Osborne Clarke have entered the mainland Chinese market after admitting new Shanghai-based firm, Zhang Yu & Partners, to its international network.
The firm, which has more than 400 people at its offices in Bristol’s Temple Quay, has already launched an association with OC Queen Street in Singapore last year and an association with Koh Vass & Co in Hong Kong in 2015. It also has a close working relationship with BTG Legal in India, which was started in 2014.
Zhang Yu & Partners is being set up by Guohua Zhang and Steve Yu who have over 30 years of experience between them, particularly advising western and Asian corporations on complex cross-border transactions and international trade relating to China.
The team will initially focus on opportunities for clients in the digital business and consumer products sectors as well as offering cross-border advisory services for Osborne Clarke’s sector clients with requirements in mainland China.
Zhang Yu & Partners together with Koh Vass & Co in Hong Kong will offer a distinct Osborne Clarke-style service for clients across China and internationally.
Simon Beswick, International CEO at Osborne Clarke said: “This is a major step forward in strengthening our international business as we now have a robust Asian regional offering from offices in Hong Kong, Mumbai, Shanghai and Singapore.
“We can now fully support our clients who want to enter the second largest market in the world, and equally, we are well positioned to target local Chinese companies with our international sector expertise.”