With all that is going on with China’s economy and with its trade discussions with the United States and with US tariffs and with the EU’s mounting frustration with China, our China lawyers are finding themselves more often engaged in “big picture” discussions with our clients than ever before. We are constantly getting hit with questions like the following:
1. What are you seeing in China?
2. Where do you see things going in China?
3. What’s going to happen with the tariffs?
4. Will China ever open up?
5. Are China’s new foreign investment and IP laws going to change things?
We are well-trained and well-positioned to answer some of these, such as the one regarding China’s new laws and we write about those. See China’s New Foreign Investment Law and Forced Technology Transfer: Same As it Ever Was and China Approves New Foreign Investment Law to Level Playing Field for Foreign Companies. MEH.
But when it comes to something like how the winds are blowing with the Chinese government and how those winds will impact foreign companies that do business in China or with China, we love reading the experts who truly focus on these big picture political-economic issues. I mention all this because I was today sent a report from one of our largest Spain clients, entitled China’s 2019 Two Sessions: What It Means for Your Business. Our client had read the report, found it exceedingly helpful, and thought we too would benefit from it. And we have.
Now before I talk about that article and explain why you should go read it yourself, I am going to indulge in a relatively quick diversion. Yesterday, my law firm had its bi-weekly “international team” meeting. We have one meeting a month at 9:00 a.m. PST so as to make life easier for our lawyers in Spain (at 5 p.m. there) and the other meeting at 5 p.m. PST so as to make life easier for our lawyers in China (at 8:00 a.m. there). One of the things I love discussing…