China Joint Ventures
Due Diligence for Foreign Joint Ventures in China
Due diligence is an absolute must if you plan to team up with a Chinese partner. It’s a jungle out there, so be wary. This is no place to cut expenses or rush through things because a half-done job may cost you twice as much time and money later. Due diligence is not a particularly prevalent practice among the Chinese and they may have trouble understanding why you are “making things difficult”. If your prospective partner refuses to... Read All
Real Estate Law in China for Foreign Investors
What the Law Says In China, neither domestic companies nor Foreign Invested Enterprises may own land outright; instead they own Land Use Rights. There are two kinds of Land Use Rights – Allocated and Granted. In comparison with Western common law concepts, Allocated Land Use Rights are in some way similar to leaseholds, and Granted Land Use Rights are in some ways similar to life estates. Allocated Land Use Rights are generally provided by... Read All