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.

How to Choose the Right Accounting Firm in Hong Kong: A Guide for Foreign Investors and SMEs

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A practical guide to selecting an accounting and audit firm in Hong Kong, covering \ firm tiers, typical fees, and how to match a provider to your business.

Ctrip Fined RMB 10 Million for Illegally Exporting Personal Data – Lessons for Foreign Companies 

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The fine marks the largest penalty for illegal export of personal information issued to date. We break down what happened, why the fine was so severe, and how foreign companies can avoid making the same mistake.

EU Forced Labour Regulation: What FIEs in China Need to Know

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The EU’s new forced labour regulation guidelines widen scrutiny of supply chains. Learn what FIEs in China should do to prepare.

Why Hong Kong Bank Account Applications Are Rejected (Part 2): Preparing a Successful Application

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Hong Kong banks reject account applications for a recurring set of reasons – documentation gaps, unverifiable funds, high-risk business models, and weak regional ties. In Part 2 of this two-part series, we set out the documentation banks expect, compare traditional banks, digital banks, and fintech platforms on onboarding and timelines, and outline the practical avenues available to businesses after a refusal.

China’s GDP Expands 4.7% in H1 2026: How to Read It

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China’s economy grew 4.7% in H1 2026. Explore key trends in GDP, manufacturing, consumption, trade, and opportunities for foreign investors.

How to Deregister a Company in China: A Guide for Foreign Investors

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Knowing how to deregister a company in China is essential for any foreign investor planning an orderly exit, as the process runs through dissolution, liquidation, and final cancellation across several government agencies.

Why Hong Kong Bank Account Applications Are Rejected (Part 1): Risk Factors and the 2026 Tightening

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Why Hong Kong banks reject account applications: AML rules, risk factors, and the 2026 tightening on mainland investor accounts. Part 1 of a two-part series.

5 Common Mistakes Foreign SMEs Make When Entering the Chinese Market 

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From choosing the wrong corporate structure to underestimating IP risks, we outline five common mistakes foreign SMEs make when entering the Chinese market – and how to avoid them. 

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