Rosie Hawes & Carly Ramsey | Assessing Political Risk in APAC

<p><strong>Topics Discussed and Key Points:</strong></p><p>●      The story behind Control Risks and how it expanded to other markets</p><p>●      Defining “political risk” and its relevance to businesses in China</p><p>●      Does the government move as fast as the economy and how do businesses adapt to changes in China’s regulatory landscape?</p><p>●      How to do due diligence in China versus other North Asian markets</p><p>●      How should political and regulatory issues be considered when approaching due diligence?</p><p>●      With what types of situations can business intelligence and political and regulatory risk analysis be helpful to businesses in China?</p><p><strong> </strong></p><p><strong>Episode Summary:</strong></p><p>Today on The Negotiation, we speak with Rosie Hawes and Carly Ramsey of the China division of Control Risk, a global risk consultancy headquartered in London. The firm’s clients include national and multinational businesses of all sizes in all sectors, law firms, government departments, and non-governmental organizations.</p><p>“Political risk,” says Carly, “is very relevant to businesses in China” due to the country’s strong drive to turn China into a modern, developed nation.  Regulations abound, therefore, to ensure that business growth in almost every sector is steering the nation toward accomplishing its various political objectives.</p><p>And these political priorities, Carly continues, “are not new. Those are long-standing, multi-decade long priorities to develop China into a modern country.” Businesses should operate with this strict regulatory environment in mind by having the right people in place who can closely follow these developments and translate those observations into company action. “This is where we focus: Are you set up to manage this shift?”</p><p>Rosie stresses the importance of considering the political and regulatory landscape when conducting due diligence no matter the size of your company as “any company that wants to succeed in an unfamiliar mar