US legal system can be a trial for Chinese firms

As the Chinese increase investment in the United States, they are discovering the US legal system, which in turn is being schooled about an ancient culture and people. The result is a steep learning curve for both sides, according to legal observers.

Attorneys examined how Chinese companies are adjusting to securities laws and the challenges facing lawyers in the US who are involved in litigation with the Chinese at a recent seminar in New York with the theme "Chinese Companies and US Class Actions: Securities Litigation and Product Liability".

Panel members discussed how the tenets of US law are foreign to the Chinese, the problems associated with conducting bilingual proceedings and how the traits of Asian culture can affect a legal strategy.