Can a U.S. business perform an acquisition in China?
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
3w ago
Expanding a business into international markets presents both challenges and opportunities. For U.S. businesses planning further growth, China's dynamic market offers immense potential. However, the process of acquiring a company in China involves navigating various legal and cultural considerations. Understanding the regulatory landscape Before proceeding with an acquisition in China, U.S. businesses need to understand the regulatory framework governing foreign investments. China has specific laws and regulations governing foreign acquisitions. These laws aim to protect national interests and ..read more
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The Chinese system of interpreting laws
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
3w ago
In the United States, the judicial system provides checks and balances to the legislative branch of government. Part of this process includes having federal and state courts interpret laws. In China, the National People's Congress Standing Committee decides how to apply pieces of legislation. The process is notably different than what most Americans have experienced. The NPCSC The NPCSC is a permanent body of approximately 170 members, elected by the National People's Congress. This group enacts the majority of China's national laws and oversees other governmental bodies. The NPCSC has the aut ..read more
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The impact of the Belt and Road Initiative on business
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
1M ago
China's Belt and Road Initiative is a significant global infrastructure development and investment strategy that the Chinese government launched in 2013. The initiative aims to enhance connectivity and cooperation among countries primarily in Asia, Europe and Africa. The BRI consists of the Silk Road Economic Belt, which focuses on land routes, and the 21st Century Maritime Silk Road, which emphasizes maritime routes. This ambitious project has far-reaching implications for global businesses, influencing various aspects of trade, investment and economic development. Benefits One of the key imp ..read more
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What you need to know about China’s new civil procedure
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
1M ago
When operating a business in China, it is important to understand the civil procedure system. Proper knowledge helps you navigate legal matters effectively. You can face potential challenges and risks when you do not know the laws. Ignorance of the rules can lead to unintended legal consequences. New civil procedure law China's new civil procedure law (2023 Amendment) took effect on January 1, 2024. This revision is the first substantive one in 30 years. It introduces significant reforms to enhance judicial efficiency and protect parties' rights in civil cases. The updated law streamlines proc ..read more
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4 steps for Americans to sue someone in China
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
2M ago
Suing someone in another country can seem daunting. The task inherently involves complex international laws and procedures. Americans looking to sue someone in China must recognize the necessary steps. Otherwise, the process is more likely to take longer or result in an unfavorable outcome. Step 1. Understand Chinese jurisdiction For a Chinese court to consider a case, the lawsuit must fall under its jurisdiction. This usually means the defendant lives in China or the dispute occurred there. One needs to determine if the Chinese courts will accept a particular case based on these variables. St ..read more
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Cultural nuances in Chinese business communication
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
2M ago
Cultural norms vary between North America and Asia. Because of these cultural differences, misunderstandings can arise when professionals from China and the U.S. communicate. Getting comfortable with the Chinese way of doing things takes time and experience but there are a few things that those new to the culture can keep in mind to make transactions go more smoothly. Hierarchy and formality When corresponding with Chinese professionals, address them using their titles and last names. Using appropriate titles such as Mr., Mrs. or Dr. is advisable until invited to use first names. Doing so demo ..read more
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Can I sue a Chinese business for using my intellectual property?
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
3M ago
In today's globalized world, protecting your intellectual property is more important than ever. Cutting-edge cybercrime technology makes it startlingly easy for malicious individuals from other countries to infringe on your intellectual property rights, with China standing out as one hotspot for this harmful activity. If you find that a Chinese business is using your intellectual property without permission, you may wonder if suing is an option. You can make the best decision by knowing exactly how you can respond to international IP theft. Understanding intellectual property Intellectual prop ..read more
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4 factors to consider before seeking out a China-based company
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
3M ago
In a globalized business landscape, many U.S. companies explore opportunities to fulfill their business needs through partnerships with Chinese companies. While such collaborations can be fruitful, they come with unique challenges that require careful consideration. Before entering into agreements with China-based entities, U.S. businesses should evaluate several factors to ensure a smooth and successful partnership. 1. Regulatory compliance Navigating China's complex regulatory environment is a key consideration. Compliance with local laws and regulations is non-negotiable. Failure to adhere ..read more
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What can I do if a China-based business sues my U.S. business?
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
3M ago
In today's interconnected global market, U.S.-based businesses may find themselves facing legal challenges from companies based in China. While it can be a daunting prospect, understanding the landscape and taking proactive measures are key to navigating these situations. Understanding the jurisdiction When confronted with a lawsuit from a China-based business, the first step is understanding the jurisdictional nuances. Legal systems in the U.S. and China differ significantly. When preparing to engage in cross-border legal complexities, consider the potential impact on your business operations ..read more
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PPE sales challenges between China and America
Law Offices of Justin Shrenger, APC
by On Behalf of Law Offices of Justin J. Shrenger, A Professional Corporation
4M ago
The sale of Personal Protective Equipment is a pivotal aspect of international trade between China and America. However, this burgeoning market has its share of business litigation issues, posing challenges for companies on both sides of the Pacific. Quality One pressing concern is ensuring the quality of PPE products. As a purchaser, you must analyze product specifications and certifications to safeguard against subpar goods that may compromise safety. Different regulatory standards between China and the United States add another layer of complexity. As a business operator, compliance is cruc ..read more
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