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US law firms rethink China future amid economic woes, data crackdown

A hard-fought race by U.S. and global law firms to expand into China has turned into a retreat for many, thanks to growing pressures on foreign businesses and converging economic and geopolitical challenges, according to new data and interviews with lawyers and legal industry experts.
Hong Kong United States Jingzhou Tao Elliott Portnoy David Wilkins China Ministry Of Justice

Gentherm Incorporated (NASDAQ:THRM) Q3 2023 Earnings Call Transcript

Gentherm Incorporated (NASDAQ:THRM) Q3 2023 Earnings Call Transcript October 26, 2023 Gentherm Incorporated misses on earnings expectations. Reported EPS is $0.64 EPS, expectations were $0.68. Operator: Ladies and Gentlemen, good morning and welcome to the Gentherm Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer […]
Nuevo Leóx United States Great Wall China General Matteo Anversa Gentherm Climatesense
Source: yahoo.com

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BRIEFS: Foreign Firms Recalibrate China Strategy as Environment Toughens

International law firms operating in China have been mired in a crisis of confidence following a series of grim news. In the latest signal of market dismay, Magic Circle firm Linklaters and Clifford Chance trimmed associate headcounts in China and Hong Kong as a result of the weaker economic environment.
Hong Kong Latham Watkins Peter Zeughauser Wood Mallesons Zeughauser Group Clifford Chance

China Looks to Relax Data Rules to Allay Business Fears

(Bloomberg) -- China has proposed relaxing its strict rules on data flows abroad, in its latest move to allay foreign business concerns and revive faltering growth in the world’s second-largest economy.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New MembersTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole‘Fortnite&...
Tom Nunlist Atticus Zhao King Wood Mallesons James Mayger Bloomberg Businessweek Cyberspace Administration Of China
Source: yahoo.com

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