Other Briefings
China’s New Instant VAT Refund Policy: Boost to Tourism and Retail, Amid Tariff Tensions
China’s new real-time VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase, aiming to boost domestic consumption and streamline the retail-tourism experience. While promising increased spending and digital tax efficiency, successful implementation will depend on retailer compliance and infrastructure readiness.
China’s Economy Beats Expectations in Q1 2025 – Can Momentum Last?
While strong export growth helped China’s economy beat expectations in Q1 2025, the impact of US tariffs may test its resilience. We look at China’s latest economic indicators.
China’s Social Credit System Raises Stakes for Dishonest Businesses
China’s latest guidelines on strengthening the social credit system impose stricter penalties on dishonest businesses. Entities labeled as seriously dishonest face restrictions on government funding, tax breaks, and market access.
Impact of US-China Tariffs on Transfer Pricing – Considerations for MNCs
The escalating global trade war has profound implications for transfer pricing. We discuss strategies for MNCs to mitigate risk exposure.
US-China Relations in the Trump 2.0 Era: A Timeline
On April 2, 2025, President Donald Trump announced a comprehensive overhaul of US trade policy, introducing significant tariffs on imports from various countries. Chinese imports will face an additional 34 percent tariff on top of the existing 20 percent, culminating in a total tariff rate of 54 percent.
Selecting Compliant Providers: Understanding China’s 2025 Tax Service Regulations
China’s 2025 tax service regulations introduce a credit code and intelligent supervision for professional tax services. Discover how the new rules impact businesses and get practical tips for selecting compliant tax service providers.
Trump Raises Tariffs on China to 145% – Overview and Trade Implications
Trump’s latest tariff hike will place significant pressure on Chinese exporters, but has the potential to reshape global trade relations.
US Trump Tariffs: Key Implications for China’s Ultra-Fast Fashion
US Trump Tariffs, reinstated in April 2025, revoked the de minimis exemption for Chinese shipments, introducing new tariffs on small packages and bulk imports. This shift threatens China’s ultra-fast fashion sector, by raising operational costs and disrupting their business model based on low-value, high-frequency shipments.
