Another way of doing business in China? Contract-based business operation

It may appear new to you, I mean, the so called “contract-based business operation”. Actually, it is not new.

Contract-based business operation (the “CBBO“) refers to the operation of a business by a contractor, the business operator, in accordance with a contract concluded by the business owner and the contractor under which…

Tips for drafting business contracts to be used in China

Doing business in China can be so much different that you may feel it hard to adapt in your initial interaction with Chinese business people. As a business lawyer working for foreign clients, I have personally witnessed and experienced such differences in various occasions.

One of the conspicuous differences is the perception of the significance of business…