China Collaborative Group (CCG) forms to provide legal services
Capital has joined the China Collaborative Group, an advisory collective for China inbound and outbound cross-border investment deals
The China Collaborative Group (CCG) has officially formed as an advisory collective. CCG works with cross-border investors, and their counterparts, on business deals connected to China’s “One Belt, One Road” initiative (OBOR) and other global economic platforms. Marlies Hoecherl, an international expert in our Corporate team, represents Capital in the group.
The National Development and Reform Commission of the People’s Republic of China, the country’s top economic planning agency and champion of OBOR, has acknowledged CCG. The acknowledgement paves the way for the group to work with clients providing advice and services that are aligned with the NDRC’s guiding principles to make China a leader in economic globalisation and integration.
CCG is made up of 17 legal and tax advisories from different countries. The members collaborate as one team under a Swiss legal entity association model. It currently includes advisories from China, Costa Rica, Cyprus, France, Germany, Hong Kong, Indonesia, Italy, Mexico, The Netherlands, Nigeria, Portugal, Spain, Switzerland, Turkey, United Kingdom and the United States.
CCG supports clients to make smart decisions when working across borders. More than just tackling rules and regulations, CCG is based on a reciprocal understanding of cultures and business practices. CCG’s experts advise clients in their native language, with an understanding of their culture. This ensures a level of clarity and comfort – both at home and abroad – that smooths deals along.
Key to CCG’s efforts will be guiding the increasing number of Chinese investors seeking to develop interests abroad and take root in the global economy. The association and its extended network of professionals will support Chinese business decision-makers to ensure both compliance and safeguarded in their cross-border activities.
“The China Collaborative Group is about much more than cross-border deals and corporate compliance,” says Roberto Gilardino, President of the China Collaborative Group “The local and international expertise of each CCG member, working together as one team serving each client toward effective solutions, ensures a thorough cultural component, including language and business culture practice. Deals can become minefields of misunderstanding, and we take every measure to avoid this.”
