China Prepares for Final Transition from Business Tax to VAT

22 April 2016
As the China business tax transition to value-added tax reforms are fully implemented beginning 1 May 2016, Premier Li Keqiang made the rounds in Beijing last week to drum up support among regional officials. Business tax has been a steady source of revenue for local governments for many years, and the switch to VAT means […]
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Chinese-Australian Free Trade Agreement (ChAFTA)

15 September 2015
On June 17 2015, the Chinese-Australian Free Trade Agreement (ChAFTA) was signed to promote the growth of Sino-Australian trade, which accumulated a total trade revenue of around $AUD160 billion in 2013-2014. The deal also implements a new set of trade regulations, providing better access for a myriad of Australian originated products in the Chinese market, […]
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Foreign Investment Opportunities Continue Despite China’s Economic Downturn

7 September 2015
Our firm recently received many queries from business contacts in Europe and the US: is the Chinese miracle over? China’s stock-market has crashed, and the whole world is now concerned about economic growth in China. What kind of impact are we noticing? Does China still offer sufficient opportunity for foreign investors to develop their business? […]
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Circular on Local Incentives

25 August 2015
Introduction of Circular In the past few years, local governments have actively introduced more and more incentives to attract foreign investors to their locality. Incentive-shopping by foreign investors has become a popular practice, and one result has been that local governments have seen their local part of the tax revenues from a lot of local […]
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China Further Welcomes Foreign Investment

24 July 2015
China’s gradual opening up to foreign investment has been a key factor in the successful development of China’s economy. However, some industrial sectors remain closed to foreign investment. With the economy maturing and growth slowing (to around 7% in 2015), the further opening of various industrial sectors to foreign investment is a clear sign of […]
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Due Diligence the Chinese Way

28 June 2015
The article below is based on a weblog from the same author for the Dutch website MandA.nl When I open the door of our conference room, I meet the counterparty for the first time – an older American gentleman and his Chinese (female) business partner. He has built a very successful global business, and has […]
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Trend: Taking Control of Distribution in China

26 June 2015
In international media, one of the leading economic stories in recent years has been the slowing growth of the Chinese economy. Indeed, China's GDP officially grew by only 7.4% in 2014, slipping from 7.7% in 2013. However, this is not making China less interesting as a target for international business. Heavy industries may be suffering, […]
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Revolutionizing Foreign Investment in China

24 June 2015
Since the early 1990s, welcoming foreign investment has been one of the cornerstones for China's economic development, while at the same time foreign investors have continued to be subjected to stricter rules and procedures than their domestic counterparts.
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Legal challenges to online and offline retail in China

13 October 2014
[This article (here) was written for and first published by the Journal of European Union Chamber of Commerce in China]  China’s huge consumer market is now attracting more and more foreign companies to take control of their distribution and manage their own retail sales. China has historically been an ideal destination for outsourcing manufacturing operations. Rogier van Bijnen and Maarten Roos of R&P […]
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Foreign Companies Fall Victim to Fraud in China

20 May 2014
To: Managers and financial staff of companies doing business in China or with Chinese counterparts Fraud is not new to China, but over the past year we have been approached by several companies who were each defrauded in a similar way, via seemingly legitimate payment instructions that later proved to have been arranged by email […]
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