In H1 2024, China’s FDI fell 29.1 percent to US$69.93 billion, but new foreign-invested enterprises rose 14.2 percent, with Germany and Singapore boosting investments in high-tech and green sectors.
Although the final text of the regulation has not yet been released, companies should prepare for the implementation of provisions related to data classification, cross-border data transfer, and personal information protection.
We discuss the distinct opportunities and strategic advantages offered by China’s key artificial intelligence (AI) hubs, highlighting their roles in shaping the future of China’s AI industry landscape.
An emphasis on ‘new quality productive forces’ in government policy in 2024 signals a major shift to an innovation-led economic growth model, presenting various opportunities in the sci-tech space. We explain the concept and policy objectives behind this new growth model.
While China plays an irreplaceable role in the global supply chain, Vietnam has rapidly emerged as a key investment destination. It’s crucial to understand both the competition and potential collaborative opportunities between the two nations.
US National Security Advisor Jake Sullivan met with President Xi Jinping in Beijing in the first visit by a US national security advisor to China in eight years as part of ongoing efforts to increase bilateral engagement.
In this month’s China tax brief, Guangdong implemented classified and hierarchical management and services for taxes and fees while Zhejiang formulated special guidelines for tax compliance.
The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.
This publication explores Singapore's business landscape in 2024: Economic growth, strategic advantages, and investment opportunities for foreign companies in this resilient Asian hub.
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