Due Diligence's Dark Side...
Filed in archive Entrepreneurship on September 25, 2007
China Success Stories is fast becoming one of my favorite blogs. Their recent article on due diligence is an excellent examination of the complicated issues surrounding the simple task of not getting burned in your dealings in China.
George Martin, a Partner at Faegre & Benson LLP wrote the article for CSS. The premise is simple. Business in China is different than most places in the world. It's easy to see why people jump in unprepared: the market is huge and potentially very profitable.
Martin sums up the problem colorfully: "Making your investment and contractual relationships prosper means minimizing risks. But identifying business and regulatory risks in China, for those unfamiliar with the process, may sometimes seem like trying to focus a telescope on the dark side of the moon. "
Read his whole article here. I think you'll be glad you did...
Permalink: Due Diligence's Dark Side...
Tags: China risk due diligence china dark+side venture+capital diligence+dark
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Response from:
Bill Belew
(09/26/07 6:29pm)
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I thought I would drop you a note to let you know I posted about your blog at
http://www.panasianbiz.com/2007/08/_9_chinese_businesslaw_blog.html.
I doubt that it brought you tons of traffic, but every bit of exposure helps, right?
I wonder if you would consider adding PanAsianBiz to your blogroll. If not...no problem.
It also doesn't hurt to ask.
Thanks again for participating in Chinalyst.
Blog on.
Bill Belew
www.wispid.com
www.panasianbiz.com