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The November 2024 Japan-China summit in Peru signaled improving ties, with leaders emphasizing mutual benefits and cooperation to address regional security, particularly North Korea’s nuclear threat,...
Recent reviews of Chinese enterprises reveal critical tax risks in fraudulent VAT invoicing and improper tax incentive applications. Enhanced compliance enforcement, including the Golden Tax System...
On January 20, 2025, Donald Trump was inaugurated as the 47th president, signaling a shift in US-China relations. Trump plans to adopt a more transactional approach,...
Southeast Asia faces an influx of cheap Chinese goods if US tariffs escalate. ASEAN must respond collectively to protect markets, as pressure mounts from competition and...
The New Value-Added Tax Law, effective January 1, 2026, enhances China’s tax regulations by clarifying taxable transactions, simplifying tax rates, and improving compliance. Key changes reduce...
Indonesian President Prabowo Subianto emphasized ASEAN’s unity for effective diplomacy with larger powers. Meanwhile, Southeast Asia faces economic challenges from cheap Chinese goods and potential EU...
China’s electronic manufacturing sector experienced significant growth in 2024, driven by increased production, export recovery, and stable profitability. Key investments, particularly in integrated circuits, indicate resilience...
China’s State Taxation Administration has introduced a new tax refund policy for cross-border e-commerce, allowing refunds for goods exported through overseas warehouses. This aims to streamline...
Despite military threats from China, Taiwan’s economy grew 4.3% in 2024, led by a resilient export industry. Challenges include income inequality and rising inflation amid increased...