Making Outbound Payments from China to Overseas Headquarters: Challenges and Common Risks
We discuss the challenges and common mistakes associated with outbound payments from China, focusing on non-trade foreign exchange payments. Outbound payments receive close scrutiny from China’s tax and foreign exchange authorities.
China Cybersecurity and Data Protection Regulations – 2023 Recap and 2024 Outlook
How have data protection regulations developed over the past year? We summarize the latest developments and discuss the future outlook of China’s data regulations.
How to Localize Your Global ERP to China
Localized configurations are necessary when expanding your global ERP to China, either to meet local mandatory requirements or to secure optimal outcomes for your China operations.
Moving Production to Inland China – An Alternative to Reshoring
China’s vast inland region offers a compelling alternative to third country reshoring for companies seeking lower production costs.
Asia Transfer Pricing Brief: Q3 2023
In our first Asia Transfer Pricing Brief, for Q3 2023, we provide the latest transfer pricing updates from Singapore, Malaysia, and India.
China’s 72/144-Hour Visa-Free Transit Policy Expanded To 54 Countries, Norway Added
China’s 72/144-hour visa-free transit policy has been expanded to 54 countries. Norway was added to the list starting from November 17, 2023.
Xi-Biden Meeting: “Productive” Talks Lead to Increased Cooperation in Key Areas
The first in-person meeting between the two heads of state in a year led to commitments to increase cooperation on climate, AI, counternarcotics, and military affairs.
The 2023 Xi-Biden Meeting: A Summary of the Discussions and Future Trends
The high-profile meeting between China’s President Xi Jinping and US President Joe Biden in underway. This Op-ed article from Chris Devonshire-Ellis discusses the underlying issues at stake.