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European Business in China: Insights From the EU Chamber’s Position Paper 2024/2025

2024-09-19
In our overview of the EU Chamber’s European Business in China Position Paper 2024/2025, we delve into the key challenges European businesses face amid China’s slow economic recovery and regulatory uncertainties. The Position Paper highlights significant issues, including economic slowdown, overcapacity, and regulatory compliance difficulties, while providing targeted recommendations for policy reform and enhanced bilateral cooperation. The report emphasizes the need for consistent policy implementation and clear regulatory guidelines, while advocating for proactive EU engagement and strategic adjustments by European companies to navigate the evolving market landscape effectively.

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Vietnam Briefing

Impact of Typhoon Yagi on Vietnam: Economic Damage and Recovery Efforts

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The full extent of Typhoon Yagi’s damages in Vietnam is still being assessed, with several key sectors severely impacted. To expedite economic recovery, the government has instructed relevant ministries and agencies to develop comprehensive recovery plans.

India Briefing

India-ASEAN Bilateral and Trade Relations

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With India’s rising diplomatic influence and its leadership in the Global South, a deeper partnership with ASEAN offers mutual benefits and fosters regional stability. Since May 2024, India has significantly increased its engagement with Southeast Asia.

ASEAN Briefing

India Joins Project Nexus: Enhancing ASEAN Economic Ties

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By aligning itself with Project Nexus, India is not only enhancing its cross-border payment capabilities but also expanding its economic ties with some of the region’s most dynamic economies.

Middle East Briefing

VAT in the UAE: Registration, Rates, and Compliance

09/18/2024

The UAE implemented VAT in 2018 with a standard rate of 5 percent, applied at each stage of the supply chain. Businesses must adhere to compliance regulations, and failure to do so can result in significant penalties.

China Briefing

Reducing Labor Costs in China with a Sustainable Workforce Structure

09/18/2024

Optimizing labor costs sustainably in China involves adopting flexible employment practices, adapting to economic challenges, and implementing effective compensation structures. This multifaceted approach ensures cost savings while keeping the workforce motivated and engaged.

India Briefing

India-U.S. Boost Clean Energy Ties: Collaboration on Hydrogen, Sustainable Aviation

09/18/2024

India and the U.S. have declared their intention to work together on a number of projects aimed at advancing the use of hydrogen in buses, tractors, and heavy machinery, as well as encouraging the use of sustainable aviation fuel and the electrification of medium- and heavy-duty vehicles.

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Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.

 

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

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