Our collection of resources based on what we have learned on the ground
Resources
Q&A
How does a value-added tax differ from a sales tax?
- July 2014
- Free Access
A value- added tax (VAT) occurs multiply times throughout a product’s or service’s supply chain. Unlike a sales tax which is imposed on the end buyer, whenever goods or supplies change hands a tax is placed on the value added by each part...
Q&A
What does the Foreign Corrupt Practices Act mean to US investors?
- July 2014
- Free Access
The Foreign Corrupt Practices Act, or FCPA, is a federal law prohibiting U.S companies from bribing foreign government officials for business contracts or similar motives. American firms need to be aware of their interactions with entities partially...
infographic
Comparison between China wages with other Asian countries
- July 2014
- Free Access
This infographic details the different amount of minimum wage across countries in Asia and draws comparisons with China.
infographic
Flow chart of change of business scope of Chinese company
- July 2014
- Free Access
This infographic details the steps that need to be taken when changing the business scope of a company.
Q&A
What are the challenges of China?s rising manufacturing costs for companies?
- July 2014
- Free Access
In China’s rush to wean itself from an export-driven economy and into a consumer-based economy, it is State policy to place more money in the hands of Chinese nationals. This means that China has a specific agenda of raising workers’ sala...
Q&A
How are wages determined in China?
- July 2014
- Free Access
Wage standards in China are set for individual cities, provinces and other administrative units by their respective local governments, rather than on a nationwide basis. As of June 2014, wages has been hiked in eleven areas – Beijing, Chongq...
Q&A
What does the China-ASEAN free trade agreement (FTA) entail?
- July 2014
- Free Access
The China-ASEAN FTA was signed off in 2002 and came into effect more than three years ago. It offers a way out by allowing companies to reposition manufacturing to other low cost areas of Asia, yet still be able to service the China market via the du...
Q&A
With manufacturing costs going up in China, what strategies can China-based manu...
- July 2014
- Free Access
As low-cost production is moving away from China and into other Asian nations that are becoming as efficient as mass manufacturing, healthy economic growth requires that China creates higher-skilled manufacturing jobs, becomes more innovative and dev...
Q&A
Can existing wholly foreign-owned enterprises (WFOEs) engage in distribution in ...
- July 2014
- Free Access
To engage in distribution, an existing manufacturing WFOE will need to expand its business scope. Adding distribution into its business scope means that the WFOE will be able to import goods to China to sell directly, either in wholesale or retail; a...
Q&A
How can an existing manufacturing wholly foreign-owned enterprise (WFOE) in Chin...
- July 2014
- Free Access
To expand the business scope of a WFOE in China, it should amend its articles of association, fill out the relevant application forms, and submit them in accordance with the legal procedures for expanding an enterprise’s business scope. The ...
Q&A
What does the Revised Environmental Protection Law in China entail?
- July 2014
- Free Access
On April 22, 2014, the Standing Committee of the National People’s Congress passed a revision to the 1989 Environmental Protection Law. The Revised Law, which contains 70 articles in comparison to only 46 in its predecessor, will take effect on...
Q&A
Does the Revised Environmental Protection Law in China contain heavier punishmen...
- July 2014
- Free Access
Overall, the Revised Law establishes heavier punishments for pollution enterprises and government officials connected to pollution incidents. All parties involved in conducting fraudulent or environmentally damaging activities will bear joint liabili...
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