Doing Business Safely in China

Introduction

In recent years, China has become one of the world’s leading economic powers (in 2008, it overtook Germany to become the third largest economy on the planet in GDP terms, behind the US and Japan). This economic development took place in the space of barely 30 years as it has to be remembered that until the end of the 70s, China was closed to the outside world and during that period (first the Imperial reign, then its short experience as a republic, followed by the establishment of the People’s Republic, with the Cultural Revolution), commercial relations between China and the outside world were virtually non-existent.

It should also be noted that following the break up of the USSR, China repealed a number of the Soviet-inspired ...