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Operating Your China Business During a Crisis and Contagious Disease Outbreaks

Published: March 2020

Businesses across China were disrupted early this year due to the novel Covid-19 outbreak. The nature of this outbreak has led to some fast-thinking on the part of business organizations throughout the world – who have had to balance the quarantine conditions imposed with the need to resume normal work processes and await resumption of supplies. In this special edition of China Briefing magazine, we identify key concerns for business managers during such crises, including managing a remote workforce, using IT solutions to navigate business operations more efficiently and securely, and addressing the legal risks in case contractual obligations are not satisfied.


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Corporate Sustainability in China

Published: December 2019

Faced with the new reality of a slowing economy and ongoing environmental issues, China now sees sustainability as essential to ensuring long-term viability for both its economy and its citizens’ quality of life. As the issue of sustainability gains traction in China and around the world, businesses are entering into a new era of accountability. Customers, clients, stakeholders, and the government now demand businesses be accountable for polluting behavior. In this issue of China Briefing we explain how a sustainability strategy benefits your business and take a closer look at how businesses have already started shifting towards sustainability.


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How to Close a Business in China

Published: December 2019

Companies in China may want to end their operations for various reasons. Irrespective of what factors might trigger this decision to shut down the business, investors cannot simply walk away without following proper closure procedures. Not properly closing the company will not only attract stringent penalties from the government’s tax and regulatory bodies, but also do lasting damage to the reputation of the company. Moreover, the legal representative and the financial associates of the entity will face difficulty in various occasions. In this issue of China Briefing magazine, we walk foreign investors through the process of closing down their company in China.


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Back Office Automation in China

Published: October 2019

Automation in the professional services segment – the use of information technology to automate basic business processes – is making steady gains across mid- to large-size firms, increasing the ability of business leaders to transform their operational efficiency and profitability. In this issue of China Briefing, we explain how business leaders can prepare for automation by implementing simple, cost-effective solutions. We first explain the concept of services automation and how it can be used in administering back office functions. Next, we focus on what this automation of back office departments looks like, specifically for HR administration and payroll processing and finance and accounting. Lastly, we answer some frequently asked questions.


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The New Foreign Investment Law in China

Published: July 2019

China has faced a deluge of international criticism over its treatment of foreign businesses and the perceived slow pace of market opening over the past year. Looking to restore the confidence of foreign investors, China passed a new Foreign Investment Law in March this year. The law establishes a new framework to govern foreign investment in China and addresses a number of common concerns among overseas businesses. Critics, however, have questioned the extent to which the law addresses these issues in practice, pointing to the law’s at times broad and vague language. To make sense of the changes, this issue of China Briefing magazine offers a comprehensive analysis of China’s new Foreign Investment Law.


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China’s New IIT Rules: A Guide for Employers

Published: February 2019

China introduced the biggest changes to its individual income tax (IIT) system since at least 2011 with the passing of a new IIT law in 2018. The new law brought forward a host of changes to individual taxation in China, including by revising tax brackets, expanding deductibles, and altering residency rules for foreign workers. The quick and unclear rollout has left individuals and businesses scrambling to make sense of the changes. To help foreign investors and taxpayers understand the ins and outs of the updates, this issue of China Briefing offers a comprehensive guide to China’s IIT reforms.


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Annual Audit and Compliance in China

Published: December 2018

The start of a new year tends to be a hectic time for foreign companies in China. During this period, businesses must also begin to prepare their annual statutory audit – if they have not started to do so already. The answer to limiting exposure to these risks is internal control. In this issue of China Briefing magazine, we walk foreign businesses through the annual audit and compliance process from start to finish. We begin by answering the common questions that foreign investors ask about annual audit in China, before offering a comprehensive step-by-step guide to completing the process. Finally, we offer six recommendations for businesses to better conduct annual audit and make the most out of the opportunity.


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Relocating Your China Business

Published: November 2018

Faced with heightened geopolitical risks, and rising land and labor costs, many foreign investors are looking to restructure their China-based businesses. Restructuring and relocation plans, however, are being expressed in different ways, depending on the nature and needs of the business. In this issue of China Briefing magazine, we walk foreign investors through the process of relocating their China businesses.


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How to Repatriate Profits from China

Published: October 2018

Repatriating profits from China has long been a complicated and challenging issue for foreign businesses with subsidiaries in the country. China has a notoriously strict system of foreign exchange controls, which tightly restrict the flow of capital into and out of the Middle Kingdom – creating a headache for foreign investors looking to remit profits overseas. In this edition of China Briefing magazine, we offer foreign investors a guide to managing the repatriation process.


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HR Management Tools for China

Published: July 2018

Rapidly rising labor costs are almost universally considered one of the biggest challenges of doing business in China. In this issue of China Briefing magazine, we take a closer look at these labor-related issues in China. We begin by comparing labor costs across China, and look at ways foreign investors can optimize expenses. Then, we explain how to create an HR strategy for relocating a business in China. Next, we look at why businesses are beginning to automate HR and payroll processing, before considering at what stage businesses should adopt ERP systems.



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