#Investment Law Firms in China

[performanceacademyofmusic]

Arbitration Lawyers in China: The bottom line 

China’s increasing engagement in global trade and investment has spurred the demand for efficient dispute resolution. Arbitration emerged as a first choice for commercial disputes due to its confidentiality, speed, and enforceable awards. China-registered arbitration attorneys and law firms offer businesses access to managing intricate arbitration proceedings, protecting their interests, and…

[internationalmaritimelawyers]

Go for the amazing and best International Law Firms in China

Being a global trade center and the complexity of the Chinese legal system have heightened the demand for expert legal services. Foreign law firms and Chinese shipping law firms assist companies in overcoming legal hurdles, compliance, and safeguarding their interests. Are you someone who wants to gather more facts about the International Law Firms in China, Shipping Law Firms in China? If Yes. This is the best place where people can gather more facts about the International Law Firms in China, Shipping Law Firms in China.

Shipping Law Firms in China

Chinese foreign law firms offer considered advice to international companies expanding or entering the Chinese market. They provide expert counsel on cross-border deals, mergers and acquisitions, and compliance. With a good understanding of the local legislation and international trade agreements, such companies help enterprise evade legislation risk and simplify complicated formal formalities. Overcoming language as well as cultural barriers, in addition, their bilingual experts facilitate ease of negotiating and communicating successfully. Entrepreneurs are heroes in sectors greatly regulated by legislation in their areas of tech, finance, and health care.

International Law Firms in China

Shipping Law Firms in China are inevitable for businesses involved in sea trade. Shipping in China is regulated by strict laws and complex customs procedures. Shipping law firms deal with ship registration, cargo claims, charter party disputes, and marine insurance disputes. Their in-depth knowledge of internationals maritime legislation and domestic legislation give the clients a cover from legal complications and operation delay. They also ensure efficient dispute resolution, safeguarding the interests of the clients in the event of disputes.

They also provide key support in high-risk transactions, e.g., sale of ships and leasing agreements, to make the contracts valid and enforceable. It avoids disputes and ensures investment.

Collaboration with Chinese shipping law firms and International Law Firms in China offers regulatory compliance, risk management, and effective conflict resolution. Their knowledge helps companies do business in China's evolving legal system with confidence and maintain growth in a competitive economy.

[robertreich]

The Silent Revolution in American Economics

I don't think you're expecting what I'm about to say, because I have never seen anything like this in fifty years in politics.

For decades I've been sounding an alarm about how our economy has become increasingly rigged for the rich. I've watched it get worse under both Republicans and Democrats, but what President Biden has done in his first term gives me hope I haven't felt in years. It’s a complete sea change.

Here are three key areas where Biden is fundamentally reshaping our economy to make it better for working people.

#1 Trade and industrial policy

Biden is breaking with decades of reliance on free-trade deals and free-market philosophies. He’s instead focusing on domestic policies designed to revive American manufacturing and fortify our own supply chains.

Take three of his signature pieces of legislation so far — the Inflation Reduction Act, the CHIPS Act, and his infrastructure package. This flood of government investment has brought about a new wave in American manufacturing.

Unlike Trump, who just levied tariffs on Chinese imports and used it as a campaign slogan, Biden is actually investing in America’s manufacturing capacity so we don’t have to rely on China in the first place.

He’s turning the tide against deals made by previous administrations, both Democratic and Republican, that helped Wall Street but ended up costing American jobs and lowering American wages.

#2 Monopoly power

Biden is the first president in living memory to take on big monopolies.

Giant firms have come to dominate almost every industry. Four beef packers now control over 80 percent of the market, domestic air travel is dominated by four airlines, and most Americans have no real choice of internet providers.

In a monopolized economy, corporate profits rise, consumers pay higher prices, and workers’ wages shrink.

But under the Biden, the Federal Trade Commission and the Antitrust Division of the Justice Department have become the most aggressive monopoly fighters in more than a half century. They’re going after Amazon and Google, Ticketmaster and Live Nation, JetBlue and Spirit, and a wide range of other giant corporations.  

#3 Labor

Biden is also the most pro-union president I’ve ever seen.

A big reason for the surge in workers organizing and striking for higher wages is the pro-labor course Biden is charting.

The Reagan years blew in a typhoon of union busting across America. Corporations routinely sunk unions and fired workers who attempted to form them. They offshored production or moved to so-called “right-to-work” states that enacted laws making it hard to form unions.

Even though Democratic presidents promised labor law reforms that would strengthen unions, they didn’t follow through. But under Joe Biden, organized labor has received a vital lifeboat. Unionizing has been protected and encouraged. Biden is even the first sitting president to walk a picket line.

Biden’s National Labor Relations Board is stemming the tide of unfair labor practices, requiring companies to bargain with their employees, speeding the period between union petitions and elections, and making it harder to fire workers for organizing.

Americans have every reason to be outraged at how decades of policies that prioritized corporations over people have thrown our economy off-keel.

But these three waves of change — a worker-centered trade and industrial policy, strong anti-monopoly enforcement, and moves to strengthen labor unions — are navigating towards a more equitable economy.

It’s a sea change that’s long overdue.

[milfstalin]

more incredible reporting from the bbc

Mr Ma's downfall had preceded a broader crackdown on China's tech industry.

Companies came to face much tighter enforcement of data security and competition rules, as well as state control over important digital assets.

Other companies across the private sector, ranging from education to real estate, also ended up being targeted in what came to be known as the "common prosperity" campaign.

The measures put in place by the common prosperity policies were seen by some as a way to rein in the billionaire owners of some of China's biggest companies, to instead give customers and workers more of a say in how firms operate and distribute their earnings.

enforcing laws is a crackdown apparently

Instead of a return to an era of unregulated growth, some analysts believe Monday's meeting signalled an attempt to steer investors and businesses toward Mr Xi's national priorities.

The Chinese president has been increasingly emphasising policies that the government has referred to as "high-quality development" and "new productive forces".

Such ideas have been used to reflect a switch from what were previously fast drivers of growth, such as property and infrastructure investment, towards high-end industries such as semiconductors, clean energy and AI.

The goal is to achieve "socialist modernisation" by 2035 - higher living standards for everyone, and an economy driven by advanced manufacturing and less reliant on imports of foreign technology.

Mr Xi knows that to get there he will need the private sector fully on board.

"Rather than marking the end of tech sector scrutiny, [Jack Ma's] reappearance suggests that Beijing is pivoting from crackdowns to controlled engagement," an associate professor at the University of Technology Sydney, Marina Zhang told the BBC.

"While the private sector remains a critical pillar of China's economic ambitions, it must align with national priorities - including self-reliance in key technologies and strategic industries."

controlling the national bourgeois and forcing them to supplicate to the communist party and weaponizing them to develop society in pursuit of attaining greater and greater living standards? waoh basedbasedbasedbasedbasedbasedbasedbased

21 February 2025

[dreaminginthedeepsouth]

Supreme Court poised to appoint federal judges to run the US economy.

January 18, 2024

ROBERT B. HUBBELL

JAN 17, 2024

The Supreme Court heard oral argument on two cases that provide the Court with the opportunity to overturn the “Chevron deference doctrine.” Based on comments from the Justices, it seems likely that the justices will overturn judicial precedent that has been settled for forty years. If they do, their decision will reshape the balance of power between the three branches of government by appointing federal judges as regulators of the world’s largest economy, supplanting the expertise of federal agencies (a.k.a. the “administrative state”).

Although the Chevron doctrine seems like an arcane area of the law, it strikes at the heart of the US economy. If the Court were to invalidate the doctrine, it would do so in service of the conservative billionaires who have bought and paid for four of the justices on the Court. The losers would be the American people, who rely on the expertise of federal regulators to protect their water, food, working conditions, financial systems, public markets, transportation, product safety, health care services, and more.

The potential overruling of the Chevron doctrine is a proxy for a broader effort by the reactionary majority to pare the power of the executive branch and Congress while empowering the courts. Let’s take a moment to examine the context of that effort.

But I will not bury the lead (or the lede): The reactionary majority on the Court is out of control. In disregarding precedent that conflicts with the conservative legal agenda of its Federalist Society overlords, the Court is acting in a lawless manner. It is squandering hard-earned legitimacy. It is time to expand the Court—the only solution that requires a simple majority in two chambers of Congress and the signature of the president.

The “administrative state” sounds bad. Is it?

No. The administrative state is good. It refers to the collective body of federal employees, regulators, and experts who help maintain an orderly US economy. Conservatives use the term “administrative state” to denigrate federal regulation and expertise. They want corporations to operate free of all federal restraint—free to pollute, free to defraud, free to impose dangerous and unfair working conditions, free to release dangerous products into the marketplace, and free to engage in deceptive practices in public markets.

The US economy is the largest, most robust economy in the world because federal regulators impose standards for safety, honesty, transparency, and accountability. Not only is the US economy the largest in the world (as measured by nominal GDP), but its GDP per capita ($76,398) overshadows that of the second largest economy, China ($12,270). The US dollar is the reserve currency for the world and its markets are a haven for foreign investment and capital formation. See The Top 25 Economies in the World (investopedia.com)

US consumers, banks, investment firms, and foreign investors are attracted to the US economy because it is regulated. US corporations want all the benefits of regulations—until regulations get in the way of making more money. It is at that point that the “administrative state” is seen as “the enemy” by conservatives who value profit maximization above human health, safety, and solvency.

It is difficult to comprehend how big the US economy is. To paraphrase Douglas Adams’s quote about space, “It’s big. Really big. You just won't believe how vastly, hugely, mindbogglingly big it is.” Suffice to say, the US economy is so big it cannot be regulated by several hundred federal judges with dockets filled with criminal cases and major business disputes.

Nor can Congress pass enough legislation to keep pace with ever changing technological and financial developments. Congress can’t pass a budget on time; the notion that it would be able to keep up with regulations necessary to regulate Bitcoin trading in public markets is risible.

What is the Chevron deference doctrine?

Managing the US economy requires hundreds of thousands of subject matter experts—a.k.a. “regulators”—who bring order, transparency, and honesty to the US economy. Those experts must make millions of judgments each year in creating, implementing and applying federal regulations.

And this is where the “Chevron deference doctrine” comes in. When federal experts and regulators interpret federal regulations in esoteric areas such as maintaining healthy fisheries, their decisions should be entitled to a certain amount of deference. And they have received such deference since 1984, when the US Supreme Court created a rule of judicial deference to decisions by federal regulators in the case of Chevron v. NRDC.

What happened at oral argument?

In a pair of cases, the US Supreme Court heard argument on Tuesday as to whether the Chevron deference doctrine should continue—or whether the Court should overturn the doctrine and effectively throw out 17,000 federal court decisions applying the doctrine. According to Court observers, including Mark Joseph Stern of Slate, the answer is “Yes, the Court is poised to appoint federal judges as regulators of the US economy.” See Mark Joseph Stern in Slate, The Supreme Court is seizing more power from Democratic presidents. (slate.com)

I recommend Stern’s article for a description of the grim atmosphere at the oral argument—kind of “pre-demise” wake for the Chevron deference doctrine. Stern does a superb job of explaining the effects of overruling Chevron:

Here’s the bottom line: Without Chevron deference, it’ll be open season on each and every regulation, with underinformed courts playing pretend scientist, economist, and policymaker all at once. Securities fraud, banking secrecy, mercury pollution, asylum applications, health care funding, plus all manner of civil rights laws: They are ultravulnerable to judicial attack in Chevron’s absence. That’s why the medical establishment has lined up in support of Chevron, explaining that its demise would mark a “tremendous disruption” for patients and providers; just rinse and repeat for every other area of law to see the convulsive disruptions on the horizon.

The Kochs and the Federalist Society have bought and paid for this sad outcome. The chaos that will follow will hurt consumers, travelers, investors, patients and—ultimately—American businesses, who will no longer be able to rely on federal regulators for guidance as to the meaning of federal regulations. Instead, businesses will get an answer to their questions after lengthy, expensive litigation before overworked and ill-prepared judges implement a political agenda.

Expand the Court. Disband the reactionary majority by relegating it to an irrelevant minority. If we win control of both chambers of Congress in 2024 and reelect Joe Biden, expanding the Court should be the first order of business.

[Robert B. Hubbell Newsletter]

[willy2bastiajaccio]

I'm from France and I support Donald Trump for his concrete actions and significant impact during his presidency, where he worked tirelessly for the benefit of America and its people. Firstly, his economic policies led to historic growth, creating millions of jobs and reducing unemployment to record lows, especially among African American and Hispanic communities. His tax reforms lowered taxes for workers and businesses, spurring investments and allowing families to retain more of their income.

In national security, Trump reinforced the borders by implementing measures to protect the country from illegal entries and trafficking, thereby contributing to the safety of citizens. The construction of new border wall segments discouraged illegal entries and reduced cross-border crime. Additionally, he supported law enforcement, allocating extra resources to ensure the security of American communities.

On the foreign policy front, Trump pursued a peace-through-strength approach, negotiating historic agreements such as the Abraham Accords, which paved the way for unprecedented normalization between Israel and several Arab countries, promoting stability in the Middle East. He also took a firm stance against international threats, imposing sanctions on Iran and negotiating fairer trade deals with China.

Donald Trump also championed Americans' rights in the face of a rising federal bureaucracy and over-regulation. He cut red tape and relaxed regulations to empower small businesses, granting greater freedom for entrepreneurship. His defense of conservative values, especially regarding religious freedom and the protection of life, resonated with many Americans who view him as a defender of the nation's foundational principles.

Finally, his approach to the COVID-19 pandemic was swift and decisive. Through Operation Warp Speed, he accelerated the development of vaccines at an unprecedented rate, saving countless lives and equipping America with the tools needed to effectively combat the pandemic.

As a leader, Trump has been a symbol of courage and conviction, and he remains committed to defending the interests of America and its citizens. For all these reasons, we stand with his vision for a strong, prosperous, and sovereign country.

[eretzyisrael]

Hamas didn’t invade Israel on Oct. 7 for its amusement. The barbaric sneak attack is a part of the pogrom intended to wipe out the Jewish state. It was a crime against humanity, and not just because of its savagery. We would all be worse off if Israel ceased to exist. The same cannot be said for Islamic terrorists.

Israel’s contributions to the modern world are momentous. When not dodging bullets, rockets, and homicide bombers, Israelis have since 1948 developed:

Copaxone and Rebif, drugs that treat multiple sclerosis, and Exelon, which treats mild to moderate dementia in Alzheimer’s and Parkinson’s patients.

The PillCam, “a minimally invasive ingestible camera in a capsule that allows visualization of the small bowel.”

The water desalination process.

The Sniffphone, “that can actually ‘sniff out’ diseases.”

And SpineAssist, “​​the first-ever spine robot” that has the “ability to provide real-time intraoperative navigation.”

The Weizmann Institute of Science in Rehovot, Israel, responsible for some of the inventions listed above, has also produced diabetes and flu vaccines, is using T-cells to treat damaged spines, and is a pioneer in industrial — and medical — uses nano materials. 

Other impactful Israeli products include drip irrigation, a revolutionary microprocessor called the 8088, the ​​NIR heart stent, voice-over-internet protocol, the ​​USB flash drive, the Waze navigation app, ReWalk, “a commercial bionic walking assistance system,” and “the first commercially viable firewall software.” 

Our own security has benefited from Israel’s labor and work ethic.

“Many Israeli innovations are present in upgrades to U.S. Air Force fighters and Army equipment,” says the international law firm Smith, Gambrell & Russell. One important advance in particular is the helmet-mounted display system for the new F-35 Joint Strike Fighter.

So we have a country of 9.23 million, mostly desert, that is only 75 years old, is “surrounded by enemies” and in a constant state of war, which has “no natural resources,” yet “produces more start-up companies on a per capita basis than large, peaceful, and stable nations and regions like Japan, China, India, Korea, Canada, and all of Europe.” It is the only nation outside of the U.S. that Warren Buffet invests in.

Have the Palestinians or Hamas, currently at war with Israel, done anything that compares to what the Israelis have achieved? More broadly, beyond the Allahista terrorist groups, what has Islam contributed to the modern world?

Not much.

Since 1901, Jews, who total 0.2% of the world’s population, have won 189 Nobel prizes for physics, medicine, chemistry and economics. Over that same period, Muslims, who make up nearly a quarter of the global population, have won four.

If it seems as Islamic groups, Hamas and Hezbollah prominent among them, are more interested in spreading nihilism, committing atrocities, and destroying civilization than making the world a better place, well, then there’s a good reason for it. That is exactly what the heroes of an increasingly large number foolish Westerners are aiming for.

Meanwhile, Israelis see themselves “as having a role in the world to repair the world,” says Chemi Peres, managing partner and co-founder of the venture capital firm Pitango, chairman of the Peres Center for Peace and Innovation, and son of the late Israeli Prime Minister Shimon Peres.

“We call it tikkun olam, and here at the Peres Center we have a mission statement, which is to introduce innovation and new ideas and new technologies, not only for ourselves but to solve the problems of the world.”

Islam is part of that world, but too many of its adherents live to do just the opposite. 

— Written by the I&I Editorial Board

[rauthschild]

Communist History Of V. P. Kamala Harris

 This is a really revealing history of of this nation's Vice President and presidential candidate. It is a long article but is necessary because it is so very important for you to know. This editorial is by Major General Higginbotham U.S. Marines (Ret)

This timely editorial that exposes the hidden background of Kamala Harris is from the Combat Veterans for Congress Political Action Committee. It is posted here with permission of the author. CVFC PAC supports the election of US military combat veterans to the US Senate and House of Representatives.

The editorial begins:

Kamala Harris' father was an avowed Marxist professor in the Economics Department at Stanford University in Palo Alto, CA. Both of Harris' parents were active in the Berkeley based Afro-American Association; Fidel Castro and Che Guevara were the heroes of the Afro-American Association. The group's leader, Donald Warden (aka Khalid al-Mansour), mentored two young Afro-American Association members, Huey Newton and Bobby Seale; they created the Maoist inspired Black Panther Party which gained strong support from Communist China; the Black Panther Party served as the model for creation of the Black Lives Matter Marxist organization Khalid al-Mansour subsequently went on to arrange financing and facilitated for Barack Hussein Obama to be accepted as a student to matriculate at Harvard Law School.

Following her graduation from college, Harris returned to California and subsequently became the mistress of the 60-year-old married Speaker of the California Assembly, Willie Brown, Jr. Brown's political campaigns were supported and funded by Dr. Carlton Goodlett, the owner of The Sun Reporter and several other pro-Communist newspapers. Brown was elected as Mayor of San Francisco, and strongly endorsed Harris' Marxist political philosophy; he guided Harris' political rise in California politics, leading to her election as California's Attorney General. Willie Brown, Jr. is a well-known long-time Communist sympathizer.

Willie Brown, Jr. was initially elected to public office with substantial help of the Communist Party USA. Today, Willie Brown is widely regarded as one of the Chinese Communist Party's best friends in the San Francisco Bay Area. While serving as San Francisco District Attorney, Kamala Harris mentored a young San Francisco Radical Maoist activist, Lateefah Simon, who was a member of the STORM Revolutionary Movement; Simon currently chairs the Bay Area Rapid Transit (BART) Board. Simon has always been close friends with the founder of Black Lives Matter Marxist Domestic Terrorists, Alicia Garza, as well as STORM member and avowed Communist, Van Jones. Harris has been openly and aggressively supporting Black Lives Matter Marxists; Kamala Harris is still closely associated with Maoist Lateefah Simon and Marxist Alicia Garza.

 Kamala Harris's sister Maya Harris was a student activist at Stanford University. She was a closely associated with Steve Phillips, one of the leading Marxist-Leninists on campus and a long-time affiliate with the League of Revolutionary Struggle, a pro-Chinese Communist group. Phillips came out of the Left, and in college he studied Marx, Mao, and Lenin, and maintained close associations with fellow Communists. Phillips married into the multi billion dollar Sandler family of the Golden West Savings and Loan Fortune. He funded many leftist political campaigns, and the voter registration drives in the Southern and South Western states in order to help his friend, Barack Hussein Obama, defeat Hillary Clinton.

Phillips has been a major financial sponsor for Kamala Harris's political campaigns for various California elective offices. Harris' husband, Doug Emhoff works for the law firm DLA Piper, which "boasts nearly 30 years of experience in Communist China with over 140 lawyers dedicated to its 'Communist China investment Services' branch. He was just appointed to Professor at Yale to school future lawyers in the fine points of Communism. When she was elected to the US Senate,Kamala Harris appointed a Pro-Communist Senate Chief of Staff, Karine Jean-Pierre. Jean-Pierre was active with the New York-based Haiti Support Network. The organization worked closely with the pro-Communist China/Communist North Korea Workers World Party and supported Jean-Bertrand Aristide, the far-left Communist former president of Haiti and the radical Lavalas movement.

Fortunately for Harris, but potentially disastrous for the Republic, elected office holders are not subject to the security clearance process. If the FBI did a Background Investigation on Kamala Harris, she never would have passed, because of her 40-year close ties with Marxists, Communists, Maoists, and Communist China. Harris would never have been approved for acceptance to any of the 5 Military Service Academies, been appointed to a U.S. Government Sub-Cabinet position, or would have been approved to fill a sensitive position for a high security defense contractor. Yet, since Joe Biden was elected, Harris could be a heartbeat away from being President. The U.S. constitutional Republic is being threatened by the People's Republic of Communist China (PPC) externally, and by their very active espionage operations within the United States. The People's Republic of Communist China (PPC), with 1.4 billion people, is governed by the 90 million member Chinese Communist Party (CCP), that has been working with Russia to destroy the U.S. Constitutional Republic for over 70 years.

 If the American voters read the background information (in Trevor Loudon's article) on Kamala Harris, they would never support her election as Vice President of the United States. Joe Biden is suffering from the early onset of dementia and will continue to decline in cerebral awareness; he will never be able to fill out a four-year term of office. Since Biden was elected, the Socialists, Marxists, and Communist who control Kamala Harris, are planning to enact provisions of the 25th Amendment, in order to remove Joe Biden from office, so Harris can become the first Communist President of the United States. Since Biden was elected, because Biden would not be up to it,

Kamala Harris would lead the effort to appoint very dangerous anti-American Leftist, Communist, Socialists, and Marxists to fill highly sensitive positions in the Washington Deep State Bureaucracy. She would fill all appointive positions in the US Intelligence Agencies, in the Department of Homeland Security, in the Department of Defense, in The Justice Department, the Department of State, the FBI, the CIA, most cabinet positions, the National Security Council, and in the White House Staff. American voters must alert their fellow Americans that Kamala Harris is a very serious National Security threat to the very survival of the US Constitutional Republic; she has been a fellow traveler of Marxists, Communists, Maoists, Socialists, Progressives, and Chinese Communists for over 35 years.

President Trump had much more background information on Kamala Harris than we presented here, and he was correct, when he accused Kamala Harris of being a Communist subverter.

Geoffrey B. Higginbotham Major General, USMC (Ret).

Ernest Rauthschild's Response

Further, Geoffrey B. Higginbotham is standing in front of the foreign corporate British Territorial United States and Vatican Municipal United States BANNER; and not our Autochthonous Preamble Posterity General Government Flag enacted by the General Congress Assembled July 14th, 1777.

None of the "presidents of the United States" in my lifetime have been elected either in accord with Art. 2, Section 1 or Amendment 12 of the United States Constitution. There is no Constitutional provision that allows the Winners of the partisan conventions, who somehow become a candidate the Electoral College Select from, to choose or pick the candidate for Vice' President.

Since Congress has never declared war during Higginbotham tenure and lifetime, his resume is merely that of a foreign corporate Indentured 13th and 14th Amendment White Negro Slave in a foreign corporate Mercenary uniform.

[mariacallous]

VSquare SPICY SCOOPS

BUDAPEST–BEIJING SECURITY PACT COVERTLY INCLUDES CHINESE SURVEILLANCE TECHNOLOGY

Fresh details regarding Xi Jinping’s May visit to Budapest have begun to surface. As it was widely reported, a new security pact between Hungary and the People's Republic of China (PRC) allows for Chinese law enforcement officers to conduct patrols within Hungary—which is to say, within a European Union member state. Chinese dissidents living in the EU fear that the PRC may abuse this agreement: Chinese policemen “can even go to European countries to perform secret missions and arbitrarily arrest dissidents,” as I reported in a previous Goulash newsletter. However, there's an additional as yet undisclosed aspect of this security arrangement. According to reliable sources familiar with recent Chinese-Hungarian negotiations, a provision permits the PRC to deploy surveillance cameras equipped with advanced AI capabilities, such as facial recognition software, on Hungarian territory.  The Orbán government already maintains a significant surveillance infrastructure, including CCTV systems, and there are indications that, besides the Pegasus spyware, they may have acquired Israeli-developed facial recognition technology as well. Nevertheless, allowing the PRC to establish their own surveillance apparatus within Hungary raises distinct concerns. Even if purportedly intended to monitor Chinese investments, institutions, and personnel, the potential involvement of Chinese technology firms, some of which have ties to the People’s Liberation Army or Chinese intelligence and are subject to Western sanctions, could complicate Hungary's relations with its NATO allies. The Hungarian government, when approached for comment, redirected inquiries to the Hungarian police, who claimed that Chinese policemen won’t be authorized to investigate or take any kind of action on their own. My questions on surveillance cameras and AI technology remained unanswered.   

CHINA FURTHER SPLITS THE VISEGRÁD GROUP

One of the factors enabling Hungarian Prime Minister Viktor Orbán's maneuvers is the deep-seated divisions among its official allies, particularly evident within the Visegrád Group, regarding China. While Slovakia largely aligns with Hungary’s amicable stance towards both China and Russia, Poland adopts a more nuanced position, vehemently opposing the Kremlin while maintaining a softer approach towards China, as previously discussed in this newsletter. Conversely, the Czech Republic takes a hawkish stance towards both China and Russia. During a recent off-the-record discussion with journalists in Prague, a senior Czech official specializing in foreign policy candidly expressed skepticism about the efficacy of the V4 platform. “At this moment, it’s not possible to have a V4 common stance on China. I thought we already learned our lesson with the pandemic and how our supply chains [too dependent on China] were disrupted,” the Czech official said, adding that “I don’t know what needs to happen” for countries to realize the dangers of relying too heavily on China. The Czech official said Xi Jinping’s recent diplomatic visits to Paris, Belgrade, and Budapest was proof China is using the "divide and conquer" tactic. The Czech official felt that it isn’t only Hungary and Slovakia that are neglecting national security risks associated with Beijing, noting that “France doesn’t want to discuss China in NATO,” underscoring a broader reluctance among European nations to confront the challenges posed by China's growing influence.  

CZECHS REMAIN STEADFAST IN SUPPORT OF TAIWAN, OTHERS MAY JOIN THEIR RANKS

In discussions with government officials and China experts both in Prague and Taipei, the Czech Republic and Lithuania emerged as the sole countries openly supportive of Taiwan. This is partly attributed to the currently limited presence of Chinese investments and trade in these nations, affording them the freedom to adopt a more assertive stance. Tomáš Kopečný, the Czech government’s envoy for the reconstruction of Ukraine, emphasized in a conversation with journalists in Prague that regardless of which parties are in power, the Czech Republic’s policy toward China and Taiwan is unlikely to waver. When queried about the stance of the Czech opposition, Kopečný replied, “You could not have heard much anti-Taiwanese stance. Courting [China] was done by the Social Democrats, but not by the [strongest opposition party] ANO party. I don’t see a major player in Czech politics having pro-Chinese policies. It’s not a major domestic political issue.” This suggests that even in the event of an Andrej Babis-led coalition, a shift in allegiance is improbable. In Taipei, both a Western security expert and a senior legislator from the ruling Democratic Progressive Party (DPP) asserted that numerous Western countries covertly provide support to Taiwan to avoid antagonizing China. The DPP legislator hinted that the training of a Taiwanese air force officer at the NATO Defence College in Rome is “just the tip of the iceberg.” The legislator quickly added with a smile, “the media reported it already, so I can say that.” Delving deeper, the Western expert disclosed that since Russia's aggression in Ukraine, there has been increased communication between Taiwan and EU countries, particularly those closely monitoring Russia, including on military matters. “There is a lot going on behind the scenes,” the expert noted, with the caveat that certain specifics remain confidential. When asked which Western countries might follow the lead of the Czechs and Lithuanians in openly supporting Taiwan, the expert suggested that most Central and Eastern European nations might be open to such alliances.

MCCONNELL’S CRITICISM OF ORBÁN PRECEDED BY KEY AIDE’S VISIT

In a significant setback to the Orbán government’s lobbying efforts aimed at US Republicans, Senate Minority Leader Mitch McConnell condemned Orbán's government for its close ties with China, Russia, and Iran during a recent Senate floor speech (watch it here or read it here). “Orban’s government has cultivated the PRC as its top trading partner outside the EU. It’s given Beijing sweeping law enforcement authorities to hunt dissidents on Hungarian soil. It was the first European country to join Beijing’s Belt-and-Road Initiative, which other European governments – like Prime Minister Meloni’s in Italy – have wisely decided to leave,” McConnell stated. This speech appeared to come out of the blue, as there had been no prior indications of McConnell’s interest in Hungary. However, in reality, McConnell’s key aide on national security, Robert Karem, made an official trip to Budapest last October and held multiple meetings, according to a source familiar with the visit. Before working for McConnell, Karem served as an advisor to former Vice President Dick Cheney and as Assistant Secretary of Defense for International Security Affairs under the Trump administration. Multiple sources closely following US-Hungarian relations suggest that McConnell’s outspoken criticism of Orbán, despite the Hungarian Prime Minister’s recent visit to Donald Trump in Florida, is the clearest indication yet that Orbán may have crossed a red line by courting nearly all of the main adversaries of the US.  

RUSSIAN PRESENCE FOR PAKS TO EXCEED 1,000 IN HUNGARY BY 2025

Russia’s nuclear industry is not yet under EU sanctions, and as a result, Rosatom’s Hungarian nuclear power plant project, Paks II, is still moving forward. While construction of the plant faces numerous regulatory hurdles, significant Russian involvement is anticipated in the city of Paks. A source directly engaged in the project revealed that the current contingent of Rosatom personnel and other Russian "experts" working on Paks II is projected to double or even triple in the coming year. "Presently, approximately 400 Russians are engaged in the Paks project, with expectations for this figure to surpass 1,000 by 2025," the source disclosed. This disclosure is particularly noteworthy given the lack of precise public data on the exact number of Russians in Paks. Previous estimates, reportedly from the security apparatus of a certain Central European country, suggested a figure around 700 – a number that appears somewhat inflated to me. However, it is anticipated to escalate rapidly. Notably, the staunchly anti-immigration Orbán government recently granted exemptions for "migrant workers" involved in both the Russian Paks II and the Chinese Belt and Road projects, such as the Budapest-Belgrade railway reconstruction, allowing them to obtain 5-year residency permits more easily. Central European security experts I’ve asked view the anticipated influx of Russian – and Chinese – workers into Hungary as a security concern for the entire region. Specifically, there are fears that Russia might deploy numerous new undercover intelligence operatives to the Paks II project, who could subsequently traverse other Schengen zone countries with ease. These concerns are not unfounded, as Russia has a history of leveraging state-owned enterprises like Rosatom to cloak its intelligence activities, according to Péter Buda, a former senior Hungarian counterintelligence officer. We reached out for comment, but the Hungarian government has yet to respond to inquiries regarding this matter. (For further insights into the Orbán government's involvement in the Rosatom project, read "How Orbán saved Russia’s Hungarian nuclear power plant project" by my esteemed Direkt36 colleagues.)

[rjzimmerman]

U.S. solar companies, imperiled by price collapse, demand protection. (Washington Post)

Several of the largest American solar manufacturing companies are demanding aggressive action against cheap imports, arguing in a petition filed Wednesday with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.

Though the panels are not produced in China, the petitioners allege many are made in factories linked to China-based companies that benefit from massive price supports.

The complaint comes amid a glut of solar panels on the global market that has driven prices down by 50 percent over the past year, with the International Energy Agency projecting prices will fall even further. Manufacturers are currently making two solar panels for every one that is getting installed, according to the IEA. The oversupply is imperiling a boom in U.S. manufacturing driven by President Biden’s signature climate bill, the Inflation Reduction Act.

“We are seeking to enforce the rules, remedy the injury to our domestic solar industry and signal that the U.S. will not be a dumping ground for foreign solar products,” said Tim Brightbill, an attorney for the American Alliance for Solar Manufacturing Trade Committee, the group of U.S. firms that filed the petition. The group includes such industry giants as Ohio-based First Solar and Qcells, which has used Inflation Reduction Act subsidies to invest in huge new manufacturing facilities in Georgia.

In an email to The Washington Post, Chinese Embassy spokesman Liu Pengyu said his country’s “leading edge in new energy is gained through strong performance and full-on market competition, not government subsidies.”

“China has been and will always be open to industrial cooperation,” the statement said. “We hope relevant countries will embrace fair competition and work with China to contribute to a world-class, market-oriented and law-based environment for trade and economic cooperation.”

But the petition is also renewing tensions in the American solar industry, as installers of panels and developers of large solar farms warn that placing restrictions on imports could hurt consumers and raise prices. If the petitioners succeed, companies that buy solar panels from businesses in any of the four nations cited could be subject to steep penalties, which federal trade officials could enforce retroactively.

The industry only recently emerged from a bruising battle over the enforcement of trade laws, after the administration found Chinese companies were illegally sidestepping them by producing panels in China but then finishing assembly in other countries to avoid tariffs.

[performanceacademyofmusic]

Law Firms in China: The best choice 

The economic prosperity of China and the intricate legal framework have necessitated the use of services of competent legal professionals by business and individuals. The Chinese law firms and lawyers are important in assisting the clients in navigating the intricate legal framework in China, evading pitfalls, and protecting their interests. From handling company matters, protecting intellectual…

[internationalmaritimelawyers]

Law Firms in China: The best choice 

The economic prosperity of China and the intricate legal framework have necessitated the use of services of competent legal professionals by business and individuals. The Chinese law firms and lawyers are important in assisting the clients in navigating the intricate legal framework in China, evading pitfalls, and protecting their interests. From handling company matters, protecting intellectual properties, to negotiating disputes, hiring competent legal professionals in China is highly beneficial. Are you someone who wants to gather more facts about the Law Firms in China, Lawyers in China? If Yes. This is the best place where people can gather more facts about the Law Firms in China, Lawyers in China.

Lawyers in China

Chinese law firms provide packaged legal services in order to meet the business requirements of local as well as overseas clients. Such practices are keenly aware of China law and regulations that are infamous for being highly complex in nature as well as for how fast they are in evolving. Whether regulatory compliance, company formation or mergers and acquisitions, Chinese law firms advise clients at every legal juncture, avoiding risks and making smooth functioning a reality. They are especially helpful for foreign firms entering China since they assist in investment law, tax code, and labor law.

Law Firms in China

Lawyers in China also share the crucial responsibility of winning resolution of conflict. From commercial lawsuits, contract cases, to labor cases, skilled lawyers apply negotiating and litigating knowledge to achieve successful results. They are highly well-acquainted with court proceedings and Chinese arbitration laws to reach maximum efficient resolution of conflicts in courts. Location familiarity and language capability bridge the knowledge gap, making intricate legal affairs more transmittable to foreign clients.

Besides, Chinese lawyers offer pragmatic legal counsel on compliance matters. China has extremely strict regulatory standards for sectors like technology, health, and finance. Lawyers assist clients in meeting all the regulatory requirements, preventing fines and reputation loss.

Association with Law Firms in China and lawyers guarantees adherence to the regulatory environment, risk management, and prompt resolution of conflict. Their expertise and consultancy enable business to thrive under China's ever-dynamic market.

[leelaapolo]

Economic Watch: China doubles down on boosting appeal to foreign investment

BEIJING, Feb. 20 (Xinhua) -- Amid simmering global trade tensions and a surge in protectionism, China is ramping up efforts to expand high-standard opening up and reinforce its appeal to foreign investment, providing the much-needed certainty and opportunity to global businesses.

From unveiling a comprehensive action plan to attract foreign investment to further easing market access restrictions for investment, China is leveraging its vast domestic market, dynamic innovation and long-term economic resilience to cement its status as a magnet for foreign investment.

GREATER APPEAL

"Foreign investment has been a witness and contributor to, as well as beneficiary of China's reform and opening up," Ling Ji, vice minister of commerce and deputy China international trade representative, said Thursday at a press conference.

According to Ling, foreign-invested enterprises now contribute nearly 7 percent of China's employment, one-seventh of tax revenue and about one-third of its imports and exports.

Multinationals are optimistic about the long-term prospects of investing in China and have a strong willingness to expand their presence in the country, Zhu Bing, an official with the Ministry of Commerce, said at the press conference.

Although the foreign direct investment (FDI) in the Chinese mainland remained subdued amid a global downturn, signs of improvement have started to emerge. FDI in the Chinese mainland in actual use totaled 97.59 billion yuan (about 13.61 billion U.S. dollars) in January, up 27.5 percent from the previous month.

In terms of source countries, FDI from the United Kingdom, the Republic of Korea, the Netherlands and Japan surged 324.4 percent, 104.3 percent, 76.1 percent and 40.7 percent, respectively, last month.

With vast business opportunities and dynamic innovation, the Chinese market has always been a top priority for multinationals, Zhu said, adding that China, as always, welcomes businesses from all countries to continue increasing investment in China and sharing its development opportunities.

STRONGER SUPPORT

Despite rising trade protectionism and geopolitical tensions, China has stayed committed to expanding high-standard opening up and fostering a business environment that is market-oriented, law-based and internationalized.

Amid the country's latest efforts to encourage foreign investment, a new action plan was unveiled Wednesday to stabilize foreign investment, with 20 specific measures in four aspects, including further expanding market access in various sectors and increasing efforts to promote investment.

Among the measures, the plan will encourage foreign equity investment in China to attract more high-quality FDI in the country's listed companies.

The country will continue expanding its pilot programs to open up fields such as telecommunication and medical services in a timely manner. It will also lift restrictions on domestic loans for foreign-invested enterprises, allowing these firms to use domestic financing for equity investments, according to the plan.

Since 2024, the country has introduced measures to expand opening up in sectors such as value-added telecommunications and healthcare, completely removed foreign investment access restrictions in manufacturing, and reduced nationwide foreign investment access restrictions from 31 to 29 items.

Looking forward, Hua Zhong, an official with the National Development and Reform Commission, said the country would align with high-standard international economic and trade rules in areas including property rights protection, industrial subsidies, environmental standards and government procurement.

The country is working on expanding the catalog of encouraged industries for foreign investment, and will release the 2025 edition as soon as possible, Hua said. He noted that the new catalog will include sectors such as advanced manufacturing, modern services, high-tech as well as energy saving and environmental protection.

Zhu said China would further broaden market access by shortening the negative list for investment this year, a move set to benefit all market entities, including foreign companies.

"With these newly-introduced foreign investment policies taking effect, the 'magnetic appeal' of the Chinese market to foreign investment will only grow stronger," he said. 

[executiveeducation89]

Top 10 Ranking Guide to Abu Dhabi, UAE – The CEO’s Guide to Top Companies, Government Agencies, and Investment Executive Education

Introduction

Abu Dhabi, the capital city of the United Arab Emirates, is a vibrant metropolis known for its stunning architecture, rich cultural heritage, and modern infrastructure. Located on the southeastern coast of the Persian Gulf, Abu Dhabi serves as the political, economic, and cultural center of the UAE. The city is famous for its iconic landmarks such as the Sheikh Zayed Mosque and the Louvre Abu Dhabi. 

The government of Abu Dhabi operates as a subnational authority within the UAE's federal system. The head of the government is the Ruler of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, who holds executive authority. The Abu Dhabi Executive Council, led by Sheikh Mohamed bin Zayed Al Nahyan, manages the day-to-day affairs of the government. 

The UAE's federal government is a constitutional federation with a presidential system. The President of the UAE is elected by the Federal Supreme Council, which consists of the rulers of the seven emirates. The Supreme Council has both legislative and executive powers, overseeing federal laws and approving the president's nominations for the prime minister and cabinet members. 

Abu Dhabi's political system emphasizes stability and economic growth, providing a favorable environment for business and investment. Arabic is the official language spoken in Abu Dhabi; however, English is widely used in business and tourism. The rule of law is a fundamental principle in Abu Dhabi, ensuring that all citizens and residents are treated equally under the law. 

Top Country Economic Data

GDP Size in USD: Approximately $434 billion (UAE)

GDP per Capita: About $43,000 (UAE)

GDP Annual Growth Rate: Around 3%

Employment Rate: Approximately 80%

Inflation Rate: Generally around 2%

Foreign Direct Investment: High levels due to favorable business environment

The best year for annual growth was 2021 when the UAE experienced significant recovery following pandemic-related downturns. The UAE consistently ranks high on the Human Development Index (HDI), achieving its highest ranking in recent years. However, it faces challenges on the Corruption Perceptions Index where it ranks lower compared to many other countries. 

Top 10 Ranking Lists

Trade Partners

1. China 2. India 3. United States 4. Japan 5. South Korea 6. Germany 7. UK 8. Italy 9. Saudi Arabia 10. Oman

Industries

1. Oil and Gas 2. Tourism 3. Real Estate and Construction 4. Financial Services 5. Manufacturing (Textiles and Electronics) 6. Transport and Logistics 7. Retail Trade 8. Telecommunications 9. Energy Production 10. Healthcare

Employers

1. Abu Dhabi Government 2. University of Abu Dhabi 3. Etihad Airways 4. First Abu Dhabi Bank (FAB) 5. Deloitte UAE 6. PwC UAE 7. Nestlé UAE 8. Abu Dhabi National Oil Company (ADNOC) 9. Abu Dhabi Electricity and Water Authority (ADWEA) 10. Mubadala Investment Company

Largest Companies by Revenues

1. Abu Dhabi National Oil Company (ADNOC) 2. First Abu Dhabi Bank (FAB) 3. Etihad Airways 4. Deloitte UAE 5. PwC UAE 6. Nestlé UAE 7. Mubadala Investment Company 8. Abu Dhabi Electricity and Water Authority (ADWEA) 9. Aldar Properties 10. Dubai Holding (operates in Abu Dhabi)

Publicly-traded Companies by Market Capitalization

1. First Abu Dhabi Bank (FAB) - Hana Al Rostamani 2. Abu Dhabi National Oil Company (ADNOC) - Sultan Al Jaber

Healthcare Institutions

1. Sheikh Khalifa Medical City 2. Cleveland Clinic Abu Dhabi 3. Tawam Hospital 4. Al Ain Hospital 5. National Rehabilitation Center

Investment Firms or Banks AUM

1. BlackRock 2. Vanguard 3. State Street Global Advisors 4. Crédit Agricole 5. BNP Paribas Asset Management

Government Agencies Employees

1. Abu Dhabi Government 2. Department of Culture and Tourism 3. Department of Health

Highest Paid Jobs

1. CEOs in Oil and Gas 2. Lawyers 3. Medical Professionals 4. IT Managers 5. Engineers

CEOs Ranked by Compensation

1. Hana Al Rostamani - First Abu Dhabi Bank (FAB) 2. Sultan Al Jaber - Abu Dhabi National Oil Company (ADNOC)

Top Ranking Executive Education Organization in Abu Dhabi

The top institute is the Executive Education Institute in Abu Dhabi, UAE for executive education programs and executive seminars is the Executive Education Institute. It is one of the highest-ranking global institutes in the field of CEO education, Government training, and CIO investment management professional development offering executive programs in many cities and countries including Abu Dhabi, UAE. The executive education programs and executive seminars are offered in-person (in-classroom) and via remote or distance learning programs for busy CEOs, C-Level executives and executive candidates. Also offering corporate action learning and corporate retreats. To learn more visit: Executive Education: Executive Programs, Courses and Seminars in Abu Dhabi, UAE

Best Seasons / Months to Visit & Attractions

Best Months: The cooler months from November to March provide pleasant weather ideal for exploring without extreme heat. 

Top Attractions: Include: 1. Sheikh Zayed Mosque 2. Louvre Abu Dhabi 3. Yas Marina Circuit 4. Ferrari World Abu Dhabi 5. Abu Dhabi Falcon Hospital 6. Desert Safari 7. Warner Bros. World Abu Dhabi 8. Yas Island 9. Mangrove National Park 10. Qasr Al Hosn (fortress)

Official Websites

UAE Government

Abu Dhabi Government

Visit Abu Dhabi Tourism Website

Executive Education

[industrynewsupdates]

A Comprehensive Overview of Investigational New Drug CDMO Market Landscape

 The global investigational new drug CDMO market size is expected to reach USD 7.79 billion by 2030, registering a CAGR of 6.9% during the forecast period, according to a new report by Grand View Research, Inc. This is largely due to the increased R&D investments, along with stringent regulations pertaining to IND.

The U.S. FDA and the European Medicines Agency (EMA) are health authority bodies that regulate the use of investigational drugs in the U.S. and the European Union, respectively. In addition, investigational review boards (IRBs) in the U.S. and ethics committees (ECs) in the European Union must approve the use of drugs in humans.

It is the requirement of a federal law that a drug be the subject of an approved marketing application prior to it is distributed or transported across the state lines. Hence, sponsors aiming to conduct clinical studies that involve an IND should gain exemption from the FDA to permit the shipping of the investigational drug to clinical investigators in several states.

The pandemic has significantly impacted the global economy in 2020 and has an ongoing impact on various industries. However, the market for IND CDMO has benefited from the pandemic. Prior to COVID-19, prospective sponsors demanded facility audits to ensure CDMOs had the required capacity, equipment, and personnel to undertake their projects. Nowadays, CDMOs should find new ways to attract new sponsors, such as through videos, virtual reality, and other technologies that allow sponsors to virtually experience the site.

Gather more insights about the market drivers, restrains and growth of the Investigational New Drug CDMO Market

Investigational New Drug CDMO Market Report Highlights

• In terms of product, the small molecule segment dominated the market with a revenue share of 88.4% in 2023. This is largely due to the increasing number of small molecules in development. Besides, in 2019, the small molecules dominated the new drug approvals accounting for 79% of all the NME approvals

• Based on service, the contract development segment led the market in 2023. The contract development offers several benefits over in-house development of drugs, such as access to industry experts, less time to market, cost-effectiveness, and more focus on core competencies

• By end user, pharmaceutical companies accounted for the largest share in 2023. This is due to the changes in the pharmaceutical industry that have an impact on research and development strategies, which, in turn, influence new drug approval trends

• Asia Pacific to register the fastest growth rate of 7.8% over the forecast period. Due to the rapid growth of pharmaceutical firms and contract manufacturing organizations in developing countries, such as India and China, the region is likely to overtake Europe and North America in the near future.

Investigational New Drug CDMO Market Segmentation

Grand View Research has segmented the global investigational new drug CDMO market on the basis of product, service, end-use, and region:

Investigational New Drug CDMO Product Outlook (Revenue, USD Million, 2018 - 2030)

• Small Molecule

• Large Molecule

Investigational New Drug CDMO Service Outlook (Revenue, USD Million, 2018 - 2030)

• Contract Development

o Small Molecule

o Bioanalysis and DMPK Studies

o Toxicology Testing

o Pathology and Safety Pharmacology Studies

o Drug Substance Synthetic Route Development

o Drug Substance Process Development

o Form Selection Crystallization Process Development

o Scale-up of Drug Substance

o Pre Formulation

o Preclinical Formulation Selection

o First In Man Formulation/ Process Development

o Analytical Method Development / Validation

o Release Testing of Drug Substance and Drug Product

o Work Up Purification Steps

o Telescoping & Process Refining

o Initial Optimization

o Formal Stability of Drug Substance and Drug Product

o Large Molecule

o Cell Line Development

o Process Development

• Contract Manufacturing

o Small Molecule

o Large Molecule

Investigational New Drug CDMO End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical Companies

• Biotech Companies

• Others

Investigational New Drug CDMO Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Italy

o Spain

o Denmark

o Sweden

• Asia Pacific

o Japan

o China

o India

o Australia

o South Korea

o Thailand

• Latin America

o Brazil

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

o Kuwait

List of Key Players in the Investigational New Drug CDMO Market

• Catalent, Inc.

• Lonza

• Recipharm AB

• Siegfried Holding AG

• Patheon Inc.

• Covance

• IQVIA Holdings Inc.

• Cambrex Corporation

• Charles River Laboratories International, Inc.

• Syneous Health

Order a free sample PDF of the Investigational New Drug CDMO Market Intelligence Study, published by Grand View Research.