Setting Up a Wholly Foreign-Owned Enterprise in China
By Eunice Ku Sept. 13 – A wholly foreign-owned enterprise (WFOE) is a company established in China according to Chinese laws and wholly owned by one or more foreign investors. A WFOE is a limited liability company, meaning that the liability of the shareholders is limited to the assets they brought to the business. Unlike […]
Sourcing From & Selling to India
Sept. 5 – As India’s total merchandise trade tripled from US$252 billion in 2006 to US$794 billion last year, the business of import/export with Indian firms has become much more popular. However, the rising monetary numbers have brought with them an increasing number of legal and administrative reforms and considerations for import/export-related businesses. In this […]
Gulf Cooperation Council-Singapore FTA Comes into Effect
Sept. 5 – Earlier this week, the Gulf Cooperation Council-Singapore FTA (GSFTA) finally came into effect after somewhat lengthy negotiations that began after the agreement was previously negotiated on and signed in Doha, Qatar, in 2008. This is the first FTA signed by the Gulf Cooperation Council (GCC) and Singapore, and only the second FTA […]
Singapore, Malaysia, India Among Most Financially Vulnerable Asian Countries
Sept. 3 – According to a recent report measuring financial vulnerability published by Bank of America Merrill Lynch (BofAML), Singapore, Malaysia and India are among the most financially vulnerable Asian countries based on their surprisingly low scores. The scoring factors used in the report are based on ten different aspects, including: Excessive real credit growth; […]
Designing a Labor Contract in China
Aug. 29 – Once a conclusion has been reached concerning the issue of what kind of contract a company wishes to enter into for a particular employee role (direct employment, secondment or outsourcing), the next step will be the drafting of the contract. Normally, employment agencies and outsourcing companies will have their own template for […]
Chinese-Japanese Attitudes Build In Negativity
Over the years, the perceptions and feelings of the Japanese and Chinese public towards each other have increasingly become more negative. However, both peoples see the relationship between the two countries as very important despite their differences.
India Fines Singapore’s Temasek Holdings
Aug. 23 – Temasek Holdings, the investment arm of the Singapore government, received a fine of Rs 50 lakh (US$79,000) this month from the Competition Commission of India (CCI) for late filing of M&A approval forms required under Indian securities law. This is the first time a government-owned international investment company has been issued a […]
India and China’s Retail Industries Compared

According to a new report China ranks fourth globally for retail development. Meanwhile, India’s retail development ranking fell nine spots to fourteenth. A comparison of India and China’s retail sectors reveals some lessons for retailers in both markets.
China and India Hold Talks on Central Asia
Aug. 15 – This week, India and China held official talks for the first time regarding their respective approaches towards Central Asia. The talks represent further bilateral engagement with regard to regional cooperation, despite their occasional competing interests. India and China are both geographically close to Central Asia, and both countries have already established close […]
India Asserts Authority Over China In Aircraft Carrier Stakes
Regional Sea Power Balance Shifting To Delhi Aug. 14 – India has shown off its new aircraft carrier INS Vikrant, which was unveiled at the Indian naval shipyard in Cochin, Kerala, on Monday. The successful unveiling of the carrier means India has beaten its regional rival China to join the four states able to design […]