On December 31, 2025, Trump signed a proclamation delaying the increase in tariffs on upholstered furniture, kitchen cabinets, and vanities for another year.
China is accelerating the build‑out of its biomanufacturing ecosystem, creating expanding opportunities across upstream, mid‑stream, and downstream segments. Companies that focus on key clusters and proactively manage compliance will be best positioned to benefit.
Shenzhen has opened applications for the 2026 GBA IIT subsidy program. High-end foreign talent have until March 31 to apply for a rebate on the portion of IIT paid in excess of 15 percent of their taxable income.
The CAC now requires companies processing the personal information of minors in China to submit audit materials by January 31, 2026. Businesses must act quickly to comply with filing obligations.
Hong Kong’s 2026 holiday schedule features 15 statutory holidays and 17 general holidays, reflecting the city’s dual‑holiday framework. Employers should plan ahead to manage staffing needs, compliance obligations, and peak‑period operational demands.
November 24 has been officially designated as Vietnam Culture Day and recognized as an annual public holiday.
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