Companies who are new to doing business in Hong Kong or the PRC can easily lose the rights to their intellectual property by failing to properly follow some basic precautions.In both the PRC and Hong Kong, there are many trademark hijackers or squatters that take advantage of foreign companies by stealing their trademarks. In order to avoid this, we will highlight some of the errors... Read Article

A recent survey conducted by Western Union Business Solutions found that settling transactions in US dollars rather than Renminbi (RMB) resulted in US$2.4 billion in fees paid by American companies in 2011 to hedge against foreign exchange risk. Despite the fact that Chinese exporters can trade in RMB and the lower cost for both parties, the survey found that 42 per cent of US customers and... Read Article

China is the world’s factory – it produces a dizzying array of products that are bought by consumers all over the world. Appropriately, since 2009, it has been the world’s largest exporter, having overtaken Germany for the mantle. Despite its prolonged growth spurt however, China’s breakneck growth has recently slowed – the World Bank forecasted China's 2012... Read Article

In June 2011, The Law Reform Commission of Hong Kong recommended that a Charities Commission be created to register, monitor and regulate charitable organisations in Hong Kong in order to increase public trust and promote good governance within charities. The Commission recently completed a public consultation phase and will be followed by a drafting and legislative consultation stage. If... Read Article

If you have a well-known brand and want to do business in China, you may be surprised to find out that your brand has been “hijacked” by opportunists in China. Trademark hijacking is a serious and common problem in China for foreign enterprises looking to expand their brand and markets in China. The Chinese opportunists develop their trademark hijacking plans after... Read Article

In China, official registered chops are the most important items for control of a company and its bank accounts.  “Chops” are essentially stamps that have specific shapes, are always in red ink and must be created and registered with the proper state authorities including the local State Administration of Industry and Commerce (SAIC).  A typical Wholly Foreign... Read Article

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