US China business

Some Hope For the Future After Meeting China’s #3 Diplomat in the U.S.

Recently, I was fortunate to attend a World Trade Center Utah event attended by Minister Jing Quan, the number three-ranking Chinese diplomat in the U.S. This was the first visit by a high-ranking Chinese official since the imposition of the “Trump tariffs”, after which a massive delegation of Chinese officials descended on Salt Lake City

President Xi and Putin

President Xi Will Hold Onto Power, BUT . . .

At least once a day, someone — usually a client — asks me if President Xi will hold onto power. And every day, I give  a much shorter version of the following half-serious, half-facetious answer: He will hold onto power, but for how long I don’t know. It’s like the stock market. I can right

中国和Web3

中国区块链的发展和机遇

Blockchain technologies are inherently international, and China has had its share of news lately. I have spoken on China and web3 from both business and national security perspectives. These new technologies present challenges and opportunities both inside and outside China. This post focuses on the for-profit blockchain developments and opportunities in China.

China is increasing business regulation

China’s AML Increases Regulatory Oversight

For international businesses, the takeaways should be clear. First, the trend of increasing oversight  of business activities by the Chinese authorities continues. As readers of this blog will have noted, this is a recurring theme in much recent Chinese legislation, even that coming out of the special administrative regions, such as Macau's new gaming law. Second, engaging in monopolistic practices  in China is now a riskier endeavor, with increased penalties for companies and personal liabilities for responsible officers. When dealing with competitors and trading partners, businesses must beware the AML and give it a wide berth to any activity that could be construed as a monopolistic practice.

Doing business in China

Who is Still Doing Business in China?

For the past several months we have been engaged in many transactions relating to China with companies still doing business in China. These companies recognize both the business opportunities and the business risks. (Those who do not fully understand the risks are still doing their business deals without the help of a lawyer on the front end, which means we usually hear from them when something has gone wrong.)

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.

中国公司砍伐/密封

中国公司Chop走向数字化

中国的公司印章是一个官方印章,它对公司在盖有其公司印章的文件中所同意的内容具有法律约束力。根据中国法律,公司印章是文件上有印章的公司同意的有力法律证据。公司印章(又称公司印鉴或公司印章)实质上取代了合同和其他重要文件上的签名。公司印章对整个公司具有约束力,通常不管谁(如果有的话)在文件上签字。