The EU’s investment screening policy has been updated and encourages member states to vet investments with greater scrutiny in sectors deemed sensitive.
Companies in Beijing and Shanghai will no longer require a permit from the People’s Bank of China for opening a basic and temporary corporate bank account in China.
China has reduced the CIT rate to 15% for enterprises engaged in pollution prevention and control like waste management or pollution monitoring.
We ask if Brexit has indeed spurred Chinese investments into the UK as opposed to most forecasts.
China is liberalizing market access and has already reduced import tariffs.
In this week’s China Outbound, we look at German FDI in the Philippines and Singapore, calculating income tax in India, and industrial zones in Vietnam.
Revisions to the Trademark Law, Anti-Unfair Competition Law, and Administrative Licensing Law will strengthen intellectual property safeguards for businesses in China.
China will grant subsidies linked to individual income tax to overseas ‘high-end’ and ‘urgently-needed’ talents working in the Greater Bay Area.