Other Briefings
Can Employers in China Unilaterally Request Employees to Use Paid Leaves during the Period of COVID-19 Prevention and Control?
We discuss the issue using a case study and with references to existing laws and regulations.
Joining CPTPP: What China Needs to Do and Comparison with the RCEP
We examine China’s bid to join the CPTPP, the challenges it needs to overcome to gain membership, and differences between the RCEP and CPTPP agreements.
New Business Opportunities Emerging in China Under COVID-19 Outbreak
New investment opportunities are emerging in China’s online retail, education, telemedicine, pharmaceutical, and IT industries as a consequence of the Covid-19 outbreak.
Strategic Considerations when Establishing a WFOE in China, Part 2: Holding Companies & Corporate Names
In the second of a multi-part series that examines key considerations when establishing a formal presence in China, we discuss WFOE holding companies, WFOE corporate names and a WFOE’s registered address.
China Allows Companies to Settle Trade in RMB
China has just made another big step in the internationalization of its local currency Renminbi recently. Under the new regulations by People’s Bank of China, trading entities all over the world can now settle trade in RMB subject to local restrictions.
China Telecom, China Unicom Face Anti-Monopoly Probe
By Vivian Ni Nov. 10 – China’s National Development and Reform Commission (NDRC) is investigating China Telecom and China Unicom – two of the country’s major telecommunications operators – over suspected monopoly in the broadband internet market. The government’s unusual anti-monopoly probe into its state-owned enterprises may lead to support for bringing in more effective […]
The United States: A New China Alternative?
By Vivian Ni Nov. 3 – China is gradually shifting away from its position as the world’s default production base for manufacturers. In this country, factor costs are surging and government incentives for foreign investors are diminishing, forcing more and more companies to seek new and attractive destinations where they can relocate their factories. While […]
Hong Kong and U.S. Sign Mutual Recognition Agreement for CPAs
By Vivian Ni Oct. 28 – The Hong Kong Institute of Certified Public Accountants (HKICPA) and its U.S. counterpart recently struck a mutual recognition agreement (MRA), which enables both sides to recognize the accounting qualifications obtained in each other’s jurisdiction. The move is believed to be a great stride in advancing the reciprocity of CPAs […]
