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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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profile

New Zealand King Salmon joins forces with PCNZ to undertake supply...

Primary Collaboration New Zealand (Shanghai) Co Ltd (PCNZ) has signed a deal with Top ...

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commentary

"Chengdu Can Du ?" Innovation and start-up environment and...

As with other tier 1 and 1.5 cities, Chengdu is investing heavily into innovation and ...

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general

Mandarin language assistants welcomed

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

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New wave of financial reforms set to increase acceleration of Renminbi internationalisation

Tax and Finance

Continued reforms by The People’s Bank of China (PBOC) are set to further accelerate the use of Renminbi (RMB) in international trade and investment and reinforce the move towards full convertibility of the currency. Reforms such as the widening of the RMB daily trading band, recent capital account deregulation and the expansion of the Qualified Institutional Investor Scheme are all signs of a change in focus away from appreciation to flexibility.

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