China’s commitment to technological development and innovation is not only fostering a shift from “Made in China” tags to the more quality-indicative “Made by China” labels, but is also making local technologies targets for acquisition by foreigners. Developed and incubated in state-funded, private, and Sino-foreign research and development centers, these technologies are often discovered by foreign enterprises as they conduct due diligence on Chinese targets for acquisitions, joint venture partnerships, and even contract manufacturing arrangements. This article recommends best practices for foreign buyers in the acquisition of these technologies.