Daily operations in China, usually thousands of miles away from a foreign company’s headquarters, are shielded by a thick language barrier and a business culture that places little value on contracts and accepts less transparent transactions. Widespread allegations of financial and operational irregularities against Chinese companies have caught the attention of many Western media, encouraging those engaging in business transactions with Chinese companies to take a closer look at the way these firms are being run. For Western companies considering mergers and acquisitions or other types of investment in Chinese companies, thorough due diligence on target companies is necessary.
For those with China-based FIEs the most appropriate ...
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