Business updates and special topic events, specially curated for global foreign investors in...

December 13, 2023

13 December 2023	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

CHINA EDITION


TOP STORIES THIS WEEK:


Annual Compliance Requirements in China: A Step by Step Guide

Foreign investors, including Representative Offices, are required to go through China’s annual compliance procedures starting after the end of the fiscal year on December 31. Failing to carry out...


China’s Medical Beauty Industry: Challenges, Trends, and Opportunities

China’s medical beauty market has emerged as a standout sector amid global economic challenges, exhibiting remarkable growth and resilience. Fueled by capital influx and a well-defined value chain,...


UK 2023 Investments into China – Data Analysis on Deals, Values, M&A, and Investments

With a reshuffle in the British Government and ex-Prime Minister – and generally pro-China politician David Cameron – now as the UK’s Foreign Minister, there have been early signs of a potential...


How to Apply for the GBA IIT Subsidy in Dongguan City

Dongguan has set the deadline for applying to the Greater Bay Area Individual Income Tax Subsidy (GBA IIT subsidy) for tax years 2020-2022. Dongguan’s GBA IIT subsidy applications will be accepted...


Thailand and Hong Kong Launch Cross-Border QR Payments

On December 4, Thailand’s central bank and the Hong Kong Monetary Authority launched a new cross-border QR payment link enabling travelers from Thailand and Hong Kong to make retail payments...


Saudi Arabia’s Sovereign Wealth Fund Injects New Capital Into China’s Middle East Development

Saudi Arabia’s Public Investment Fund (PIF), part of its Sovereign Wealth Fund, has injected fresh capital into eWTP Arabia Capital (eWTPA), a Riyadh-based venture firm focused on Chinese business...


China, Belarus Pledge Eurasian and Trade Development Cooperation

On the eve of new negotiations in Beijing, Belarus First Deputy Prime Minister, Nikolai Snopkov, stated announced that the economic impact of the agreements reached at the previous summit this year...


China and Asia Gear Up for Russia’s Northern Sea Route Supply Chain

With the Suez now considered a risk, and EU gas supplies dead, Asia is intent on taking up the lion’s share of Russia’s gas and supply chain volumes. The Northern Sea Route (NSR) cuts 8,000 km off...


Italy Withdraws from the Belt & Road Initiative: The Background & Future Developments

A change of government in Italy has led to the county – the only EU member to have signed up to the BRI – to withdraw its commitment to the BRI. In 2019, the previous government was excited about...

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COMPLIMENTARY CHINA PDF DOWNLOADS & RECENT ARTICLES OF NOTE:


China 2024 FDI Trends – New Report from Dezan Shira & Associates


A Guide to Accounting and Audit in China 2024 – New Publication from China Briefing


Making Outbound Payments from China to Overseas Headquarters: Challenges and Common Risks


Cross-Border Dispute Resolution in China – New Issue of China Briefing Magazine


Registered Capital in China: A Comprehensive Guide for Foreign Businesses


China’s Outbound Investment: Recent Developments, Opportunities, and Challenges


Identifying Opportunities Within the Belt & Road Initiative

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UPCOMING EVENTS FOR ASIA:


Year-End Review: Unwrapping US Trade Policy in Asia in 2023

Webinar \| December 13, 2023 \| 9:00 AM PST / 12:00 PM EST


21st Annual B2B Marketing Chief Congress 2024

Congress \| January 24-26, 2024 \| Shanghai, China


Business of IP Asia Forum

Forum \| December 7-8, 2023 \| Hong Kong

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