China labor compliance amid extreme heat is increasingly regulated. Learn how foreign companies can meet legal obligations in ...

In our Asia Transfer Pricing Brief for Q1 2025, we present the latest updates on transfer pricing in Thailand, Sri Lanka, and ...

China ODI in numbers In the first five months of 2025, China’s total outbound direct investment (ODI) reached RMB 492.02 billion, a 1.2 percent drop year-on-year in yuan terms (US$68.47 billion in ...

COVID-19 is now a global pandemic, and in a bid to prevent a second wave of the outbreak at home, China has not given up on drastic measures to contain infections or possibility of reinfection.

The law decentralizes quality oversight by giving commune-level People’s Committees the authority to manage product quality ...

The minimum wages in China continue to rise. We offer a guide to minimum wages in the Chinese Mainland and discuss how labor costs are affected by changes to the minimum wage levels. The minimum wages ...

The manufacturing industry is a cornerstone of China’s economy and a crucial sector underpinning the global economy. The manufacturing sector’s added value accounted for around 26 percent of China’s ...

China’s labor market – the largest in the world – is undergoing a period of rapid change. As the population ages, the working-age population shrinks, and new forms of employment become more prevalent, ...

Average salaries in China have more than doubled over the last decade, following the country’s rapid growth in GDP and living standards. However, average salaries vary greatly from industry to ...

Step 1 – Prepare annual audit report Similar to the annual audit for JVs, WFOEs, and FICEs, the annual audit report for Ros should also be prepared by external licensed accounting firms and signed by ...

However, it is important to note that imports and exports saw a month-on-month decline of 1.2 percent in October. This decline is primarily due to weak domestic demand, cautious import decisions by ...

According to the Hurun 2018 China New Middle-Class Report, there were over 33.2 million middle-class households as of August 2018. The “middle class” is defined by Hurun as “Urban residents with an ...