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 Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows

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Shanghai’s Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.

Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer

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The Tianjin Free Trade Zone has released China’s first data Negative List outlining the types of data that must undergo a security review by China’s cybersecurity bureau to be transferred out of China.

China’s New Measures to Support Foreign Investment in Sci-tech Firms

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China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.

Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies

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The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.

China’s Economy in May 2025: Cooling Industrial Output, Resilient Consumption

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China’s May 2025 economic data highlight resilient domestic consumption and strategic trade diversification as key stabilizers amid a slowing industrial sector.

China-India Economic Ties: Trade, Investment, and Opportunities

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China-India bilateral trade reached US$138.48 billion in 2024, allowing China to reclaim its position as India’s largest trading partner after a two-year gap.

Hong Kong’s First Comprehensive Cybersecurity Law: Key Requirements Under the Critical Infrastructure Protection Ordinance

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A new landmark piece of legislation seeks to to protect essential services in Hong Kong from cyber threats by requiring operators of critical infrastructure to implement robust cybersecurity measures.

Breaking Down the US-China Trade Tariffs: What’s in Effect Now?

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The current landscape of US-China tariff rates is complex, with multiple overlapping trade measures in effect. This article explains which tariffs apply in 2025 and how they intersect.

Transfer Pricing Documentation in China: Common Pitfalls and Best Practices

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With completion deadlines approaching, this article identifies common mistakes in preparing local files and special issue files and offers guidance to ensure compliance.

China Transfer Pricing Documentation Deadline: Prepare Local File and Special Issue File by June 30

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As the June 30 deadline approaches, companies in China must ensure they have prepared the required local file and special issue file for 2024 related party transactions.

China’s January-April 2025 FDI Data: Trends, Sectoral and Regional Analysis

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We analyze China’s foreign direct investment (FDI) performance in January–April 2025, with underlying trends and sectoral highlights.

US-China Relations in the Trump 2.0 Era: A Timeline

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This timeline was created on January 21, 2025, and was last updated on May 21, 2025. Most recently, US and China agreed to cut reciprocal tariff rates to 10 percent for a period of 90 days; US reduced de minimis tariff rates but costs remain high for small parcels.

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