Tag: china

Sino-Foreign Joint Ventures: Making business partnerships work in China

Foreign business seeking to enter the Chinese market may prefer, or even find it in their best interests, to collaborate with a local partner. Commonly, foreign businesses able to accelerate the growth of their services or goods in China do so with a local partner who has established a market presence. In this manner, the…

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The importance of supervisors in corporate governance: high trust and understanding

Under Company Law of the People’s Republic of China (revised 2018), the corporate governance of a limited liability company shall include shareholders, a board of directors and senior officers. Previously, we reflected on the corporate governance structure and responsibilities. Here, we focus on the importance of the board of supervisors or supervisor in a limited…

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China’s first e-commerce law to go into effect from 1 January 2019

In recent years, e-commerce has boomed in China. And with the upcoming Singles’ Day, promoted annually by Chinese e-commerce giant Alibaba and held on 11 November, we’re going to once again witness the power of e-commerce spending. The event, billed as ‘anti-Valentine's Day’ where Chinese singletons go on a global online shopping spree, last year rung…

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Cybersecurity: Protection of Personal Data

Last year, the Cybersecurity Law of the People’s Republic of China (CSL) came into effect from 1 June 2017. CSL brought about national standards for cybersecurity protection, specifying security measures for network operators and providers of network goods and services. Key aspects of the law were highlighted previously on this blog, of which you can…

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