On a trip organized in concert with Columbia Business School’s Jerome A. Chazen Institute of International Business, 33 Columbia MBA students had the opportunity to visit China in August 2005 to learn directly from foreign investors the difficulties of doing business in China’s developing legal environment. We present below three key themes—regulations and bureaucracy, intellectual property rights and corporate financial policy—that emerged during our company visits. During each visit, we probed, with variations, a common question: "How does China’s developing legal environment influence the way you do business?"
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"Business and the Legal Environment: Lessons from China"