China’s newest food scandal exposes the complex workings of brand reputation in China and the economic and political forces bearing upon it.
Provisions clarifying the tax liabilities in China for foreign transportation service providers doing business with Chinese charterers are due to come into effect on August 1, 2014.
As low-cost production moves away from China, and other Asian nations become efficient at mass manufacturing, healthy economic growth require that China create higher-skilled manufacturing jobs, become more innovative and develop high-tech production.
China has announced a package of tax incentives designed to bolster its domestic film industry, including a five-year tax exemption on income derived from the distribution of Chinese films to rural areas and related copyright transfers. The Ministry of Finance said that the measures would enhance the overall strength and competitiveness of China’s domestic film industry.
There has been much commentary made over the state of China’s expatriate market recently, with suggestions that it is shrinking. On the contrary, China’s expat community isn’t shrinking, but rather evolving to meet the new demands of China’s increasingly consumer-driven market.