China’s Economic Slowdown and YOUR Business: The Gloom and Doom Edition
How China's slowing economy impacts foreign businesses.
Elizabeth Holmes, Theranos, China, and Due Diligence: Don’t Trust AND Verify
China company due diligence is needed now more than ever.
Another Chinese Joint Venture Goes Nuclear: Lessons for Minority JV Partners
A good friend and China watcher recently posted a CNN article on LinkedIn regarding issues with the Taishan Nuclear Power Plant in Guangdong Province. As I read the article, I could not help but see the glaring issues that tend to arise in China joint ventures, even where the non-Chinese JV partner takes as many
The Evolutionary Arc of China’s Private School Law
Whenever an impactful revised law is issued in China, our lawyers see two things happen: panic by those now caught operating illegally, or dismissal by those motivated to make all things China seem rosy. Recently, there has been much concern and buzz around the latest revision to China’s laws on the Implementation of the Private
How Do I Decide Which Type of Foreign Entity to Use When Taking My Company Overseas?
In two recent posts, How To Succeed When Taking Your Company Overseas and Do I Always Need to Form a Company in a Foreign Country?, I discussed some common issues companies need to wrestle with when deciding whether and how to take their company overseas. Among those are the pitfalls of having a foreign entity
Thirteen Reasons Why Chinese Companies So Often Fail Outside China
Way back in 2010, I wrote Ten Reasons Chinese Companies Fail In The U.S. for Forbes Magazine. Then in 2015, I did a blog post on the same topic, entitled Top Ten Reasons Chinese Companies Fail in America My top ten list in that article was as follows: 1. Chinese companies focus on a Chinese
Do I Always Need to Form a Company in a Foreign Country?
In yesterday’s post (How To Succeed When Taking Your Company Overseas) I briefly mentioned one of the most common problems companies face when going international: having a foreign entity when you do not really need one (and relatedly, having the wrong type of foreign entity, which I will discuss in a future post). This mistake
How To Succeed When Taking Your Company Overseas
We international lawyers often get calls and emails from companies looking to set up a subsidiary or other company overseas. This is one of the most exciting but also daunting prospects for a company more accustomed to domestic laws, regulations, financiers, and business partners. In this post, we will briefly look at the key things
How Not to Be in China
Chovanec nails it and his tweet instantly reminded me of something I read in a recent email from a China consultant I have known for years. His new email address was for a strange sounding company so I followed the URL from that address and discovered this China consultant now has two companies. One focuses