Trump and Xi Need to Create a Stronger Framework for US-China Relations

Leaders of the world’s two most powerful economies will sit down together for the first time tomorrow. The list of topics to cover could be long. But this meeting is more about the relationship that will be established between President...

/ April 5, 2017

Far from a Done Deal

Recently, the Committee on Foreign Investment in the United States (CFIUS) has been thrust into the limelight with a spate of high-profile deals. An inter-agency committee of the US government, CFIUS has the authority to review, for national security reasons,...

Two Sessions: Consolidating the “Core” While Slow-walking Reforms

The recent two sessions of China’s legislature and advisory bodies were resplendent with “core of the core” choreography ensuring everybody was in lock-step with President Xi Jinping, the leader of the Chinese Communist Party, and with the party, the authority...

/ March 31, 2017

Preventing Insolvency: How to Plan Cash Flow and Financing of a WFOE in China

Forecasting the financial performance of a proposed business and accurately assessing the investment required to launch operations is always a complex affair. In China, where foreign currency restrictions significantly complicate cross-border transactions, the strategic planning of funding foreign-invested entities (FIEs)...

/ March 29, 2017

Chinese Investment Tripled in US in 2016, Doubled in Europe

Combined Chinese direct investment in the advanced economies of North America and Europe more than doubled in 2016 to a record $94.2 billion as China continued its transition to a new growth model, in line with its rapidly maturing economy.

/ March 27, 2017

Open Sesame: China Announces Further Opening of the Economy

China’s State Council has issued a circular of the government’s intentions to further open the economy and boost foreign investment. The circular is part of the effort to build China’s so-called “new open economic system,” with measures focused on streamlining...

/ March 24, 2017

China’s Anti-Corruption Efforts Pay Off: Analysis of 2016 Corruption Perception Index

China’s ranking on Transparency International’s (TI) 2016 Corruption Perception Index (CPI) continues to improve, moving up four places to 79. The latest CPI is a reminder for companies that rely on its rankings to review their global compliance programs and...

Millennials and the Future of Business

As China’s 385 million people aged 18 to 35 reach adulthood, these Millennials are taking control of the world’s second-largest economy. While China’s economic growth has slowed in recent years, it remains well over 6 percent. As that growth continues...

Global Protectionism will not Stymie Chinese Deal-Making

Chinese companies collectively spent nearly $200 billion buying their foreign counterparts in the first nine months of 2016, with an additional increase in spending expected in the final quarter of the year. China’s historical emphasis on resources has been replaced...

/ March 20, 2017

Antitrust Division Focuses Enforcement Efforts on Individuals Behind International Cartels

The Antitrust Division of the US Department of Justice (DOJ) is vigorously pursuing civil and criminal actions against individuals—not simply the companies they run. The issues raised by the DOJ’s enhanced enforcement directive aimed at individual culpability is perhaps most...