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[–]Chipit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Not a word, of course, about how the trade war is hitting China hard. In fact, this story is curiously absent from any news source. I wonder why?

According to the highly respected China Law Blog, "China’s economy is hurting right now."

I am writing about this now because China today is feeling a lot like Russia in the 1990s. I am getting the sense that many Chinese companies are pessimistic about their futures and they are acting accordingly. Our China lawyers are seeing evidence of this everywhere.

We have also seen a massive increase in what I call early IP theft, which also stems from Chinese companies’ lack of confidence in their future.

Chinese companies have become wary of their foreign buyers leaving them for tariff-free manufacturing outside China

https://www.chinalawblog.com/2019/11/how-to-conduct-business-with-chinese-companies-that-see-a-dark-future.html