Foreign companies have been struggling how to manage their China investments for decades. Veteran China lawyer Mark Schaub, partner at KWM, looks at how the questions have remained, but the answers changed as China developed from a lucrative niche market into a major competitor for most industries, in his weekly Chit-Chat China.
China lawyer Mark Schaub, a senior partner at KWM, has dealt with many cases for foreign firms, accusing Chinese companies of infringements of their intellectual property (IP). In an interview with Gao Feng Advisory’s CEO Dr. Edward Tse, Mark Schaub shares some of his legal experiences in China at Wei Xin.
Many brands got into hot water in China after the government started to crack down on online influencers and other celebrities. There is a way to avoid those influences and the risks they pose, says branding expert Arnold Ma in the Jing Daily. Also, non-fungible tokens (NFTs) and gamification should be avoided at this moment, Ma adds.
Marketing expert Ashley Dudarenok explains the young digital natives of Gen Z in China 2021 in terms of marketing. How do they spend their budgets? In spending they Gen Z’s are the most wealthy generation in China, she tells at her vlog, although in a population of 1.4 billion, it is dangerous to talk too much in generalizations.
Some investors have been suggesting that the latest political changes in China have made India an easier place to invest. VC veteran William Bao Bean, with major experience in both countries, disagrees, he tells in the South China Morning Post. He believes the government’s efforts to break the duopoly of Tencent and Alibaba makes China for him even more attractive.
China’s authorities have been cracking down on education, tutoring and foreign teachers, scaring foreign firms and teachers. China lawyer Mark Schaub summarizes an earlier webinar under Chatham rules. No reason to panic, he says at his vlog. “It makes completely sense what the government is currently doing. If there is a demand, there will be a way to carry on.”
China’s Xi Jinping is framing his new policies as a new way to diminish the gap between poor and rich in China. While under his predecessors’ new policies were a matter of waiting until they would be replaced by the next slogan, Xi’s slogans like those on the “common prosperity” are here to stay, says political analyst Victor Shih in Asia Times.