China Cuts Tariffs on Consumer Goods

China has reduced import tariffs on 187 types of consumer goods from an average of 17.3 to 7.7 percent. The new import duties were announced this November 24th and became effective on December 1st.   Products covered by China’s latest tariff cuts include: Food & beverage: certain types of cheese, nuts, dried fruits, and wine Baby products: infant […]

China’s Green Push is Here to Stay

    President Xi Jinping is placing anti-pollution high up on his agenda as he enters his second five-year term in office, echoing the intensity of his sweeping crackdown on corruption.   An environmental inspection round carried out by China’s central government up until September this year has had hard-felt effects across industries. Non-complying factories […]

China’s New “Negative Lists” are Positive News for Foreign Investors

China continues its paced but steady easing of official barriers to foreign investment. Two important steps in this direction took effect this July: an updated negative list regulating foreign investment within free-trade zones (the FTZ Negative List) and a new version of the Foreign Investment Catalogue that regulates investment on a national scale (the Catalogue). […]

Hong Kong Plans Two-Tier Profit Tax System

In her first policy address as Chief Executive on October 11th, Carrie Lam pledged to go through with what would be Hong Kong’s largest profit tax reform in decades. Here is the “what, when, and why” of this potentially game-changing initiative. Profit tax : What? The proposal calls for the introduction of a two-tier profit […]

China’s Sports Sector is Shaping Up

    The sports and fitness market is warming up in China, stretching the scope for foreign investment across various segments – from sportswear retail to training facilities. Apart from its sheer size, what makes the Chinese market so promising is that its sports and fitness ecosystem is getting an energy boost from all angles: […]

Business 20 Years after Hong Kong’s Handover

Looking Back   20 years ago people saw Hong Kong’s return to China with mixed feelings. Would the city boom as a gateway to China? Or would its West-meets-East appeal fade?   When reviewing the past 20 years, opinions continue to be as diverse as the social, political, and economic changes that the city has […]