When U.S. business owners want to enter the Chinese market, many of them worry about the safety of their intellectual property. China’s IP laws meet the World Trade Organization’s standards, but many people still worry about IP theft, since these laws are not often strictly enforced.
Citigroup making a move as the Chinese financial sector opens
China only permits certain types of foreign businesses to operate in their country. More than 300 industries are allowed, but there are still several that the law does not sanction.
What businesses are booming in China?
The Chinese market may be facing many challenges with current events. However, the economy is still growing at a rapid rate. U.S. business owners and investors are still actively building their businesses in China to reach the globalized market.
What factors must be in a partnership agreement?
Every business partnership should establish a partnership agreement. However, the laws that dictate partnership agreements in China are different than they are in the U.S.
Will the U.S. and China establish a reciprocity agreement?
It is no secret that there currently exists monumental tension within business and trade operations between the United States and the People’s Republic of China (PRC). Meanwhile, innumerable contracts continue to connect the two countries despite seemingly incompatible regulations, political climates and investment strategies.
Terminating employees in China requires a specific process
In the United States, most employers reserve the right to hire or terminate at-will employees how they choose. They often do not have to cite a reason for the termination either, although they cannot terminate employees in retaliation for engaging in an activity protected by law.
