May 02, 2008
"No love" in China for foreign corps.
Sorry, Yanks. China does love foreign investment--but it puts managing its populace of 1.4 billion people first. It will not tailor, bend or even explain laws and regs for foreign companies upon demand. WAC? doesn't like it either--but then we have an ugly American streak where U.S. clients doing business abroad are concerned. But listen to these two old China hands. Dan Harris at China Law Blog notes that "Foreign Companies In China Can't Get No Love" and Shanghai-based Rich Brubaker at All Roads Lead to China has this one: "Regulations in China: Are You Prepared? Are Ready? Are You OK?". And see CLB's earlier and related piece, "China Law As A Guessing Game".
Posted by Holden Oliver (Kitzbühel Desk) at May 2, 2008 06:56 PM