Asia Transfer Pricing Brief: Q4 2023
In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.
GDP Expands 5.2% in 2023 – Analyzing China’s Key Economic Indicators
China’s GDP in 2023 beat targets thanks to strong performance in industrial and service sectors. We look at China’s 2023 economic indicators and discuss the country’s economic trajectory.
Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code
We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.
China‘s GDP Expanded by 5.2% in 2023: NBS
China’s gross domestic product expanded by 5.2 percent in 2023 while the population decreased 2.08 million as compared to last year.
China Extends Unilateral Visa-Free Policy to Switzerland, Announces FTA Upgrade
China announced unilateral visa-free access for Swiss citizens and the initiation of an FTA upgrade, highlighting strengthened diplomatic ties and economic collaboration between the two nations amid geopolitical complexities.
China Amends Criminal Law to Strengthen Anti-Bribery Regulation for Private Companies
China has amended its Criminal Law to toughen provisions on bribery in the private sector.
New Standard Contract Guidelines Streamline Cross-Border Personal Information Transfer in the GBA
New guidelines allow companies to sign standard contracts to transfer personal information between Hong Kong and the Chinese mainland.
China Implements Five New Measures to Ease Entry for International Travelers
Starting January 11, China’s National Immigration Administration has begun implementing new measures to streamline visa applications and reduce border inspection in order to ease entry requirements for foreign travelers.