China’s coronavirus outbreak is impacting the global supply chain, and many firms are looking at ASEAN countries like Vietnam to partially shift operations.
New investment opportunities are emerging in China’s online retail, education, telemedicine, pharmaceutical, and IT industries as a consequence of the Covid-19 outbreak.
Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure to the uncertainties associated with the ongoing coronavirus outbreak.
China’s State Tax Administration has further extended the deadline for tax filing in February, nationwide, from February 24 to February 28, 2020. (Previously, it was extended from February 17 to February 24.)
Factories and offices in China will start opening from today – Monday, February 10 – after the extended Lunar New Year holiday due to the coronavirus outbreak. Note, there will be regional variations.
Suspected as a carrier of the coronavirus (Covid-19), pangolins are consumed as an exotic dish and their scales are used in traditional Chinese medicine.
China announces deductions, tax exemptions, and subsidies to alleviate stress on businesses in critical areas related to fighting the coronavirus outbreak.
China has rolled out preferential policies on tax, finance, social security, subsidies, and rent reduction to help SMEs affected by the coronavirus outbreak.