The folks over at BusinessInsider were kind enough to post the presentation from Nomura Chief Economist Richard Koo’s speech to George Soros’ Institute for New Economic Thinking this weekend. The presentation lays out in clear detail how the U.S. and Europe are in the midst of a balance sheet recession. Koo draws comparisons between the… Continue Reading
Tag Archives: China
The BRICfast Club: A Series of Posts Dedicated to Brazil, Russia, India and China (Part II)
Posted in Business Transactions, International Investments, Random Thoughts and ObservationsIndia Needs Massive Investment in Physical Infrastructure to Catch China Growth This is the second in a series of posts dedicated to the BRIC countries. While the late John Hughes would have appreciated the titular tribute to his Breakfast Club classic, the series is meant to stimulate a robust discussion among those interested in the… Continue Reading
How to Protect Your Intellectual Property and Avoid Outsourcing Pitfalls
Posted in Business Transactions, Intellectual PropertyDefine. Scrutinize. Monitor. About 11 years ago my firm was retained by a large computer company to file a claim against an Original Equipment Manufacturer (OEM) based in Taiwan for theft of trade secrets. Our client had retained the OEM to manufacture what was then the first “all-in-one” motherboard. I’ll spare you the technical details… Continue Reading
Are You Sure Your China Business Operations Do Not ViolateThe Foreign Corrupt Practices Act ? Don’t Be an Unwitting FCPA Violator
Posted in Corporate GovernanceIts incredible how every business discussion these days centers on China. While the U.S. and Europe struggle to get things moving, China continues to dominate the world’s leading economic indicators. GNP. check. GDP. check. FDI. check. As more U.S. companies shift production to China, competitive forces have upped the ante for businesses to deliver the… Continue Reading
Official World Holidays for 2010 (Cajun Nation Included)
Posted in Random Thoughts and ObservationsBecause my international practice involves working with folks all over the world, I keep a keen eye on world holidays and do my best to schedule my work around them. This is one of the best ways I can show my respect for other cultures. The folks overseas always appreciate the extra attention to detail… Continue Reading
The Great Firewall of China: How Lessons from the Apartheid Era Can Lift the Information Curtain
Posted in Corporate Governance, Random Thoughts and ObservationsCorporate Codes of Conduct Played a Major Role in the Collapse of Apartheid in South Africa and Are a Viable Means to End Digital Censorship in China. The remarks of U.S. Secretary of State Hillary Clinton yesterday that “we stand for a single Internet where all of humanity has equal access to knowledge and… Continue Reading
Hong Kong to Remain International Arbitration Hub in Asia
Posted in International Arbitration, International LitigationOn a recent trip to Hong Kong, I noted several newly built skyscrapers filling up the remaining voids of the city’s skyline. From my perspective sitting in the Felix restaurant, perched atop a high rise on the other side of Victoria Harbor, it was easy to see how global economic and financial activity had shifted… Continue Reading
Zen and the Art of Initial Public Offerings: China Takes Global Lead
Posted in International Investments, International LitigationAs reported by the Wall Street Journal’s Lynn Cowan today, China has taken the global lead in initial public offering activity for 2009. As Ms. Cowan reported, should the pace continue, China will come out on top of "every other country, and even entire regions such as Europe and North America, for all of 2009." … Continue Reading
Enforcement of Chinese Judgments in the United States
Posted in International Litigationon August 12, 2009, the United States District Court for the Central District of California issued a judgment enforcing a $6.5 million dollar Chinese judgment against an American corporate defendant under California’s version of the Uniform Foreign Money Judgments Recognition Act. The court’s full decision is available here. This case is unique because it is… Continue Reading
Emerging Market IPOs: 6 Risk Factors to Consider
Posted in International InvestmentsThe economic landscape in emerging markets such as Brazil, China and India are beginning to show signs of life. These “greenshoots” are taking the form of IPOs, which are a leading historical indication that world markets are springing back to life. Emerging Market IPOs on the Rise As reported in the Financial Times in the… Continue Reading
Franchise Disputes in China: Several Ways to Minimize Conflict
Posted in Dispute Resolutionon a trip to Beijing several years ago, I expected to be immersed in Eastern culture far away from the influence of the West. I was shocked to find a Starbucks within the walls of China’s most sacred site— the Forbidden City. The picture to the right is the photograph I took near Starbuck’s former… Continue Reading
Arbitration Provisions in China-related Commercial Contracts: How to Implement Best Practices
Posted in International ArbitrationOn August 4, 2009, China’s Supreme People’s Court issued a new regulation to encourage parties involved in conflicts to consider arbitration as an alternative means of dispute resolution. The regulation is in response to a rapid increase in lawsuits during the past two years. Under the new regulation, agreements achieved in arbitration or mediation by… Continue Reading