New Macau Gambling Laws

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.

US Chinarelationsbadforbusiness

Nancy Pelosi’s Visit to Taiwan is Really Bad for Your China Business

today I am turning that alarm to an eleven out of ten because of the kerfuffle surrounding Nancy Pelosi's expected visit to Taiwan. I do not know for certain whether Speaker Pelosi will go to Taiwan or not, but I am thinking that she will. Most importantly, I have no clue what China's reaction to her visit will be. But I am certain that this trip will substantially worsen relations between China and the West and that those relations will either stay at that lower level or, more likely, continue to get worse.

China company chop/seal

The Chinese Company Chop Goes Digital

A China company chop is an official seal or stamp that legally binds the company to what it has agreed to in the document on which its company chop has been stamped. Under Chinese law, a company chop is strong legal evidence of the agreement of the company whose chop is on the document. The company chop (a.k.a company seal or company stamp) essentially replaces a signature on contracts and other important documents. The company chop binds the entire company, usually no matter who (if anyone) actually puts their signature on the document.

forced labor sanctions

Forced Labor: It’s Getting Real

For importers of Chinese products, this coming June 21 will be a critical date. On that day, a rebuttable presumption that all products made in Xinjiang violate the U.S. forced labor statute will come into effect. The rebuttable presumption is mandated by the Uyghur Forced Labor Protection Act (UFLPA), which was signed into law by

China sinking

This is China . . .

This is China. The data points tell us where China is heading and they are saying that its economy is tanking as it continues to decouple.

China COVID lockdowns

The Real Meaning of COVID-zero.

I got an email from a friend/client yesterday and I liked it so much I got his approval to run it, lightly edited to strip out any possible identifiers and with links added. This friend/client runs what was for a long time a very successful manufacturing business in China. He owns and operates a company