WFOE timing crucial for China entry, firms told

The risks and costs involved in setting up a wholly foreign-owned enterprise (WFOE) in China have been highlighted by analysts, weeks after the removal of legal uncertainties. The operational challenges and costs of establishing a financial servicing platform include interactions with other platforms, choices over business lines, and personnel hiring.  Global managers who plan to enter China have also been urged to reflect on their timing, with most of their peers having chosen …