The authorities in Shanghai announced that they plan to increase the statutory minimum wage in the commercial capital from April 1, 2018. Read more about the changes here.
China announced a sweeping restructuring of its government institutions at the ongoing Two Sessions meetings in Beijing. The government overhaul is China’s most significant institutional reform in years, with various entities either newly created, merged, restructured, or dissolved.
China will implement a “One Window, One Form” policy to simplify the foreign business registration process and reduce the hours needed to prepare forms and liaise with different bureaus.
In late 2017, Beijing announced several new temporary regulation adjustments aimed at loosening restrictions on foreign investment in the city, which are designed to further open Beijing’s service sector to international investment.
The Cybersecurity Law and its rules and regulations have attracted heated discussion since adoption. This article provides a structured summary on key aspects of the Law.
Hong Kong’s Companies (Amendment) Ordinance 2018, which introduces new requirements for registering significant controllers, will come into effect on March 1, 2018. In this article, we look at the contents of the Ordinance, and steps businesses must take to comply.
In China, companies, banks, and individuals must comply with a “closed” capital account policy. This means that money cannot be freely moved into or out of the country unless it abides by strict foreign exchange rules.
China has relaxed restrictions on foreign investment in the country’s 11 free trade zones (FTZs). In this article, we look at the changes and the implications for investing in China’s FTZs.