Category: Politics

China Announces Sweeping Overhaul of Government Institutions

The government overhaul is China’s most significant institutional reform in years, with various entities either newly created, merged, restructured, or dissolved.

Will ISO Standards Transform Compliance in China?

As China pushes forward with its national anti-corruption campaign, companies are considering standards released by the International Standards Organization (ISO) to improve anti-bribery and corporate compliance programs.

China 2017: Year in Review

2017 was Xi Jinping’s year. At the end of his first term, he swept away any opposition from within the Communist Party of China and successfully sealed his legacy by enshrining his ‘Xi Jinping thought’ into party canon. He also...

/ February 21, 2018

China Eases Foreign Investment Restrictions in Free Trade Zones

China has relaxed restrictions on foreign investment in the country’s 11 free trade zones (FTZs), per a decision released by the State Council, China’s cabinet, on January 9.

/ February 14, 2018

Withholding Tax Deferral for Foreign Investment in China

On December 21, 2017, authorities clarified the criteria for withholding tax (WHT) deferral treatment on dividends for foreign investment in encouraged sectors in China. The Notice Regarding the Provisional Deferral Treatment for Withholding Tax on Distributed Profits used for Direct...

USCBC Gala 2017

USCBC Gala 2017 was held on Wednesday, December 6 at the Omni Shoreham Washington. More than 460 leaders from the business, government, diplomatic, and think tank communities were in attendance. China’s top envoy to Washington, DC, His Excellency Cui Tiankai,...

/ December 8, 2017

How to Protect Your Business from Trademark Squatters in China

Trademark squatting is a form of intellectual property rights (IPR) infringement that is especially rampant in China. US firms are typically more vulnerable to trademark squatting in China because unlike the US, China follows the ‘first to file’ system rather...

/ November 17, 2017

Is China Really Opening Its Doors to Foreign Investment?

On January 17, 2017, the State Council issued a circular on a new foreign direct investment policy to open up China’s economic system. At first glance, it would appear that this policy is a reaction to the slowdown in China’s...

/ November 8, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017

China Work Visa: Unified Work Permit Benefits Foreigners

In an effort to attract more foreign talents, the State Administration of Foreign Experts Affairs (SAFEA) has quickened reform to make it easier for foreigners to apply for China’s work visa. Effective on April 1, 2017, the SAFEA rolled out...