of every year. We do this because history shows this is the biggest month for them. Scammers increase their activities at the end of the year, hoping to be less noticed/less examined due to the usual end of
Despite (or in many cases because of) the increasing difficulties foreign companies face in doing business in China, there remains nearly as much interest in China joint ventures as ever. Our China lawyers have also seen a recent uptick in companies needing help with failed and failing joint ventures, which is to be expected as
Women's protection will get a legal boost in China starting on January 1, 2023, when the latest revision of the Law of the People’s Republic of China on the Protection of Women’s Rights and Interests (中华人民共和国妇女权益保障法) goes into effect.
Economist Magazine just came out with an article discussing what companies involved in China are doing these days with China, what they are thinking of doing in the future with China, and what they should do in the future with China. The article is entitled, Multinational firms are finding it hard to let go of
Go to China and get held hostage? Who knew? YOU DID.
