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Showing posts with the label Business in China

Shining a Light on Belt and Road Opportunities

Hong Kong hosted the inaugural Belt and Road Summit to explore business opportunities arising from China’s far-reaching development strategy. From top government officials to investors, project owners and services professionals, more than 2,400 participants attended the most authoritative conference to date on China’s Belt and Road Initiative, which covers more than 60 countries spanning Asia, Europe, the Middle East and Africa. The inaugural Belt and Road Summit, held 18 May at the Hong Kong Convention and Exhibition Centre, featured more than 20 senior government ministers from countries along the Belt and Road, as well as business leaders from Hong Kong, the Chinese mainland, ASEAN and other regions, to discuss how to turn the strategy into reality. Zhang Dejiang, Member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, and Chairman of the Standing Committee of the National People’s Congress of the People’s Repub

8 Key Trends That Will Shape Doing Business in China in 2016

China changed a lot more than usual in 2015, and that bodes for a lot of change happening in 2016 as well. China’s economy is slowing and President Xi Jinping has consolidated his power, and both of these things will drive big changes in 2016. The below are the eight key trends my firm’s China lawyers see gaining ground in China in 2016. 8 key China trends that will impact doing business in China in 2016 1. China will increasingly crack down on foreign companies doing business in China (per China’s definition) without paying China taxes. China will especially step up enforcement against American and European companies that operate in China solely via a Hong Kong entity. See  China’s Tax Authorities Want You . 2. The idea that  Chinese companies  and  Chinese employees  do not sue was never true and it is becoming less true every year. Chinese companies are getting aggressive in suing their foreign counterparts both within and outside China. If you  walk away from your