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FRANCHISING IN CHINA 特许经营在中国 - Licensing Executives ...

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最 佳 做 法 – BEST PRACTICES<br />

6. Develop a Good Contract – cont’d.<br />

Law, Forum and Venue:<br />

– Generally China does not enforce foreign judgments,<br />

U.S. judgments in particular<br />

– Specify a choice of law that matches your exit<br />

strategy<br />

– If you are based outside of China, consider using<br />

arbitration, China is a party to the New York<br />

Convention on Arbitral Awards<br />

69

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