China's "going out" strategy has led to investment across a wide variety of sectors. Proper legal advice and due diligence, however, is essential to reduce risks when investing in unfamiliar environments. Hong Kong's legal practitioners can effectively assist mainland enterprises when it comes to investing overseas and making appropriate recommendations for investment strategies.
When it comes to overseas mergers and acquisitions, companies must guard against investment risks, says Charles CC Chau, a council member of the Law Society of Hong Kong. Interviewed by Wing Chu, an HKTDC economist, Chau said companies need to seek out proper legal advice and undertake due diligence before committing themselves to investment projects.
Baijiu is the world's most consumed spirit, but this potent rice wine has little appeal beyond its core Chinese drinkership. With the pressure now on to find new consumer markets, will US drinkers prove at all receptive to this 40%+ brew?