PHOENIX—Familiarity with three things—fluctuations in economic growth, a U.S. law affecting foreign investments and a Chinese law that may make operations more difficult—are necessary to grow a business in China.
Economic growth has cooled in China to 6.2 percent this year, its weakest performance in 27 years, according to Reuters. The trade war between the U.S. and China may be part of the reason for the economic slowdown, according to speakers at the Association of Corporate Counsel (ACC) Annual Meeting on Oct. 29.
Alibaba, a leading Chinese e-commerce site, had revenue growth of 40 percent last quarter—and that was a bad quarter for the rapidly growing company, according to Christopher Chan, general counsel and head of government…
Credit to Allen Smith, J.D. for the original post.