Por Jack Perkowski

Nas matérias econômicas, eu dou geralmente ao governo chinês marcas elevadas. Começando em 1978 com uma economia que poderia mal alimentar seus povos, o governo guiou China com 30 anos incredible da reforma e do desenvolvimento econômicos.

Eu fui aqui para a metade desse período, e testemunhei pessoalmente como China construiu para fora seu infrastructure, desregularizado uma indústria após outra, privatizado muitas de suas companhias state-owned e embraced o globalization juntando a organização de comércio de mundo. Em conseqüência destas reformas e de mais, China é agora a terceira economia a maior no mundo, e todos está esperando para ver o que os 30 anos seguintes trarão. Leia o descanso de “às vezes, o mercado quer apenas ir abaixo” ou afixar um comentário

Os riscos comuns, neste contexto específico, consultam a uma cooperação registada da entidade legal entre pelo menos um investor extrangeiro e o investor chinês. Previamente, esta estrutura era mais comum, embora foi firmemente diminuir devido às desvantagens ajustadas para fora abaixo.

Os riscos comuns podem ser classificados em dois tipos diferentes:

Leia o descanso de “de veículos do negócio China: A parte III” ou afixa um comentário >>

By Ching Mia Kuang

Starting from 1 December 2004, a new investment vehicle has been available to foreign investor – Chinese government allow and encourage foreign investor to set up “Foreign Investment Commercial Enterprise”(FICE) in China to conduct wholesale, retail, and other permitted businesses. Such a type of business entity possess of the total right of trade and business. It can conduct import/export activities by itself, independent of the local import and export company or setting up a manufacturing company.

Furthermore, from 1 March 2006, the law permits FICE to apply and obtain approval documents from the local municipal Foreign Economic Relation and Trade Commission, instead of from Ministry of Commerce in Beijing.

The FICE is a limited liability company wholly owned by foreign investor. It is a legal person. The foreign investor has sole responsibility for its profits and losses. Limited liability is recognized by the amount of registered capital injected into the entity. The FICE is able to implement strategies that effectively conform to the interests of the parent company abroad. To carry on different trading business, it must have the required permits and certificates. Read the rest of “Registration of a FICE in Shanghai” or post a comment

By Zennon Kapron

Most of the commentary on the Shanghai market depicts the average Chinese investor as unknowledgeable and following the herd. However, a recent study that we’ve (kapronasia) just completed with Amber shows that individual Shanghai A-share investors are actually much more market savvy than commonly thought.

Although influences like lucky numbers and family advice still impact some decision making, the reality is that most investment decisions today are made on the basis of solid indicators like company fundamentals and straight-forward economics. However, even with this knowledge, Chinese investors still invest in a market that they clearly view as overvalued. Read the rest of “Betting on the Dragon: Chinese investor behaviour” or post a comment

Having a meaningful footprint in China has become a strategic imperative for multinational companies from around the world. The attraction is China’s seemingly insatiable demand for products, services, capital and technology. George D. Martin, partner and chair of the Faegre & Benson China Practice, sees the current acquisition boom in China as the logical culmination of foreign investment trends that he first observed when practicing in Shanghai in the mid-1990s. Martin expects this M&A trend to continue. But in the years to come, he advises, it won’t be just foreign companies on the buy-side of cross-border M&A deals involving China.

China’s accession to the World Trade Organization (WTO) in 2001 opened new sectors to foreign investment and eliminated many restrictions on structuring those investments. As a result, joint ventures that were in vogue among early China investors waned. Read the rest of “Dealmaking in China: Getting In on the Action” or post a comment