A client came to my office telling a story that was shocking to an outsider. The client is a foreigner who has set up a WFOE in Shanghai two years ago producing cleaning products. As a foreigner unable to read any Chinese, she had to hire a Chinese manager as her right hand. In the WFOE, the manager is below one person only, the client, and above all other staff. …
A corporate client approached us recently for advice on a tricky situation as follows:
The company A has been purchasing serveral accessary parts for their machinery. These articles are purchased at inflated prices (say RMB 20) from their original manufacturer. The procurement department manager (not the general manager of the Company A) found good…