U.S.-China Phase One Trade Deal
By Robert M. Oberlies and Jessie Lu
The United States and China announced on December 13, 2019, that the two countries have reached agreement on a Phase One trade deal.
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Our group combines the talent of U.S.-based attorneys with deep experience in international transactions and other international practices with a core group of Chinese attorneys who have foreign degrees in addition to their Chinese qualifications.
Immigration
International
Latin America Practice
Foreign Corrupt Practices Act & Anti-Corruption
Cross-Border M&A
Anti-Counterfeiting
“Are We Resetting our Trade Relationship with China or Just Muddying the Waters?” by Bob Oberlies
Bob Oberlies is featured in the Twin Cities Business article “Five Attorneys Decipher Intellectual Property Law”
Seminar Recording of Bridging the Gap in US China Negotiation and Communication Styles
Fredrikson & Byron’s China practice has offices in Minneapolis and Shanghai, China’s largest commercial and financial center. We provide a broad range of services to foreign multinational corporations and Chinese companies in their business ventures in and out of China. We assist them in all aspects of setting up Chinese operations: establishment of joint ventures and other investment vehicles; mergers and acquisitions; facilitating agreements; locating business partners (buyers, sellers, suppliers); dealing with tax issues (import/export, duties); real estate transactions; employment and immigration matters; and intellectual property issues (including patents, trademarks and licensing).
In addition, our China team has experience assisting clients with training and issues involving compliance in China, including the Foreign Corrupt Practices Act (FCPA) as well as Chinese and other antibribery laws. In dealing with transactional due diligence, our review of FCPA issues keeps an eye toward litigation with a focus on deal closing. Our team includes both litigation knowledge and experience as well as FCPA experience on due diligence issues from a deal attorney’s perspective. We focus on keeping a consistent process in FCPA review that includes specific risk assessment for each acquisition target and necessary training for management both during and following the acquisition. Our team also assists clients with internal audits and investigations relating to compliance issues and enforcement.
We also offer our Chinese clients guidance on doing business in the United States. For example, we assist in setting up business operations in the United States, including real estate or land acquisition; drafting and negotiating contracts; purchasing assets or stock of U.S. companies; financing (through either private or public offerings); securing licensing agreements; employment issues (immigration, contracts, non-competes, union negotiations, training); dispute resolution; and intellectual property protection and strategy. The firm’s China team provides our clients unique resources that provide an edge in their U.S.-Chinese operations.
Attorneys in our offices practice across a variety of service areas, including corporate, employment, intellectual property, international, litigation, real estate, securities, immigration, and tax, across a broad industry spectrum, including automotive, agriculture, general manufacturing, energy, health care and insurance. We serve a broad range of clients, including multinational corporations, public companies, privately held businesses, entrepreneurs, government agencies, and family businesses. We serve clients doing business throughout the United States and internationally through our offices in China, Minnesota, Iowa, North Dakota, and Mexico and provide valuable counsel and advice to our clients through our well-established worldwide network.
December 18, 2019
By Robert M. Oberlies and Jessie Lu
The United States and China announced on December 13, 2019, that the two countries have reached agreement on a Phase One trade deal.
August 28, 2019
By Robert M. Oberlies and Jackson Guo
China’s Ministry of Finance announced new tariffs of between 5 percent and 10 percent on $75 billion worth of imported goods from the United States, affecting products in the Midwestern states and deepening tensions between U.S. and China.
May 13, 2019
By Robert M. Oberlies and Jessie Lu
The U.S. Government increased tariffs last Friday on $200 billion worth of Chinese goods, hiking the tariff rate from 10 percent up to 25 percent.
July 6, 2018
By Robert M. Oberlies & Jessie Lu
The U.S. government’s first tariffs on $34 billion of Chinese imports come into effect on July 6, 2018.
April 17, 2018
On May 23, attorneys from Fredrikson & Byron’s China Practice presented a program addressing how different styles of negotiating and communicating used by American and Chinese companies and government officials can impact successful business dealings and government-to-government negotiations.
December 5, 2016
By Robert M. Oberlies & Jessie Lu
On November 7, 2016, China’s Standing Committee of the National People’s Congress adopted the Cybersecurity Law of the People’s Republic of China (Cybersecurity Law). The Cybersecurity Law will take effect on June 1, 2017.
October 13, 2016
By Robert M. Oberlies & Jessie Lu
On October 8, 2016, China’s Ministry of Commerce issued interim measures further stream-lining the process for establishing companies in China and related corporate changes. Find out how this will impact companies doing business in China and future investment.
March 24, 2015
Fredrikson & Byron announced that Robert M. Oberlies has been named co-chair of the firm’s China Practice.
February 27, 2015
During his visit on November 8-10, 2014, to the Asia-Pacific Economic Cooperation (APEC) Summit in Beijing, U.S. President Obama announced that the U.S. and China have reached an agreement to extend the visa validity of short-term business, tourist, student and exchange visitor visas.
February 27, 2015
On January 1, 2015, Handling Procedures Related to Entry of Foreigners for Short-term Work Tasks (for Trial Implementation) (the “Procedures”) took effect. The Procedures provide guidelines for implementing the 90-day work permit rule under China’s new exit-entry law and regulations. The Procedures define “short-term work” and clarify the visa, work permit and residence permit application requirements and procedures for foreign nationals entering China for short-term employment purposes.
January 7, 2014
It has been just over three months since the China (Shanghai) Pilot Free Trade Zone (the Shanghai FTZ) was officially opened on September 29, 2013. In that time, new rules have been released and more than a thousand new enterprises have been established. This article aims to provide an update on the most important developments in the Shanghai FTZ.