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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 />

• Specify a choice of venue, the Chinese party is unlikely to<br />

agree to come to North America, in part because of cost<br />

considerations, consider Singapore law and venue, or Hong<br />

Kong SAR<br />

• There is now an agreement between Hong Kong SAR and<br />

Beijing on the reciprocal enforcement of judgments<br />

• If possible chose a Chinese venue in which you have other<br />

investments<br />

71

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