China announced the lifting of the tariffs imposed on Australia wine imports, marking a significant turning point in China-Australia trade relations after years of tension. We look at the significance and implications of this decision.
China FM Wang Yi's visit to New Zealand and Australia underscores efforts to strengthen economic ties and address differences.
China has issued the 2024 version of its Green Industry Catalogue, a key reference document for government entities and departments to devise supportive policies for the advancement of green sectors in the country. We provide key details.
When an individual or organization in China makes a single outbound payment to overseas entities that exceeds the equivalent of US$50,000, the payer must complete tax filing for outbound payments with the local branch of the STA, with limited exceptions.
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Sign Up NowChina announced the lifting of the tariffs imposed on Australia wine imports, marking a significant turning point in China-Australia trade relations after years of tension. We look at the significance and implications of this decision.
China FM Wang Yi's visit to New Zealand and Australia underscores efforts to strengthen economic ties and address differences.
January and February economic indicators show a strong start to China's economy in 2024, with growth in industrial output and recovery in foreign trade.
China's legislature has released a new action plan outlining measures to boost foreign investment in the country.
The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
The peaking season for the Annual Employer’s Return filing in Hong Kong is approaching. Hong Kong employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.
When an individual or organization in China makes a single outbound payment to overseas entities that exceeds the equivalent of US$50,000, the payer must complete tax filing for outbound payments with the local branch of the STA, with limited exceptions.
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in February 2024. These initiatives aim to clarify tax compliance, support businesses, promote headquarters, expand market access, and attract talent.
The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.
Under new rules on foreign-sourced income exemption, MNEs that don't meet certain substance requirements may be taxed on some types of income derived overseas.
Shanghai issued New Guidelines for cosmetics advertising, which cover aspects such as product classification, efficacy claims, and endorsement activities. We present key highlights.
China has issued the 2024 version of its Green Industry Catalogue, a key reference document for government entities and departments to devise supportive policies for the advancement of green sectors in the country. We provide key details.
Nre regulations from China's cybersecurity regulator significantly facilitate cross-border data transfer processes for foreign companies by lowering compliance burdens.
Companies in China must conduct a personal information protection impact assessment to handle certain types of data and carry out certain transactions.
China's three stock exchanges have respectively issued their ESG reporting guidelines for certain types of listed companies starting 2026. We provide the details.
The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
The dairy industry in China has grown to become the second largest in the world, presenting a myriad of new opportunities for investors.
China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
The peaking season for the Annual Employer’s Return filing in Hong Kong is approaching. Hong Kong employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.
China has made strides in facilitating the hiring of more women in the workforce, although gender discrimination challenges persist.
China has decided to expand its 15-day visa-free travel policy to six additional European countries on a trial basis, during the period between March 14 and November 30, 2024.
With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.
Nre regulations from China's cybersecurity regulator significantly facilitate cross-border data transfer processes for foreign companies by lowering compliance burdens.
Companies in China must conduct a personal information protection impact assessment to handle certain types of data and carry out certain transactions.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
Companies collecting, processing, and transferring sensitive personal information in China must comply with strict requirements for user consent and data protection.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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