New regulations offer clarity on the administration of foreign representative offices; however, this investment vehicle may no longer be an optimal arrangement for some overseas companies wishing to enter the Chinese market
Over the past two years, China has issued numerous policies and programmes to internationalise the yuan. From the proposed Shanghai international bourse to the launch of the Mini-QFII scheme this year, it's clear that China's intent is to bring her currency to the centre of the world stage and align it with the country's growing influence in global trade and finance
The manufacture and export of clean energy technologies continues to rise; and further challenges await foreign competitors in 2011 in the services and financing sectors
As this year draws to a close, we look forward to 2011 and the new goals the Central Committee has put forth in the draft of its 12th Five Year Plan. These…
With labour reform a conspicuous theme this year in China, companies operating in the PRC should keep a constant eye on shifting policies and re-visit the employment process from beginning to end to ensure compliance
It's been a busy year for tax authorities in 2010 and next year will be no different. Foreign companies are no longer privy to preferential tax treatments and non-resident enterprises can expect tightening on indirect equity transfers, treaty benefits and transfer pricing audits
Foreign investors remain concerned about China's indigenous innovation policies, especially since promoting strategic emerging domestic industries is likely to be a key focus of the country's next Five-Year Plan