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Gordon Orr, Chairman of McKinsey Asia, has put up on Linkedin a very helpful “Pocket Guide to Doing Business in China.” There is not much if anything new or earth shattering in this guide, but it is an excellent (and blissfully brief) compilation of information helpful to anyone doing business in China or doing business with China, or even contemplating the same. I highly recommend that you read it.
My favorite part of the guide was the section entitled, “Industries with potential for faster growth in the next decade.” I liked that part because I both because I know that a company like McKinsey knows whereof it speaks on something like this (to the extent anyone can know) and because I found myself agreeing with the industries listed. In fact, with but one exception (clean energy), if I had to list out the fastest growing industries within my own law firm, I probably would have listed out the very same. Orr listed out the following, and provided clear and cogent explanations for each:
While on the subject of Linkedin, I cannot resist suggesting that those interested in China law or business check out and consider joining our China Law Blog Group on Linkedin. We have more than 10,000 members and yet we keep it 100% spam-free and 100% China-relevant. Most importantly, it is a great forum for China discussions.
The post A Guide To Doing Business In China appeared first on China Law Blog.
We will be discussing the practical aspects of Chinese law and how it impacts business there. We will be telling you what works and what does not and what you as a businessperson can do to use the law to your advantage. Our aim is to assist businesses already in China or planning to go into China, not to break new ground in legal theory or policy.