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Japanese big-four firm Nishimura & Ashahi has opened a second China office in Shanghai.
Nishimura & Ashahi’s Shanghai opening comes two months after the firm received a licence by the Ministry of Justice in December 2013. The firm established its first China office in Beijing in April 2010 to support Japanese companies investing in China.
Nishimura & Ashahi said its decision to open in Shanghai was driven by the city’s increasing prominence as a business centre not only in China but also globally, as well as its growth potential in the areas of finance and investment due the newly launched Shanghai Pilot Free Trade Zone.
Nishimura & Ashahi’s new Shanghai office will be staffed by two Japanese lawyers initially, finance partner Toshihiro Maeda and corporate lawyer Takashi Nomura.
It is the firm’s latest expansion in Asia. Last April, the firm launched an office in Myanmar and Thailand (30 April 2013).