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Chinese Enterprises Need To Abide By The Rules When They Invest Overseas.

2015/4/5 19:17:00 28

Chinese EnterprisesThe United StatesCultural Barriers

Mark Margolis, a partner in American investment law firm specializing in China's investment in the US, said that after the approval of investment pactions, Chinese enterprises made mistakes in the United States often because of lack of understanding of regulatory and cultural backgrounds.

Haibo international law firm

Shanghai

James Chang, a non partner lawyer at the representative office, said that in general, Chinese enterprises must follow certain registration procedures or be approved by the authorities when undertaking overseas investments.

State owned enterprises must also abide by regulations on state-owned assets or funds.

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Additional disclosure and publication of reports may also be required.

In addition to understanding and traversing the bureaucratic maze of investment regulation between the two countries, Chinese enterprises also need to know some cultural differences, including the use of lawyers and how to properly deal with compliance issues.

Regulatory body

Question.

Another problem is the lack of awareness of how to use lawyers in the United States.

Margolis said that when American lawyers meet with Chinese executives, they often assume that these Chinese clients are ready to take them as trusted consultants, but Chinese corporate executives usually do not use lawyers in this country.

Margolis and Haibo international consultant George Wang believe that another obstacle is the US Foreign Investment Committee in the US.

According to the 2013 annual review report submitted to the Congress by the Committee in February this year, China has been the country with the largest number of national security reviews for second years in a row.

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Under the stimulation of various market driving factors, more and more enterprises devote themselves to children's clothing industry.

Burberry, a luxury goods group, announced that its children's clothing brand had been reclaimed, showing its high regard for children's wear market.

Light luxury brand Kate Space will also launch children's clothing products this year.

It is reported that the scale of China's high-end infant children's clothing market has exceeded 30 billion yuan.

"There are only a few brands of men's and women's clothing in the newly opened shopping mall at the door, while children's business occupies two floors."

Zhang Xu, a small white collar worker, said, "the industry that is closely related to children is becoming more and more common in shopping centers."

As Zhang Xu said, not only children's clothing, including the experience of children's formats, including the entire children's industry, has become the "shopping engine" of shopping centers.

"In the next few years, the children's industry will show blowout growth."

Mr. Zhou, director of investment planning, said: "optimistic about children's industry is a consensus between our businesses and shopping malls, and is also a win-win situation."

With the acceleration of China's urbanization process and the increasing disposable income of urban households, the consumption capacity of children's clothing is also growing.

According to statistics, the per capita consumption of children's clothing increased from 350 yuan in 2008 to 740 yuan in 2012, with an annual growth rate of 20%.

Relevant people predict that by 2017, the per capita annual expenditure of children's clothing will rise to nearly 1700 yuan.

At the same time, 80 and 90 after entering the peak period of marriage and childbirth, these young parents have a solid demand for product quality, fashion design and even brand symbol, instead of entangling the price.

"On the one hand, the market is gradually maturing, and the psychology and mentality of the parents of the 80's and 90's also include the promotion of the economy and the improvement of aesthetics. On the other hand, we do see the vacancy in this market."

Mitti brand manager said.

Mitti, which belongs to the same company as Hangzhou local women's clothing brand OTT, also localize the high-end consumer market.

In the background of the cold wave of clothing industry, children's clothing is called the last piece of cake in the industry.

Last year, children's wear has replaced the fast food products, and has become the largest retailer's sales category now, with a sales scale of 140 billion yuan.

To this end, more and more clothing brands are looking at children's clothing industry, among which there are many international luxury brands, local brands and luxury brands.


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