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strategy

Chinese Visitor Insight online tools available

Webinars and online modules are now available to help tourism operators meet the needs ...

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finance

Understanding Legal Proceedings in China

For foreign investors running businesses in China, it is very likely that they would ...

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To New Zealand, with love

Chinese Premier Li Keqiang says the Chinese civilisation values openness and ...

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commentary

New Zealand's Ambassador optimistic about bilateral ties with China

New Zealand and China had a wide variety of exchanges in almost every conceivable area ...

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general

Mandarin language assistants welcomed

Forty eight Mandarin Language Assistants were officially welcomed to New Zealand ...

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Tax and Finance

Understanding Legal Proceedings in China

Understanding Legal Proceedings in China

For foreign investors running businesses in China, it is very likely that they would find themselves feeling wronged by another party who has failed to live up to their end of a contract. Many foreign business owners hesitate to enter litigation in China because they assume that the legal process in China is a time consuming...

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China widens economic influence

China widens economic influence

Beijing’s ‘One Belt, One Road’ is a small phrase with major ambitions. Noel McNamara explains what it means for New Zealand exporters and global trade. In response to expected flat world trade growth abroad and moderating economic activity at home, China is packaging a series of initiatives to help...

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Tax Benefits of Changing from an RO to a WFOE

Tax Benefits of Changing from an RO to a WFOE

There are many reasons why setting up a Representative Office (RO) in China is beneficial for a company, with the simplicity and low cost of the registration process being among the most attractive. If a company is beginning its venture into China or only wants a research/support post then an RO is a great way to get started....

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What to expect from China’s new investment laws

What to expect from China’s new investment laws

On 19 January 2015 MOFCOM issued a draft of the PRC Foreign Investment Law for public comment (FIL). Below we highlight key features of the new foreign investment regime. While the road to the actual passage of the FIL will likely take at least another eighteen months, it is clear that once adopted, the FIL’s impact...

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Qualifying for DTA Benefits in China

Qualifying for DTA Benefits in China

China has made great strides in the past five years in building up its regulation in the area of double taxation avoidance, as well as implementation assurance techniques, but qualifying for DTA benefits remains a complex procedure. The first step is to determine whether you are a tax resident of a country that has an...

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Economic linkages between New Zealand and China

Economic linkages between New Zealand and China

The Reserve Bank of New Zealand published an Analytical Note on “Economic linkages between New Zealand and China” in October 2014. Over the past several decades, China’s share of global output and trade – and of trade with New Zealand – has increased rapidly. This note outlines some of the ways...

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China Corporate Bond Market Overtakes the U.S. as World’s Biggest

China Corporate Bond Market Overtakes the U.S. as ...

China has overtaken the United States as home to the world’s biggest corporate borrowers, with some US$14 trillion of debt, says a report newly issued by Standard & Poor’s. The report predicts that China will absorb 30 percent of all global debt over the next five years and that the Asia-Pacific region will...

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Price volatility signals the yuan is closer to becoming a global currency

Price volatility signals the yuan is closer to becoming a ...

By Gordon French, Asia-Pacific head of global banking and markets at HSBC. Gordon French says even with the current capital controls, it has become an attractive asset. The recent dip in the value of the Chinese currency surprised many in the markets, but it shouldn't have. The renminbi occupies a position all of its...

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Renminbi: good for business

Renminbi: good for business

By Gary Cross, Head of Global Trade and Receivables Finance, HSBC New Zealand In a struggling global economy, finding a competitive edge becomes all the more important, and a new HSBC survey indicates that for companies doing business in China, there are significant advantages to doing business in renminbi. The...

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RMB: Appreciation and reform not mutually exclusive

RMB: Appreciation and reform not mutually exclusive

By Ju Wang, Senior FX Strategist, Research, HSBC Markets (Asia) LimitedThe RMB has experienced increasing volatility in recent weeks in light of new regulations and strong inflows that have seen the currency touch record highs versus the USD. This highlights the interesting challenge faced by Chinese policymakers – how...

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Import-Export Taxes and Duties in China (With exclusive offer from Asia Briefing)

Import-Export Taxes and Duties in China (With exclusive ...

By Shirley Zhang, Dezan Shira & Associates Importing to and exporting from China generally involves three types of taxes:   Value-added tax; Consumption tax; and Customs duties.   1. Value-added Tax for Imported Goods Imported goods to China are subject to value-added...

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E-commerce and the Chinese consumer

E-commerce and the Chinese consumer

By Damon Paling, Partner PwC Shanghai E-commerce in China is forecasted to grow to an over US $350 billion industry by 2016 as internet connectivity expands and consumer purchasing power grows. Before a New Zealand company is online and making sales, they are faced with the challenging task of setting up their web...

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