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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5118)7/4/2005 3:35:18 PM
From: RealMuLan  Read Replies (1) of 6370
 
International Law Firms Are Finding Opportunity in China
# Lawyers see clients in entrepreneurial, young companies with global ambitions, a change from state-owned organizations.

By Reena SenGupta, Financial Times

BEIJING — When Liu Chuan-zhi started a personal computer business in 1984 off "Swindler's Alley," Beijing's electronics black market, he could never have imagined it would one day buy IBM Corp.'s PC business.

Similarly, the firm of Clifford Chance, which handled the Lenovo-IBM deal, would have had little idea that within 20 years of becoming the first European firm to set up shop on the mainland it would be acting in 65 jurisdictions on such a significant deal for a company based in the People's Republic of China.


latimes.com
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