China's economy in October 2024 showed mixed signals, with retail sales surging 4.8 percent and exports rising sharply, while industrial output slowed, and the property sector remained weak.
China, a key market for luxury goods, is driven by a growing middle class and affluent consumers. However, economic uncertainties and shifting trends require brands to adapt strategically.
This article explores the impact of tax digitalization on businesses in China, emphasizing the evolving dynamics of tax risk management, particularly regarding data supervision.
China will implement new regulations on the export control of dual-use items starting December 1, 2024, aiming to enhance national security and align with international standards.
Inner Mongolia's new minimum wage standards will take effect on December 1, 2024, which surpasses the RMB 2,000 (US$275) mark.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
China Briefing has developed into a premium source for insight on doing business in China. It publishes business news concerning foreign direct investment into China, including the most important tax, legal and accounting issues. The China Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in China.
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