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Unit of study_
CLAW2211: Commercial Practice in China
China is currently the second biggest economy in the world and is Australia's most important trading partner. Australian businesses are increasingly engaging with China. This Unit of Study addresses the frequently asked questions of what underpins commercial practice in China and how to do business with China. It explores China's unique business environment, which has resulted from its culture, history and demography, and examines the business regulations, tax system, and the administrative and compliance issues businesses will face when carrying on business with China. The Unit first outlines the Chinese business environment in terms of culture, history, economics, demography, and government administration. It then provides students with an understanding of the legal environment that businesses will face in China. Through a hypothetical case study, different aspects of commercial practice in China such as contract, entity structure, mergers and acquisition, property and intellectual property rights, the tax system, different tax types and associated international issues, and social insurance are analysed.
| Code | CLAW2211 |
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| Academic unit | |
| Credit points | 6 |
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Prerequisites:
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Completion of at least 24 credit points of study |
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Corequisites:
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None |
| Prohibitions:
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None |
At the completion of this unit, you should be able to:
- LO1. describe how businesses are conducted in China's legal framework; analyse and explain the cultural and historical nuances within this legal business environment
- LO2. identify and discuss how Chinese and western businesses are operated within their respective legal frameworks. Apply a comparative methodology to critically analyse these two very different mindsets revolving around people's attitudes to the law. Evaluate how legal problems can be solved within a business scenario in China
- LO3. analyse business scenarios involving legal issues
- LO4. effectively demonstrate written communication skills and participate in a group presentation to demonstrate verbal communication skills
- LO5. demonstrate team working spirit when working within groups
- LO6. appraise the differences in business ethics between the Chinese and western cultures.
Unit outlines
Unit outlines will be available 2 weeks before the first day of teaching for the relevant session.
- Semester 2, 2023 [Normal day] - Camperdown/Darlington, Sydney
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