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. Next year, the Chinese government will bring many changes as it revises part of this...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. China allows...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. Business owners looking to form partnerships in China must ensure they take the time to...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. One of the most important aspects business owners must consider carefully is the location of their business. Business...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. Though joint ventures are so common,...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...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. Negotiation can be even more difficult when you are trying to...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...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. Some saw it as a veiled...
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