Category: Society

Healthcare Series Part 2: New Bidding and Tendering Law Promising for Healthcare Companies, If Implemented

Chinese regulations on tendering and bidding practices published by the Ministry of Finance (MOF) in July are a promising sign for US pharmaceutical and medical device manufacturers that government procurement behavior will be better regulated to guarantee consideration of quality...

/ November 22, 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...

LGBTQ+ in the Chinese Workplace: Fostering an Inclusive Environment

As awareness of LGBTQ+ issues in China rises, employers are facing newfound scrutiny over their treatment of sexual minorities. Employers have the opportunity to establish safe work environments for LGBTQ+ employees, and become leaders in China’s changing social climate. Doing...

/ August 23, 2017

One Belt One Road Initiative: Its Meaning and Significance

The “One Belt One Road” (OBOR) initiative, first announced in 2013 by Chinese President Xi Jinping, is an extremely ambitious and far-reaching initiative with significant potential to improve the social and economic structure in Asia, Europe, and northeastern Africa, where...

/ August 16, 2017

Asian Female Senior Execs in Multinational Firms Confined to Regional Roles

As the shortage in the Asian executive talent pipeline continues to pose a major business challenge for multinational companies, a majority of female Asian leaders at multinational corporations feel trapped in regional roles, according to a new study by Heidrick...

/ June 28, 2017

Changing Tastes: China’s Imported Wine Industry

China’s taste for wine is growing rapidly. A number of opportunities are presented for both online and offline wine importers. The supply and demand side trends, as well as key considerations for the differing distribution channels and challenges in the...

/ June 21, 2017

Securing Employees’ Financial Futures

Asian economies are grappling with ageing populations, which place government finances under strain while putting pressure on individual savings as an additional source of income in retirement. The impact is felt more in developed countries, which are at a more...

/ June 14, 2017

Beijing to New York: A Building Challenge

The United States long ago ceded the title of world’s tallest building to Asia and the Middle East. Seven of the top 10 tallest completed buildings in the world are now in Asia, according to the Council on Tall Buildings...

/ June 12, 2017

A “Win-Win”: China’s Leadership in Green Finance

Calling something a ‘win-win’ is one of Beijing’s favorite phrases, and whether it is derided as a slogan for China’s external relations or is explained as a core principle in China’s foreign policy approach, there is no doubt that it...

/ May 29, 2017

China’s New Environmental Protection Tax Law

In December 2016, the National People’s Congress promulgated China’s first Environmental Protection Tax Law (the EPT Law), replacing the existing Pollutant Discharge Fees (PDF) system in a bid to strengthen the enforcement of environmental regulations. Given the EPT Law’s impact...

/ May 24, 2017