China Briefing News

We cover the latest economy and trade, legal and tax updates, industry insights, and HR and payroll news that are most relevant to doing business in China. Here are our top China news summaries.

Shanghai and Beijing Take Crucial Step in Liberalizing Cross-Border Capital Transfer


Beijing and Shanghai are set to liberalize the inflow and outflow of foreign capital for foreign companies and employees.

China Releases Three-Year Action Plan for Metaverse Industry Development


China unveiled a new metaverse action plan aimed at boosting economic growth, job creation, and innovation through intelligence technologies. We’ll explore the plan’s key points and its potential impact on China’s economy and businesses.

US-China Relations in the Biden Era: A Timeline


Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

China Reopening After COVID: Latest Developments and Business Advisory


Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure during COVID-19.

Germany’s H1 2023 FDI in China Remains Strong Despite “De-Risking” Strategy


German FDI in China was near record levels in H1 2023, but bilateral trade fell. What does the data tell us about the future of China-Germany trade and investment relations?

China Simplifies Visa Application Process to Attract Foreign Travelers and Facilitate Opening-Up


The simplification of China’s visa application process is poised to ease business travel and boost prospects for tourism, commerce, and allied sectors, all of which have lagged in the post-pandemic recovery period. We explain the changes to the visa process announced September 20, 2023.

Challenges and Solutions for European Businesses in China: Insights From the EU Chamber’s Position Paper 2023/2024


The Position Paper makes several recommendations for policymakers to address the challenges identified and possible solutions. Regardless of the shifts in perspectives, European businesses remain invested in the China growth story and are keen to be able to play a role in the evolving market landscape.

New Version of Foreign Permanent Resident ID Card to be Issued in China Starting December 1, 2023


China’s National Immigration Administration unveiled an upgraded Foreign Permanent Resident ID Card, effective from December 1, 2023, with design improvements and enhanced functionality. We explain the key changes in the new Foreign Permanent Resident ID Card and benefits for applicants.

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