The U.S. Government Hates Companies That Do Business with China Get Used to It

The U.S. Government Hates Companies That Do Business with China: Get Used to It

Got an email from an American client this morning asking me whether I was aware of how American companies that do “significant” business with China cannot receive Paycheck Protection Program (PPP2) loans. I replied that I was not, because my focus is not on domestic U.S. law or business. But then I started thinking more

china law blog

Forced Labor in China: More Import Bans, But Does It Matter?

On January 3, U.S. Customs and Border Protection (CBP) announced a ban on cotton products and tomato products produced in Xinjiang, based on information “that reasonably indicates the use of detainee or prison labor and situations of forced labor.” This does not come as a surprise: We warned about such a ban on cotton in

The Nationalist Agenda Behind China Opening Up to Foreign Banks

China’s Nationalist Agenda Behind Its Opening Up to Foreign Banks

In a recent op-ed, I wrote how the controversy over Disney’s Mulan embodies some of the ethical dilemmas and pitfalls that face companies doing business in China. On one hand, to maintain their presence in China these companies must comply with the demands and expectations of the Chinese Communist Party (CCP). On the other hand,

China domain names

China Bank Accounts and Financial Records: I See Some Bad Fraud Rising

U.S. companies’ relationships with their Chinese business partners have been strained in the past year, and that has only accelerated the past few months, as we have noted in prior blog posts (see The US-China Trade War: What’s Next?, When Will the US-China Trade War End? It’s the New Normal, and The US-China Trade War:

law bans imports xinjiang

New Law Bans All Imports from Xinjiang

On December 23, President Biden signed a new law that bans all imports from Xinjiang. Specifically, the new law establishes a rebuttable presumption that any product from Xinjiang was made using forced labor. Some observations: 1. Not Just a Xinjiang Problem We have repeatedly pointed out in these pages that even a total ban on

china law blog

China Mergers and Acquisitions: When Your Due Diligence Says Don’t Do It

My law firm’s international lawyers do a significant amount of transactional work, which we call “happy law.” It’s generally happy because the buyer and seller largely know what they want from the other side and they have already agreed in principle on what the deal will look like. Both sides bring in transactional lawyers like

hong kong

Hong Kong’s Demise and Merry Christmas

Night before Christmas so slow day today, so I will use it as an excuse to reminisce a bit. In August, 2019, in what now seems like an eternity ago, in Hong Kong for International Business: Stick a Fork in It, we were — as far as I know — the first to declare the end

sidewalk

The China Thrill Is Gone

A recent Twitter thread from Sari Arho Havrén hit home, as it so perfectly captured my own feelings. She tweeted: Sometimes I miss Hong Kong and Mainland China so much that it physically hurts. 30 years of my life has been tied to China. I have lived in four Chinese cities (incl HK twice). Strings run deep

doing business in china

Doing Business in China: A Personal View

About a decade ago, I had been working with Damjan DeNoble, who was at that time a health care consultant in China but wanted to go to law school. Towards that end, he asked me to review his “personal statement” for his law school application to the University of Michigan. I reviewed it and liked it