Compliance Challenges When Working With JV Partners in China

Multinational companies face unique compliance challenges when partnering with local companies to form joint ventures in China, particularly when the partner is also a state-owned entity. Recent FCPA enforcement actions reflect the continued attention U.S. regulators pay to business activities in China, including those involving JVs. In a guest article, Mimi Yang, David Zhang and Karen Oddo of Ropes & Gray explain how to effectively navigate these complex anti-corruption risks. They argue that multinational corporations need to take a proactive approach, from pre-deal due diligence of a potential JV partner through post-investment integration and implementation of a strong compliance program, to ongoing training and monitoring. See “Anti-Corruption Provisions in Third-Party Contracts in China” (Jun. 7, 2017).

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