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30 марта, 13:26

Why People Don’t Trust China’s Official Statistics

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Liaoning provinces' fabricated GDP statistics scandal was the first time that the Chinese government has publicly recognized forged economic data. Here, we explore why official economic data is not always representative of reality, and how China is trending towards using quality indicators as opposed to the GDP gauge. The post Why People Don’t Trust China’s Official Statistics appeared first on China Briefing News.

29 марта, 10:30

Calculating Taxes and Duties for Import into China

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For foreign trading companies engaged in the business of selling (or import) to China, it is wise to be fully clear about the relevant tax issues before rushing into any sales contracts. The amount of import taxes and who would ultimately be liable for those taxes largely depends on how the sales contract is concluded between the foreign seller and the Chinese buyer. The post Calculating Taxes and Duties for Import into China appeared first on China Briefing News.

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29 марта, 10:23

Dezan Shira’s 25 Year History of Handling British Business in Asia – An Interview with Chris Devonshire-Ellis

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Dezan Shira & Associates has 25 years of professional experience in Asia, and has serviced numerous British clients. In this interview, we talk to Dezan Shira & Associates Founding Partner and Chairman Chris Devonshire-Ellis. The post Dezan Shira’s 25 Year History of Handling British Business in Asia – An Interview with Chris Devonshire-Ellis appeared first on China Briefing News.

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28 марта, 13:45

Labor Markets in China’s Tech Cities: Shenzhen, Beijing, and Hangzhou

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China's Beijing, Hangzhou, and Shenzhen are leading the way in tech innovation; however, competition to become “the Silicon Valley of Asia” is stiff. In this article, we explore the minimum and average wages in these cities, and examine IT wages in depth. The post Labor Markets in China’s Tech Cities: Shenzhen, Beijing, and Hangzhou appeared first on China Briefing News.

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27 марта, 11:52

China’s ICBC Provides RMB Clearing Services in Russia

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The Industrial & Commercial Bank of China (ICBC) has begun providing Chinese RMB clearing services in Moscow, which will ease the use of RMB as a trading currency between the two nations. The post China’s ICBC Provides RMB Clearing Services in Russia appeared first on China Briefing News.

27 марта, 11:01

China Regulatory Brief: New Five Year Work Permit, Foreign Banks Allowed to Invest in Finance

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In this week's China Regulatory Brief, we discuss China's new five year work permit for foreign employees, Beijing's special investigation of foreign entities' IIT evasion, the revised catalogue for foreign investment in China's Central and Western regions, and the opening of the finance sector to foreign-funded banks. The post China Regulatory Brief: New Five Year Work Permit, Foreign Banks Allowed to Invest in Finance appeared first on China Briefing News.

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24 марта, 12:02

City Spotlight: High-Tech Developments in Jiaxing

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Jiaxing's local government has identified 'new energy', 'new materials', and 'energy efficiency and environment protection' as the core of shifting away from heavier manufacturing. In this article, we look at the city's economy, investment trends, development zones, and the advantages of setting up operations in the city. The post City Spotlight: High-Tech Developments in Jiaxing appeared first on China Briefing News.

24 марта, 09:40

Asia Investment Brief: Trade Mark Rules in India, Setting Up an RO in Russia, and Agriculture in Vietnam

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In this week's Asia Investment Brief, we examine Thailand's automotive industry, trade mark rules in India, government plans for Indonesia's mining sector, setting up an RO in Russia, and opportunities in Vietnamese agriculture. The post Asia Investment Brief: Trade Mark Rules in India, Setting Up an RO in Russia, and Agriculture in Vietnam appeared first on China Briefing News.

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23 марта, 13:29

New Online Employment Visa Application Debuted in Shanghai

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On March 25, 2017, a new unified employment permit will be piloted in Shanghai. Replacing the previous foreign expert license and foreign expert certificate, applicants can now apply online for the new permit. The post New Online Employment Visa Application Debuted in Shanghai appeared first on China Briefing News.

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22 марта, 12:46

Hong Kong Announces Changes to Beneficial Ownership Regime

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By 2018, companies incorporated in Hong Kong may need to identify their beneficial owners and register with the Hong Kong Companies Registrars. Here, we explore the definition of beneficial owner, the implications for registering people of significant control, and present a case study to fully understand corporate structure interpretations. The post Hong Kong Announces Changes to Beneficial Ownership Regime appeared first on China Briefing News.

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21 марта, 13:35

Changing Tastes: China’s Imported Wine Industry

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638 million liters of wine were imported into China in 2016, and the country is set to come the world’s second largest wine market by 2020. In this article, we discuss China's import wine industry and the challenges different retail channels pose for foreign importers. The post Changing Tastes: China’s Imported Wine Industry appeared first on China Briefing News.

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20 марта, 12:58

China Market Watch: Marine Product Equal 9.5 Percent of GDP, Made in China 2025 Initiative Focuses on R&D

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In this week's China Market Watch, we look at how China's marine produce accounted for 9.5 percent of GDP in 2016, that the Made in China 2025 initiative should focus on improved R&D, how the online healthcare industry still needs real medical facilities, and China's second cut to domestic oil retail prices. The post China Market Watch: Marine Product Equal 9.5 Percent of GDP, Made in China 2025 Initiative Focuses on R&D appeared first on China Briefing News.