China Briefing News

Developing the Silver Economy – New Proposals to Cultivate China’s Elder Care Industry 


New opinions seek to develop China’s silver economy by improving social infrastructure, encouraging private sector participation, and strengthening government support for the industry.

China Removes All Safeguard Duties on New Zealand’s Dairy Products


Starting January 1, 2024, New Zealand’s dairy products gained duty-free access to China, marking the culmination of strategic tariff removal outlined in the China-New Zealand Free Trade Agreement.

US-China Relations in the Biden Era: A Timeline


Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

China to Grant Ireland Unilateral Visa-Free Treatment, Deepening Bilateral Ties


On January 17, 2024, China announced the implementation of a unilateral visa-free policy for citizens of Ireland. The news came in the wake of Chinese Premier Li Qiang’s bilateral meeting with Irish Prime Minister Leo Varadkar, and a reception hosted by Irish President Michael D. Higgins, signaling a further deepening in the diplomatic relations between the two nations.

Asia Transfer Pricing Brief: Q4 2023


In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.

GDP Expands 5.2% in 2023 – Analyzing China’s Key Economic Indicators


China’s GDP in 2023 beat targets thanks to strong performance in industrial and service sectors. We look at China’s 2023 economic indicators and discuss the country’s economic trajectory.

Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code


We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.

China‘s GDP Expanded by 5.2% in 2023: NBS


China’s gross domestic product expanded by 5.2 percent in 2023 while the population decreased 2.08 million as compared to last year.

A Guide to Minimum Wages in China (Last Updated on January 17, 2024)


Coming into 2024, the new minimum wage standards of Henan, Jiangsu, and Zhejiang took effect from January 1. Liaoning’s new minimum wage standards will come into effect on May 1.

The New Hong Kong-Mainland Reciprocal Enforcement of Judgments Regime: An Overview


We discuss the new Hong Kong-Mainland Recognition and Enforcement of Judgments (REJ) regime and assess its potential ramifications on businesses.

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