China Briefing News

Common Errors in Accounting, Tax, Forex Management of FIEs in China

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Foreign invested enterprises in China should note these common errors to optimize their internal finance processes and get the most out of their annual audit.

China Reforms Foreign Exchange Administration for Trade in Goods

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To better facilitate trade and further enhance the foreign exchange services and administration of trade in goods, China released an announcement concerning the reform of the forex administration system for trade in goods on June 29, which is scheduled to take effect on August 1, 2012.

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