I was just reading Civil Procedure Law’s of the People’s Republic of China and found Article 5 to be interesting. They focus is reciprocity of rights and obligations of a foreign party, whether plaintiff or defendant, and those of a Chinese party. Article 5 starts out by stating both the …
[Continue Reading]
The answer depends on who you ask- manufacturers, brand holders, trading companies or sourcing agents. It also depends on the industry, but here is the big picture.
At the macro level, the trading companies and sourcing agents are getting cut out of the supply chain unless they provide real value. …
[Continue Reading]
At first glance foreign direct investment (“FDI”) sounds, well just that- “foreign” and hard to understand. So let me try to shed some of the obscurity. I am by providing a high level overview of what FDI is and a few things to consider.
Many times a businesses will find themselves …
[Continue Reading]
I realize it is outside of the traditional China sourcing topics, but so many friends and family have asked me about how to open the China market for western products, I thought I would offer some comments to our readers who are contemplating a sell to China strategy.
The following cases …
[Continue Reading]
Article 31 of Contract Law of the People’s Republic of China in summary states that if someone accepts an offer, but in their acceptance makes a non-material change of the offer, acceptance is still made, save two instances. The first instance is when the offeror make a timely objection to …
[Continue Reading]
follow: