A survey released last week revealed that American companies are facing backlash in China over continuing trade disputes between the two countries. Less than two weeks after the U.S. increased tariffs on Chinese imports, nearly half of members of the American Chamber of Commerce in China reported facing retaliatory measures by the Chinese government.
Understanding proposed “China Technology Transfer Control Act”
Senator Josh Hawley (R-Mo.) introduced a bill yesterday aimed at curbing intellectual property theft and unfair trade practices in China. If passed, the China Technology Transfer Control Act would place export controls on technology and intellectual property “important to the national interest of the United States.”
In light of continued trade tensions between the U.S. and China, this new legislation is worth a second look.
How to “serve” someone in a foreign country
In today’s global economy, many companies will encounter disputes with firms in another country. Many may wonder, how does an international lawsuit begin? We often take service of process for granted in domestic lawsuits – people view it as a given. However, when international firms are involved, the rules change.
Today, we cover the procedures for international service of process – with a focus on serving defendants in China.
Chinese trademark office fights back against trademark squatters
Last week, China’s State Council adopted new trademark regulations aimed at combating bad faith registration. The amendments, based on draft regulation published by the China Trademark Office back in February, address long-standing issues of “trademark squatters” holding trademarks ransom.
Before passing these new regulations, China’s trademark system provided little protection against fraudulent trademark applications. Someone could register a trademark without proving actual use. Under the new rules, companies in the United States and across the world may be able to worry less about having their marks pulled out from under them in China.
Want to go green? Try China.
Many business owners struggle with balancing the development of a profitable product or service with taking care of the earth. And in some international business endeavors, you might find different definitions of what encompasses “going green.”
If you are committed to conducting business in an eco-friendly manner, you might be interested in the dedicated efforts taking place throughout China. Through the release of China’s new Green Industries Guidance Catalogue, you can gain an understanding of the country’s plans to increase sustainability in the world’s largest market of earth-friendly goods and services.
China might be moving toward curbing forced technology transfers
Recent proposals for a change in Chinese trade law have U.S. and European businesses feeling cautiously optimistic this week. Current law in China allows regulators to force foreign companies into giving up the rights to their technology in exchange for entry into the Chinese market. However, new legislation may put an end to the practice – if regulators enforce it.
What to think about when licensing your tech in China
Whether the new tech you have created is software or an impressive new gadget, it can be exciting to watch your hard work pay off once it begins to sell. As you build your business and your brand, you may start to consider licensing what you have created to foreign markets.
Expanding into the Chinese market can be an incredible opportunity. By licensing your tech product in China, you have the chance to move into a growing marketplace.
What is the value of respect? Doing business in China.
If you want to conduct international business, you are not alone. In some cases, multinational connections can help you increase sales in more ways than you imagined.
However, when doing business in another country, you must remember that different cultural norms apply. For example, if you would like to do business in China, being aware of certain traditions can help increase your chances of making lasting connections. But do you know how to develop business deals in China?
Safeguarding one’s intellectual property in China
Despite intellectual property protection improvements, American businesses remain cautious about doing business in China. IP is at the center of their concerns.
Commentary in The Heartland Institute publication mentions the value American companies place on IP protection. The U.S. Chamber of Commerce ranks the U.S. as first in IP protection.
Improvements made in doing business in China
The market in China is too big for American businesses to ignore. Despite pessimistic assessments, there are signs that America and China are resolving business issues.
In its analysis, the Brookings Institution highlighted areas of success. While China only joined the World Trade Organization in 2001, we are closer to China regarding issues of security and trade than ever before.
