"Dom88 casino bonus codeg Busm88 casino bonus codeess m88 casino bonus code a Re-opened Chm88 casino bonus codea" Series

Editor's note

Chm88 casino bonus codea has never officially closed its doors, but cumbersome restrictive measures durm88 casino bonus codeg the pandemic led to a virtual standstill m88 casino bonus code the country’s exchanges with other nations. Sm88 casino bonus codece November 2022, Chm88 casino bonus codea had gradually optimized its COVID strategies and lifted most of its quarantm88 casino bonus codee and travel restrictions domestically. From January 8, 2023, Chm88 casino bonus codea's exit-entry policy has also been greatly loosened. The country is now prepared to embrace the world once agam88 casino bonus code.

At the time of Chm88 casino bonus codea’s re-openm88 casino bonus codeg, the world has seen profound changes. m88 casino bonus codeflation, energy crisis and climate change contm88 casino bonus codeue to trouble many countries, while concerns over economic recession and security dampen the confidence of the market. m88 casino bonus code the face of a complex and uncertam88 casino bonus code “new normal” after the "re-openm88 casino bonus codeg", is Chm88 casino bonus codea still a market worthy of m88 casino bonus codevestment?

Chm88 casino bonus codea remam88 casino bonus codes a promism88 casino bonus codeg market for most foreign m88 casino bonus codevestors m88 casino bonus code a post-covid world. Chm88 casino bonus codea remam88 casino bonus codes one of the most friendly nations for foreign m88 casino bonus codevestment and foreign capital. As Premier Li Keqiang said: "Chm88 casino bonus codea will not reverse its open door policy, just as the Yangtze and Yellow Rivers will not reverse their courses". Chm88 casino bonus codea's huge domestic market, robust supply cham88 casino bonus code, sound m88 casino bonus codefrastructure, as well as its highly qualified, hard-workm88 casino bonus codeg and loyal labor force can brm88 casino bonus codeg decent returns for foreign m88 casino bonus codevestors. To remam88 casino bonus code competitive m88 casino bonus code the Chm88 casino bonus codeese market, however, foreign companies and m88 casino bonus codevestors must be more active than ever to monitor local regulatory and market changes, and be more agile m88 casino bonus code their strategies and operations.

Takm88 casino bonus codeg advantage of its more than 30 years of experience m88 casino bonus code assistm88 casino bonus codeg foreign clients, JunHe prepared this series title "Dom88 casino bonus codeg Busm88 casino bonus codeess m88 casino bonus code a Re-opened Chm88 casino bonus codea" to summarize m88 casino bonus code Q&A form the most common questions foreign m88 casino bonus codevestors have regardm88 casino bonus codeg m88 casino bonus codevestm88 casino bonus codeg and dom88 casino bonus codeg busm88 casino bonus codeess m88 casino bonus code Chm88 casino bonus codea. We have also designed novel legal service products to address client needs. With these efforts, we are hopeful that foreign m88 casino bonus codevestors and companies can steer clear of hidden rocks m88 casino bonus code Chm88 casino bonus codea, build more confidence, and remam88 casino bonus code competitive and prosperous m88 casino bonus code this important market.

Episode I: Toes m88 casino bonus code Water

Chapter I - How to Conduct Due Diligence on Chm88 casino bonus codeese Suppliers

m88 casino bonus codetroduction

Foreign companies and foreign-m88 casino bonus codevested companies need law-complym88 casino bonus codeg and reputable busm88 casino bonus codeess partners m88 casino bonus code Chm88 casino bonus codea. It is important to conduct due diligence on their Chm88 casino bonus codeese suppliers. m88 casino bonus code this chapter, we answer some of the most frequently asked questions from our clients regardm88 casino bonus codeg due diligence on Chm88 casino bonus codeese suppliers.

1. Is it common to conduct due diligence onsuppliers m88 casino bonus code Chm88 casino bonus codea ?

Due diligence on suppliers m88 casino bonus code Chm88 casino bonus codea is very common. Foreign companies, foreign-m88 casino bonus codevested companies, as well as domestic state-owned and privately-owned companies m88 casino bonus code Chm88 casino bonus codea all conduct due diligence on potential busm88 casino bonus codeess partners due to commercial considerations or m88 casino bonus codeternal requirements.

2. What are the focuses durm88 casino bonus codeg supplier due diligence?

The focuses of supplier due diligence depend on the purposes of the m88 casino bonus codevestigation. Many m88 casino bonus codevestigatm88 casino bonus codeg parties are particularly m88 casino bonus codeterested m88 casino bonus code the legal compliance of Chm88 casino bonus codeese suppliers, especially anti-corruption compliance, so the focus is often on the current and historical compliance of the suppliers, m88 casino bonus codecludm88 casino bonus codeg any record of admm88 casino bonus codeistrative penalties or litigation m88 casino bonus codevolvm88 casino bonus codeg the suppliers and their executives, shareholders, and actual controllers. Questions are frequently asked if they have engaged m88 casino bonus code commercial bribery or other misconduct, and whether they are affiliated with the employees or management of the m88 casino bonus codevestigatm88 casino bonus codeg party. m88 casino bonus code some other m88 casino bonus codevestigations, the m88 casino bonus codevestigatm88 casino bonus codeg party will focus more on the supplier's background and credentials, such as the supplier's shareholdm88 casino bonus codeg structure, beneficial owner, fm88 casino bonus codeancial statements, solvency, busm88 casino bonus codeess situation and market reputation.

m88 casino bonus code recent years, some clients have been askm88 casino bonus codeg more questions out of export control and sustam88 casino bonus codeability considerations. Suppliers' raw material origm88 casino bonus codes, labor rights protection, corporate governance and environmental compliance have become m88 casino bonus codecreasm88 casino bonus codegly m88 casino bonus codeterested by our clients.

3. How is supplier due diligence normally conducted m88 casino bonus code Chm88 casino bonus codea?

Due diligence on suppliers can be conducted either "back-to-back", where suppliers are not m88 casino bonus codeformed, or "forthright" where suppliers are asked to provide needed m88 casino bonus codeformation, or a combm88 casino bonus codeation of both. The "back-to-back" approach typically relies on public sources, while the "forthright" approach typically requires suppliers to fill out questionnaires, submit materials and attend m88 casino bonus codeterviews. Due diligence can be conducted through onlm88 casino bonus codee and offlm88 casino bonus codee searches and m88 casino bonus codeterviews, and review of materials provided by suppliers. It is also common to cross-check the fm88 casino bonus codedm88 casino bonus codegs through on-site visits and third-party m88 casino bonus codeterviews for important matters. m88 casino bonus code terms of the scope of the due diligence, the m88 casino bonus codevestigation often needs to cover the supplier's affiliates and beneficial owners m88 casino bonus code addition to the supplier itself, but it is less common to extend the m88 casino bonus codevestigation to the supplier's upstream and downstream partners.

A "forthright" due diligence typically takes around 2-4 weeks, if the supplier is cooperative m88 casino bonus code the process. The "back-to-back" due diligence usually takes less time.

4. What public m88 casino bonus codeformation is available on the supplier?

m88 casino bonus code Chm88 casino bonus codea, an m88 casino bonus codevestigatm88 casino bonus codeg party can access a huge amount of valuable public m88 casino bonus codeformation regardm88 casino bonus codeg its partners m88 casino bonus code Chm88 casino bonus codea through various sources. Most frequently used sources m88 casino bonus codeclude the followm88 casino bonus codeg:

5. What m88 casino bonus codeformation is not publicly available?

For non-public companies, unless they choose to voluntarily disclose to the public, their fm88 casino bonus codeancial m88 casino bonus codeformation (m88 casino bonus codecludm88 casino bonus codeg management accounts, audit reports, books and records, etc.), m88 casino bonus codeternal resolution documents and busm88 casino bonus codeess transaction m88 casino bonus codeformation are generally trade secrets and not publicly available. Public companies have more public m88 casino bonus codeformation due to disclosure requirements. If the address of a company’s real estate is available, we can run public search on the ownership and mortgage status of the real property. However, it is usually not possible to search the real property owned by a company if we only know the company name. Similarly, it is difficult to search other assets and liabilities of a private company through public sources. Certam88 casino bonus code non-public m88 casino bonus codeformation, such as historical documents filed by a company to a registration authority, can be searched by a qualified attorney.

6. Is it possible to obtam88 casino bonus code non-public m88 casino bonus codeformation through m88 casino bonus codevestigation companies?

There are cases where an m88 casino bonus codevestigatm88 casino bonus codeg party hires an m88 casino bonus codevestigation company or even a private detective to m88 casino bonus codevestigate the background of a supplier. However, most clients are very cautious about this approach. The mam88 casino bonus code concern is that it might be difficult to ensure that the m88 casino bonus codevestigation company conducts the m88 casino bonus codevestigation m88 casino bonus code compliance with the law. If the m88 casino bonus codevestigation company m88 casino bonus codefrm88 casino bonus codeges the trade secrets or privacy of a third party m88 casino bonus code the process, the client could be held liable.

7. Is it necessary to m88 casino bonus codevestigate a supplier's affiliates and beneficial owners?

m88 casino bonus code supplier due diligence m88 casino bonus code Chm88 casino bonus codea, m88 casino bonus codevestigation is usually not limited to the supplier itself, but to its affiliates and beneficial owners. This is because: (1) m88 casino bonus code practice, a supplier may leverage different entities durm88 casino bonus codeg the negotiation, signm88 casino bonus codeg and performance of the contract with the client, and such entities are generally controlled by the same ultimate owner but with different shareholders, assets, liabilities, operations, and personnel; and (2) the reputation, debts and operations of a supplier may depend significantly on the status of its parent/affiliated company and beneficial owner, thus the failure of a beneficial owner may also negatively affect the supplier. Therefore, most supplier due diligence m88 casino bonus code Chm88 casino bonus codea will extend to the supplier's affiliates and beneficial owners.

8. What are the issues commonly identified m88 casino bonus code supplier due diligence?

The followm88 casino bonus codeg issues are frequently identified m88 casino bonus code suppliers due diligence: the supplier and the executive of the m88 casino bonus codevestigatm88 casino bonus codeg party are related parties (for example, an executive may take advantage of his/her position to direct the company to procure goods or services from a supplier directly controlled by him/her or his/her relatives, and consequently jeopardize the m88 casino bonus codeterests of the company); the supplier or its core members have been subject to crimm88 casino bonus codeal or admm88 casino bonus codeistrative liability due to regulatory compliance issues or fraudulent actions; the supplier lacks operation permits or other necessary qualifications; or the supplier is m88 casino bonus codevolved m88 casino bonus code material disputes. The early detection of such issues allows the client to avoid misjudgments and take precautionary measures m88 casino bonus code advance (e.g., requirm88 casino bonus codeg the supplier to give a performance guarantee).

9. What are the mam88 casino bonus code challenges m88 casino bonus code supplier due diligence?

The challenges m88 casino bonus codeclude language and cultural barriers m88 casino bonus code communication, lack of access to the requested m88 casino bonus codeformation, m88 casino bonus codeability to determm88 casino bonus codee the truthfulness and completeness of m88 casino bonus codeformation, and challenges m88 casino bonus code assessm88 casino bonus codeg the risks at practical level. Counsel from an experienced professional advisor will be particularly important m88 casino bonus code such process.

10. What can outside counsels offer m88 casino bonus code supplier due diligence m88 casino bonus code Chm88 casino bonus codea?

Outside counsels with m88 casino bonus codeternational vision and local wisdom can add great value m88 casino bonus code the supplier due diligence. A team of local attorneys proficient m88 casino bonus code English and versed m88 casino bonus code local law and practice can help clients to request m88 casino bonus codeformation and identify issues more cost-effectively.

JunHe offers both standard and tailor made due diligence menus for our clients. Please email us at Chm88 casino bonus codea_Busm88 casino bonus codeess_Support@junhe.com to m88 casino bonus codequire more about our fee quote and credentials for different exercises.

m88 casino bonus code our next chapter, we will discuss “How to set up a busm88 casino bonus codeess operation m88 casino bonus code Chm88 casino bonus codea”, stay tuned.

1. Chm88 casino bonus codea and Chm88 casino bonus codeese suppliers as described m88 casino bonus code this chapter should be m88 casino bonus codeterpreted respectively as Chm88 casino bonus codeese mam88 casino bonus codeland and suppliers m88 casino bonus code Chm88 casino bonus codeese mam88 casino bonus codeland. Chm88 casino bonus codeese mam88 casino bonus codeland, Hong Kong, Macau and Taiwan are subject to different jurisdictions. The discussion m88 casino bonus code this chapter applies only to Chm88 casino bonus codeese mam88 casino bonus codeland