Today just to conclude the panorama on “doing business in China” it is necessary to point out the following important points. It is evident that when doing business in this country any business entity has to use the local currency. The so called RMB is not yet a freely convertible currency, and China is still …
Pawnshops are big business in Hong Kong. So big in fact that the Oi Wah Pawnshop Credit Holdings Ltd. in HK is seeking to be listed on the Hong Kong Stock Exchange and it hopes to raise HK $ 98 million (U.S. $12.6 million) from an IPO. The Wall Street Journal posted an article on …
Lehman, Lee & Xu is one of the most well known Chinese law firms with 31 premises, one of which in Mongolia, branch affiliated offices, throughout Greater China and the region. Lehman, Lee & Xu with its 250 lawyers, patent and trademark attorneys and legal assistants, offers its clients a wide range of services to …
So you have designed a product; something you feel is unique and marketable. Or perhaps you have a product or products you would like to see put into production. Where can you have a prototype built? The answer to that question for some may be China. The website Global Sources ( www.globalsources.com ) posted an …
Do you want to do business in China? Maybe what you need is a partner to work with. “How”, you might ask, “do I work with a partner in China”? “Inc” ( www.inc.com ) posted an article on their website on January 16, 2013 entitled, “How to Partner in China in 2013”which gives a read …
Today, before to continue our analysis about M&A in China, I would like to drag your attention towards another theme, though it has already discussed millions of times by other authors, because it is always useful to refresh what we learnt about this incredible country. China has become the most favorite recipient for Foreign Investments, …
Although acquiring a local enterprise may facilitate the establishment of a company’s presence in China, for the smooth business operation it is not only necessary to retain the key Chinese personnel but also to become familiar with their way of thinking. Here, it is necessary to stress that only by understanding the locals and their …
Employees as an “asset” and a key factor in a M&A transaction Read More »
Several governmental agencies play key roles in M&A transactions. Notably a few agencies have broad authority over such transactions, while others handle specific elements of a transaction. The division of authority between the various agencies is not always clear, and turf battles between agencies are not uncommon. And this can provoke delays and unexpected difficulties …
Key PRC government agencies involved in the approval of a M&A transaction Read More »
Millions of Chinese workers find temporary employment through a process called “labor dispatching” by way of labor dispatch services or enterprises. The parameters for the operations of said labor dispatch services or enterprises are dictated by the “Employment Contract Law of the People’s Republic of China.” On December 28, 2012 the “Decision Regarding the Modification …
Labor Dispatching Law in for Major Changes in China Read More »
As noted in the previous entry, there are several governmental agencies playing key roles in a M&A transaction. The Ministry of Commerce (MofCOM) and the State Development and Reform Commission (SDRC) also known as National Development & Reform Commission (NDRC) are the PRC Government agencies with the primary responsibility for supervising foreign-related M&A transactions. However …
Agencies involved in the approval of the M&A transaction and their role Read More »
