China is uniquely different from any country in the world in that there is no key business model to doing business in china. China is a combination of markets which differ greatly from each other. To add to this challenge the consumer market regularly shifts and changes therefore any business approaches need to be aligned with the consumer economic and regulatory landscape.
Investors in particular should be guided with caution when finding potential joint venture partners or M&A targets. The China deals environment can be a challenge, as good deals are hard to find, and the process can be complex and protracted. Investors must make sure M&A is the right entry and growth path for them.
At Germela law, we have ensured we have local presence in China and have provided services in the Chinese market for years. We have extensive and positive connections with various levels of government in an environment where this is of utmost importance.
We understand the complexities of doing business in the Chinese market and have gained particular experience in the area of mergers and acquisitions to make sure you have considered all your options before proceeding down a merger and acquisition path. We Conduct due diligence as early as possible, and test how ready your target is for integration. We take a proactive assessment of your target’s internal controls and corporate governance can help prevent implementing new procedures and processes without due consideration for Chinese cultural differences, practicality and the regulatory environment.