The foreign ministers of China, Japan, and South Korea recently met in Busan to discuss common regional concerns, in particular security issues linked with Washington DC and Pyongyang & made a case for restarting their annual trilateral summit.
Analyzing data from 2022 and 2023, we explore the evolving trends in China's FDI inflows. In the coming years, this shift is expected to see potentially hundreds of billions of dollars in investments flowing into China from the Middle East, more specifically, the Gulf Cooperation Council (GCC) markets.
China's vast inland region offers a compelling alternative to third country reshoring for companies seeking lower production costs.
The first in-person meeting between the two heads of state in a year led to commitments to increase cooperation on climate, AI, counternarcotics, and military affairs.
The high-profile meeting between China’s President Xi Jinping and US President Joe Biden in underway. This Op-ed article from Chris Devonshire-Ellis discusses the underlying issues at stake.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
China 2023 October Economic Roundup: Retail Sales and Factory Output Exceed Expectations
China's Outbound Investment: Recent Developments, Opportunities, and Challenges
The China Project Media Company Announces Closure
China to Issue RMB 1 Trillion in Special Treasury Bonds to Local Governments in Q4 2023 and Q1 2024
China International Import Expo 2023 - Trade, Policy, and Business Opportunities
In A Quick Guide to Accounting and Audit in China 2024, we highlight the importance of audit and compliance process to businesses to survive and thrive in a growing volatile, unexpected, complex, and ambiguous (VUCA) world.
Dongguan has opened the GBA IIT subsidy application this year on November 15, 2023. The application can be submitted through the designated system until December 25, 2023, after which the system will close.
We discuss the challenges and common mistakes associated with outbound payments from China, focusing on non-trade foreign exchange payments. Outbound payments receive close scrutiny from China's tax and foreign exchange authorities.
Localized configurations are necessary when expanding your global ERP to China, either to meet local mandatory requirements or to secure optimal outcomes for your China operations.
In our first Asia Transfer Pricing Brief, for Q3 2023, we provide the latest transfer pricing updates from Singapore, Malaysia, and India.
In October 2023, seven provinces and cities in China, including Beijing, Hunan, Shandong, Anhui, Qinghai, Ningxia, and Guizhou, announced pilot programs for fully digitalized e-fapiao. We discuss how companies can prepare in this month's China tax brief.
E-Invoicing in China 2023: Expansion of the Fully Digitalized E-Fapiao Program (Updated)
Why is ERP Important for Operating a China Business?
China Monthly Tax Brief: September 2023
Q&A: Key Points Regarding Dividends Derived by Non-Resident Enterprises in China
Managing Tax Avoidance Arrangements in China: Practical Considerations for Businesses
Phase 3 of Hong Kong's New Inspection Regine will commence on December 27, 2023. Concerned individuals can apply to the Companies Registry to withhold their relevant information from public inspection.
How have data protection regulations developed over the past year? We summarize the latest developments and discuss the future outlook of China's data regulations.
China's accession to the Convention simplifies authentication procedures required to use foreign documents for administrative matters in China. The Apostille Convention officially took effect in China on November 7, 2023.
Company supervisors play an important role in corporate governance in China and are a requirement for all almost all companies operating in the country.
Travelers leaving and entering China no longer need to fill in the Health Declaration Card as the last of the COVID-era travel requirements is lifted.
In this edition of China Briefing Magazine, we introduce common scenarios where disputes may arise, challenges faced by foreign investors, as well as practical tips for optimal resolution within the Chinese context.
Increasing and Decreasing Registered Capital in China - A Guide for FIEs
Chinese Government Restructuring Explained - Changes to State Council Agencies
Calculators for Registered Capital and Total Investment in China
Registered Capital in China: A Comprehensive Guide for Foreign Businesses
China’s Pivot from Energy Consumption to Carbon Emissions Controls: Impact on Companies
We discuss why China's new-type industrialization thrust is an opportune time for foreign businesses and investors looking to expand their presence in the Chinese market.
We break down the factors driving growth in China's outdoor sports industry, including local preferences and demographic-linked habits. Foreign brands face growing competition from China firms but can customers at the premium and entry-level segments.
China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
China’s booming pet market implies huge opportunity to Mongolia’s pet food production and luxury pet fashion sectors.
The Industrial Internet in China is viewed as a critical tool to foster technological advancements and high-end manufacturing. It has played a pivotal role in enhancing the output across the primary, secondary, and tertiary sectors of the economy.
China unveiled a new metaverse action plan aimed at boosting economic growth, job creation, and innovation through intelligence technologies. We'll explore the plan's key points and its potential impact on China's economy and businesses.
Entering China's Infant Formula Market: Regulations, Opportunities, and Challenges
Hong Kong’s Data Center Sector: Industry and Regulatory Landscape
China's Data Center Sector: Industry and Regulatory Insights
China's Tourism Sector Prospects in 2023-24
Exporting Food Products to China: A Step by Step Guide
We offer the latest advice on traveling to China since the lifting of COVID-19 restrictions, from visas to testing to travel precautions.
With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
Dongguan has opened the GBA IIT subsidy application this year on November 15, 2023. The application can be submitted through the designated system until December 25, 2023, after which the system will close.
China has announced a unilateral visa-free entry policy for holders of ordinary passports from France, Germany, Italy, the Netherlands, Spain, and Malaysia, during the period from December 1, 2023, to November 30, 2024.
China’s 72/144-hour visa-free transit policy has been expanded to 54 countries. Norway was added to the list starting from November 17, 2023.
We address FAQs on the updated regulation on employees leave management in Guangdong, effective retrospectively from July 1, 2023.
A Guide to Minimum Wages in China in 2023 (Last Updated on November 7, 2023)
Employee Handbook in China: Key Points for HR Compliance
Temporary Residence Registration in China - A Guide for Foreign Residents and Visitors
China Public Holiday 2024 Schedule Released
We discuss why China's new-type industrialization thrust is an opportune time for foreign businesses and investors looking to expand their presence in the Chinese market.
How have data protection regulations developed over the past year? We summarize the latest developments and discuss the future outlook of China's data regulations.
Localized configurations are necessary when expanding your global ERP to China, either to meet local mandatory requirements or to secure optimal outcomes for your China operations.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
In October 2023, seven provinces and cities in China, including Beijing, Hunan, Shandong, Anhui, Qinghai, Ningxia, and Guizhou, announced pilot programs for fully digitalized e-fapiao. We discuss how companies can prepare in this month's China tax brief.
We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.
Why is ERP Important for Operating a China Business?
Industrial Internet in China: How Policies Enable Latest Stage of Industry 4.0
China’s Cybersecurity Regulator Moves to Ease Cross-Border Data Transfer Rules
China Releases Three-Year Action Plan for Metaverse Industry Development
Hong Kong’s Data Center Sector: Industry and Regulatory Landscape