Category: Policy & Regulations

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

Antitrust Division Focuses Enforcement Efforts on Individuals Behind International Cartels

The Antitrust Division of the US Department of Justice (DOJ) is vigorously pursuing civil and criminal actions against individuals—not simply the companies they run. The issues raised by the DOJ’s enhanced enforcement directive aimed at individual culpability is perhaps most...

Mapping the Rise of China’s Commercial Drone Industry

Drones are a young and multifaceted industry that have only recently begun to show their true potential. In China, drones are now being used to change the business landscape and alter how companies conduct their operations in a wide variety...

/ March 15, 2017

Seizing Opportunities in China’s Cold Chain Logistics

Cold chain logistics form the foundation to supply perishable products—fresh fruits and vegetables, meat, dairy, aquaculture products, fresh flowers—and medical products—drugs, reagents, vaccines, biological products—that have strict temperature, humidity, and other environmental requirements.

/ March 13, 2017

Encouraging Regional Trade Following US Withdrawal from TPP

With the TPP’s future uncertain as a result of the withdrawal of the United States, its largest member, and with the Regional Comprehensive Economic Partnership (RCEP) negotiations entering their fifth year, Asia’s trade landscape is at a critical juncture. In...

Understanding China’s Tax Offenders Blacklist System

On April 16, 2016, China’s State Administration of Taxation (SAT) published amended measures to what is known as the blacklist system against tax illegalities. The amended measures, which came into effect on June 1, 2016, add a credit repair mechanism...

/ March 6, 2017