Wednesday, March 28, 2007, 11:13 AM

Womble China Delegation Sweeps Many Provinces in China

During the last eight days, the Womble China Delegation has met with many business leaders and government officials through out several provinces and municipalities in the east crescent of China, including Beijing, Tianjin, Shandong, Hunan and Jiangsu. Many of these business leaders and government officials confirmed Womble's belief that Chinese companies are willing, capable and ready to expand their business to the U.S. and that the Chinese government is encouraging this expansion. One of the companies we met came to the meeting with a list of questions. A seminar hosted by the Delegation in Shanghai to introduce the SE and the Mid-Atlantic region of the U.S. attracted more than 130 Chinese business & government leaders, who packed the conference room making it literally a standing room only event. The enthusiasm we saw about the U.S. was everywhere. Many of the companies we met had specific plans for the U.S. market. Intellectual property protection is a topic that comes up in almost every meeting. Chinese companies are no longer focusing only on attracting foreign capital. They are eager to learn from the U.S. about management, process, new concepts, new technology and services.

The trip has been an eye opening experience for the Delegation. We are awed by the level of maturity of many of the companies we met, encouraged by the current economic policies in China and delighted by people's enthusiasm about the U.S. We have also been introduced to many delicious Chinese foods, including some that we ate solely out of respect for our Chinese hosts, such as the goose feet we had in Suzhou.


Blogger ChinaLawBlog said...

This is all well and good, but in the end, only an infinitesimal number of Chinese companies are willing to pay anything close to US attorney rates, and then only when doing so is absolutely necessary. I am guessing your trip will be good for the state, but I am very doubtful it will be good for the firm. I would love to hear the firm's report on this a year from now.

April 1, 2007 at 10:31 AM  

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