By Mark Schaub and Atticus Zhao  King & Wood Mallesons’ Corporate & Securities group

It was not so many years ago when it was common practice for international brands to sign away exclusivity for the Chinese market with little afterthought.

Back in the 1980s and 1990s it was not unusual for the Western brand to start a relationship in Hong Kong and then add China as an afterthought – it was considered a place far away, with few potential customers. 
Continue Reading Grabbing Back Your Distribution Channel in China

By Mark Schaub, Partner, Corporate, King & Wood Shanghai

On May 19, 2010, the People’s Bank of China (“PBOC”) issued a new set of regulations for online payment service providers that will take effect on September 1, 2010. The new regulations bring payment services within the banking regulatory scheme.

Continue Reading China Retailers Beware…New Payment Restrictions may Impact your Revenue Channels!