Archive for February, 2013

Lehman, Lee & Xu has been given the accolade of an InterContinental Finance 2013 Continent Award WINNER.

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 [...]

Published by admin on February 28th, 2013 tagged Uncategorized | Comment now »

Invest in China (Part 1)

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, not [...]

Published by admin on February 27th, 2013 tagged Uncategorized | 1 Comment »

Partners in China

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 some savvy [...]

Published by admin on February 27th, 2013 tagged Uncategorized | 1 Comment »

Designing for China

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 article entitled, “Six [...]

Published by admin on February 27th, 2013 tagged Uncategorized | 1 Comment »

Employees as an “asset” and a key factor in a M&A transaction

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 [...]

Published by admin on February 26th, 2013 tagged Uncategorized | 1 Comment »

Agencies involved in the approval of the M&A transaction and their role

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 the [...]

Published by admin on February 21st, 2013 tagged Uncategorized | 1 Comment »

Labor Dispatching Law in for Major Changes in China

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 [...]

Published by admin on February 21st, 2013 tagged Uncategorized | 1 Comment »

Key PRC government agencies involved in the approval of a M&A transaction

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 [...]

Published by jyin on February 21st, 2013 tagged Uncategorized | 1 Comment »

Implementing a “corporate compliance culture” in China

 
Having introduced the theme on “corporate compliance”, today it is necessary to address some other aspects.
As stated in the previous entry, FCPA influences, or at least it should help in establishing the best practice when doing business with a Chinese counterpart. The key to understanding China FCPA risk, and thus the key to ensuring FCPA [...]

Published by jyin on February 19th, 2013 tagged Uncategorized | Comment now »

Horse Meat, Caveat Venditor, and Chinese Advertising Law

Horse meat fraudulently marketed and sold as beef has much of Europe in an uproar. Processed meat products that so many assumed contained beef as the major meat ingredient have in fact been discovered to contain horsemeat in various percentage amounts. The labels on those products gave no clue that the meat being offered for [...]

Published by jyin on February 19th, 2013 tagged Uncategorized | 1 Comment »