Category: Policy & Regulations

Trade Union Law and Collective Bargaining in China

Industrial action in China entered uncharted territory last year. Labor unrest was previously confined for the most part to the manufacturing and construction sectors – the traditional linchpins of China’s growth. In 2016, however, it spread into the retail and...

/ April 21, 2017

China’s RMB Exchange Rate Issue Needs Objectivity

On February 24, hours after his new Secretary of Treasury, Steven Mnuchin, pledged a more methodical approach to analyzing China’s foreign exchange policy, US President Donald Trump publicly criticized China, labeling the Chinese as the "grand champions" of currency manipulation.

/ April 19, 2017

The Pulse of China’s Healthcare

The Chinese healthcare sector, which accounted for 6 percent of the country’s GDP in 2016, is expected to capture a 10 percent share in the coming years. Racing to establish a modern system of coverage, services, and products to accommodate...

/ April 12, 2017

Closing Shop on China’s e-Commerce Platforms

It is old news that the Chinese market is highly competitive and unlike any other in the world. Products that sell in London are not guaranteed to sell in China. The rainbow-lensed promises of e-commerce seem to be an easy...

/ April 10, 2017

Navigating the Haze of Environmental Compliance

Costs of complying with China’s environmental protection laws are rising as companies operating there face higher compliance costs, more frequent inspections, and a swath of new laws and regulations on emissions. Already held to high expectations of energy efficiency and...

/ April 7, 2017

Far from a Done Deal

Recently, the Committee on Foreign Investment in the United States (CFIUS) has been thrust into the limelight with a spate of high-profile deals. An inter-agency committee of the US government, CFIUS has the authority to review, for national security reasons,...

Two Sessions: Consolidating the “Core” While Slow-walking Reforms

The recent two sessions of China’s legislature and advisory bodies were resplendent with “core of the core” choreography ensuring everybody was in lock-step with President Xi Jinping, the leader of the Chinese Communist Party, and with the party, the authority...

/ March 31, 2017

Preventing Insolvency: How to Plan Cash Flow and Financing of a WFOE in China

Forecasting the financial performance of a proposed business and accurately assessing the investment required to launch operations is always a complex affair. In China, where foreign currency restrictions significantly complicate cross-border transactions, the strategic planning of funding foreign-invested entities (FIEs)...

/ March 29, 2017

Open Sesame: China Announces Further Opening of the Economy

China’s State Council has issued a circular of the government’s intentions to further open the economy and boost foreign investment. The circular is part of the effort to build China’s so-called “new open economic system,” with measures focused on streamlining...

/ March 24, 2017

Global Protectionism will not Stymie Chinese Deal-Making

Chinese companies collectively spent nearly $200 billion buying their foreign counterparts in the first nine months of 2016, with an additional increase in spending expected in the final quarter of the year. China’s historical emphasis on resources has been replaced...

/ March 20, 2017