Author: Attorney at Law Didier RIGAULT

China is once again in the spotlight. Not only because of the preparation of the Olympic games, the substantial growth in its gross national product or its dominant position in the world banking system, but also because of the large coverage in the mass media in Europe and the USA on important counterfeiting and deliveries of products of bad quality by indelicate manufacturers. The owners of the counterfeited products or trade mark and the unlucky importers of defective products are subject to loss of market shares, loss of profit and risks costly claim. The Norwegian government announced its China strategy on 14th August 2007, and whiles other European countries and many companies already have their own China strategies, others companies should consider developing their own strategy based on a careful evaluation of opportunities and risks.

China is the land of opportunity for companies seeking to increase their turnover through import and export, but it is also a very foreign country, demanding a healthy dose of cynicism in order to avoid loss and disappointment and keeping a cool head. The purpose of this article is to give readers who want to manufacture their products in China a few tips on reducing risks and thereby maximizing profit – without being exhaustive.

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