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On May 19, 2025, China’s Ministry of Finance and other departments launched standardized electronic voucher accounting data to enhance digital transformation in accounting. This initiative addresses...
On March 23, 2025, China’s State Council released regulations for the Anti-Foreign Sanctions Law (AFSL), which counters foreign economic sanctions. Key powers include imposing countermeasures against...
After a 2022 political split, Philippine President Marcos Jr and Vice President Duterte faced escalating tensions with China, prompting military confrontations. Investigations into past agreements ensued,...
On April 1, 2024, the People’s Bank of China introduced rules for beneficial ownership information, effective November 1, 2024. Companies must report ownership details during registration,...
At China’s 2025 Two Sessions, women’s rights received minimal focus despite a global summit announcement. Representation increased slightly, but advocacy declined, reflecting a reluctance to prioritize...
The manufacturing industry is transforming through technology, with industrial robots and AI reshaping production. Smart and green manufacturing is altering workforce needs and creating new “neo-blue-collar”...
In April 2025, China’s State Council approved new Cross-Border E-Commerce Comprehensive Pilot Zones in Hainan and 15 cities, expanding to 165 nationwide. This initiative enhances customs...
China is shifting from an export-led growth model to one focused on domestic consumption and stabilization, marking a strategic response to international tensions and prioritizing fiscal...
China’s 2025 Negative List for Market Access reduces restricted industries to 106, easing investment in sectors like manufacturing and healthcare. However, new restrictions on e-cigarettes, drones,...