How Chinese Speaking Lawyers Give you Business Edge in China

China is home to leading manufacturing and consultancy firms hence important for businesses around the world to create connections and partnerships with. China is one of the fastest growing economies in the last 2 decades. It’s shaping entertainment, business, and even politics around the world. Learning Chinese language, as well as hiring Chinese speaking lawyers, gives you an edge in the China business operations. This gives your firm the ability to make contacts with leading Chinese firms for great business productivity.

Gain a competitive advantage in the business world by hiring top Chinese speaking lawyers

Not everyone in China learns English. In fact, a lot of people in China, especially outside of Beijing and Shanghai, don’t know how to speak English. Hiring Chinese speaking lawyers is a smart decision for business. Whether you’re a business owner yourself or looking to get into business, the future of business will be in China. Whether you like it or not, China is the first place any great business will look to if they want to go international. By employing Chinese speaking lawyers in China, you can greatly mitigate many legal risks.

Lawyers who are proficient in Chinese will make proper documents in both the languages. There will be no ambiguity or misunderstanding in the business documents. Chinese speaking lawyers will provide maximum transparency in the business dealings. By Chinese speaking attorneys, it’s easier to get around and do business in many cities in China. Negotiations also go a lot smoother when there is no longer a need for a translator.

Chinese language skills are scarce in some companies, even for companies that do a lot of business with China. With Mandarin being needed in a business, collaborating with Chinese speaking lawyers can make you an attractive company in the Chinese business circle. Chinese speaking lawyers can better represent your views, opinions and conceptions with your clients. In the legal disputes, they can place your views in the proper way in front of Chinese court.

China is playing a major role in world affairs and will continue to do so. China lawyers will allow students to compete effectively in the business environment of the future. Chinese speaking lawyers bring a deep understanding of Chinese culture and business trends. This allows for a clear thought process for both sides. Avoids jargons, cultural biases or misinterpretation.

The Chinese legal system is developing. Most Chinese law firms are not interested in hiring foreign interns if they do not speak or read Chinese. There are some law firms who will want to hire non-Chinese speaking lawyers for international work, but in this case Chinese speaking would be preferred. Lesson: focus on learning Chinese. For a company looking to work or invest in China it becomes apparent very quickly just how large and diverse the economy is. Having a law firm with Chinese speaking lawyers by your side will only bring high value to your investment and secure your best business interests.

Share with friends:

Arbitration of Chinese Contracts in Hong Kong

Arbitration is a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments. It is the process of bringing a business dispute before a disinterested third-party for resolution. The third party, an arbitrator, hears the evidence brought by both sides and makes a decision.

Arbitration is on the rise in China

With the massive growth of Chinas economy over the last few decades, arbitration is on the rise in China. Arbitration owes its popularity among the foreign investors doing business in China primarily because it holds four distinct advantages over other dispute redressal mechanisms. Arbitration owes its popularity among the foreign investors doing business in China primarily because it holds four distinct advantages over other dispute redressal mechanisms. Parties are free to adapt the clause to their particular circumstances.

Arbitration outside China, especially in Hong Kong is a viable option

Arbitration outside China may be deemed more reliable than litigation or arbitration within China. Under the Convention for the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958) to which China is a member, arbitral awards reached in most countries can be recognized and enforced in China. Arbitration is usually considered to be neutral and can alleviate the parties’ concerns about the impartiality of local Chinese courts. On 18 October 2018, the Hong Kong International Arbitration Centre (“HKIAC”) announced that the new version of its Administered Arbitration Rules (the “2018 Rules”) have been adopted by the council of HKIAC. The Arbitration Ordinance (Cap 609), which came into force in June 2011, applies to arbitration in Hong Kong. The ordinance is largely based on the UNCITRAL Model Law on International Commercial Arbitration.

Any arbitration proceeding is based on a written agreement of the parties. They submit a given dispute to arbitration instead of the state courts, this becomes the “arbitration agreement”. Arbitration agreements can be found in the majority of commercial contracts, particularly in contracts relating to international transactions. In the arbitration process organized by permanent institutions, the process is more bound to the rules of the said institution. The institution provides arbitral services and normally appoints the arbitrators.

Share with friends: