All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation.

Zhejiang recently increased its paid marriage leave to 13 days from three days, to encourage marriage and support population ...

According to Article 7 of the current effective Interim Provisions on Wage Payment, wages must be paid on the date agreed upon by the employer and the employee. If this date falls on a holiday or rest ...

Developing China's biotech industry is a strategic objective for the government, enabled by recent regulatory reforms, greater R&D spend in key segments, and tax incentives in key locations to ...

Hong Kong's tax landscape is characterized by a generally low-tax environment with specific incentives tailored to different sectors. While the region does not provide extensive tax incentives for all ...

China and Thailand maintain a robust economic relationship, with bilateral trade reaching US$126.3 billion in 2023.

China is Switzerland’s largest trading partner in Asia and the third largest globally. In 2023, bilateral trade reached approximately RMB 416.93 billion (US$57.34 billion), with China accounting for ...

Finland holds the distinction of being the first Western nation to sign a government trade agreement with China. As China’s third-largest trading partner in the Nordic region, Finland has maintained a ...

The digitalization of accounting in China, driven by e-fapiao and the amended Accounting Law, is transforming financial ...

China's economy in August 2024 saw an uptick in export trade, while industrial output slowed except in high-tech and ...