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.
What to consider when choosing a location for your business
Despite all of the differences that exist between the U.S. and Chinese markets, there are several aspects of forming a business that do not change.
Should businesses consider a joint venture in China?
In some cases, the only way businesses can establish themselves in China is through a joint venture. Chinese law often requires U.S. businesses to use joint ventures, so they are some of the most common entities overseas.
Salesforce and Alibaba: A beneficial partnership for all?
The cloud is a new way for individuals to store anything from photos to music or documents. However, it also allows people to use streaming services such as Netflix or communicate with people across the globe through Microsoft OneDrive. It connects the world through the internet like never before.
Whose interests does a translator represent during negotiations?
Sometimes in a business negotiation, it can feel like you and the other party are speaking a different language. You both have something the other wants, but getting to an agreement is challenging.
Starting a business in China: Where to begin
Once a business decides their next endeavor is the Chinese market, the next logical step is deciding how to do it. For some, the best course is to set up a separate business organization in China. Below, we outline the most common legal structures for foreign-invested business in China.
A closer look at the “Made in China 2025” plan
Made in China 2025 is a ten-year plan aimed at quickly updating China’s manufacturing base to more high-tech products. When it was introduced in 2015, it drew a lot of attention by global leaders – especially in the United States.
Trade tensions hurting sale of American products in China
A new study released this week found that, in light of trade tensions between the two countries, Chinese consumers are buying fewer products from the United States. The survey, released by London-based firm Brunswick, polled 1,000 American consumers and 1,000 from China to find out how the ongoing “trade war” was impacting buying habits.
