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due diligence – XtremeCuztoms

Category: due diligence

When China’s Economy Slumps, so Does Beijing’s Political Power

Commentary China’s economy is in desperate straits. So desperate that officials in one county in Guangdong Province offered an illegal bribe to U.S. investors. Any U.S. corporate “decision maker” who brings investment, according to The Wall Street Journal, would get 10 percent of the deal’s total value. A $100 million investment by a U.S. company,…


Changing Definitions in China’s Counter-Espionage Law Increases Risk for Western Consultants

China’s new counter-espionage law broadens the definition of espionage, increasing the risks for foreign consultants, which some experts said may increase the risks for investing in the country. On March 27, Chinese Premier Li Qiang told foreign attendees of the China Development Forum (CDF) 2023 in Beijing that China would unswervingly open up to the…


New Zealand Launches Public Consultation for Modern Slavery Laws

The New Zealand government has taken its first major step towards addressing worker exploitation and modern slavery in supply chains, opening public consultation on proposed legislative options to address these issues. “As New Zealanders, most of us believe in decency and dignity for people, and we’re appalled at the possibility that some of the goods…