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ARTICLE · 20 OCTOBER 2023

Doing Business In China In 2023: Key Issues To Consider

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Business for U.S. companies in China has become increasingly complicated. Laws and regulations on both sides of the Pacific are in a constant state of flux, targeting individuals, entities, and industries alike.

GlobalInternational Law
Michael Mendelson
Michael Mendelson
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Business for U.S. companies in China has become increasingly complicated. Laws and regulations on both sides of the Pacific are in a constant state of flux, targeting individuals, entities, and industries alike. Moreover, the lack of transparent rules and policies, or reliable economic and financial data can make even basic due diligence difficult, if not questionable with regard to the results. Stringent national security laws have resulted in headline-worthy dawn raids by Chinese authorities on the local operations of companies like Bain & Company and the Mintz Group.

Nevertheless, China still represents a huge market opportunity for many western businesses, as well as a reasonably sophisticated, lower cost option for manufacturing. If you are interested in exploring such opportunities, take time to consider the following key issues before making a commitment to the Chinese market for business expansion or establishing local operations.

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