China
UN right chief calls on China to protect human rights in Tibet and Xinjiang
The United Nations human rights chief on Monday urged China to carry out recommendations from his office to protect human rights in Tibet, Xinjiang and across the country – but activists criticized his comments as weak and not backed up by action.
U.N. High Commissioner for Human Rights Volker Türk made the comments on China while delivering an address to the Human Rights Council in Geneva, Switzerland, updating its members on an array of themes and country situations.
Türk’s predecessor, Michelle Bachelet, issued a report in August 2022 that found that China’s detention of Uyghurs and other Turkic minorities in Xinjiang may constitute crimes against humanity, though Beijing denies committing any abuses.
“I also call on the government to implement the recommendations made by my office and other human rights bodies in relation to laws, policies and practices that violate fundamental rights, including in the Xinjiang and Tibet regions,” Türk said. “I’m engaging with the Hong Kong authorities on continuing concerns about national security laws.”
Bachelet’s report made 13 recommendations to the Chinese government, including promptly releasing those detained against their will in detention camps – but which Beijing calls vocational education and training centers.
The report called on China to investigate allegations of human rights abuses at the facilities, including accusations of torture, sexual violence, forced labor and deaths in custody.
China should also release details about the location of Uyghurs in Xinjiang who have been out of touch with relatives abroad, establish safe means of communication for them and allow travel so families can be reunited – something that is now forbidden.
In the address, Türk said his office looked forward to engaging with China on plans it announced during its recent Universal Periodic Review to adopt 30 new measures for human rights protection, including amendments to the criminal law and revisions of the Criminal Procedure law.
During China’s Universal Periodic Review — a comprehensive review of its human rights record — at the Human Rights Council in January, Chinese government officials defended Beijing’s policies in Xinjiang, while the U.S. representative to the United Nations condemned the country’s ongoing genocide and crimes against humanity there.
The Chinese Embassy in Washington did not respond to an RFA request for comment on Türk’s address.
Though China has denied rights violations in Xinjiang, Western states continue to raise alarms about continuing repression, arbitrary detentions and enforced disappearances of Uyghurs and others.
Western nations and human right groups have also condemned the Chinese government for policies undermining Tibetans’ religion, culture and language as well as for its brutal treatment of dissidents and the implementation of harsh national security laws in Hong Kong.
‘Weak performance’
Sophie Richardson, former China director of Human Rights Watch, called Türk’s address “a weak performance,” saying he seemed “completely unmotivated by the agony and the pressure and the abuses that people across China are enduring.”
“I find it deeply worrying that he seems to be relying on tools and tactics that are, I think, well established to be ineffective, particularly dialogues,” she told RFA. “I think it’s also very worrying that he won’t even refer to his own office’s report on the Uyghur region and the conclusion that there may potentially be crimes against humanity committed by the Chinese government.”
“Thirty years of human rights dialogs have clearly enabled crimes against humanity, not prevented them,” Richardson said.
New York-based Human Rights Watch, meanwhile, took Türk to task for “staying shamefully silent on the Chinese government’s crimes against humanity against Uyghurs and other Turkic Muslims in Xinjiang.”
Dolkun Isa, president of the World Uyghur Congress, said Türk’s call was a step in the right direction, though not enough because the findings in Bachelet’s report haven’t yet been discussed at the Human Rights Council.
“While Türk may be reluctant to take a stronger position on China because of China’s powerful influence at the U.N., his latest statement stings China badly as China is attempting to cover up the Uyghur genocide,” he said.
Translated by RFA Uyghur. Edited by Roseanne Gerin and Malcolm Foster.
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China
China Implements New Policies to Boost Foreign Investment in Science and Technology Companies
China’s Ministry of Commerce announced new policy measures on April 19, 2023, to encourage foreign investment in the technology sector. The measures include facilitating bond issuance, improving the investment environment, and simplifying procedures for foreign institutions to access the Chinese market.
On April 19, 2023, China’s Ministry of Commerce (MOFCOM) along with nine other departments announced a new set of policy measures (hereinafter, “new measures”) aimed at encouraging foreign investment in its technology sector.
Among the new measures, China intends to facilitate the issuance of RMB bonds by eligible overseas institutions and encourage both domestic and foreign-invested tech companies to raise funds through bond issuance.
In this article, we offer an overview of the new measures and their broader significance in fostering international investment and driving innovation-driven growth, underscoring China’s efforts to instill confidence among foreign investors.
The new measures contain a total of sixteen points aimed at facilitating foreign investment in China’s technology sector and improving the overall investment environment.
Divided into four main chapters, the new measures address key aspects including:
Firstly, China aims to expedite the approval process for QFII and RQFII, ensuring efficient access to the Chinese market. Moreover, the government promises to simplify procedures, facilitating operational activities and fund management for foreign institutions.
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
China
Q1 2024 Brief on Transfer Pricing in Asia
Indonesia’s Ministry of Finance released Regulation No. 172 of 2023 on transfer pricing, consolidating various guidelines. The Directorate General of Taxes focuses on compliance, expanded arm’s length principle, and substance checks. Singapore’s Budget 2024 addresses economic challenges, operational costs, and sustainability, implementing global tax reforms like the Income Inclusion Rule and Domestic Top-up Tax.
Indonesia’s Ministry of Finance (MoF) has released Regulation No. 172 of 2023 (“PMK-172”), which prevails as a unified transfer pricing guideline. PMK-172 consolidates various transfer pricing matters that were previously covered under separate regulations, including the application of the arm’s length principle, transfer pricing documentation requirements, transfer pricing adjustments, Mutual Agreement Procedure (“MAP”), and Advance Pricing Agreements (“APA”).
The Indonesian Directorate General of Taxes (DGT) has continued to focus on compliance with the ex-ante principle, the expanded scope of transactions subject to the arm’s length principle, and the reinforcement of substance checks as part of the preliminary stage, indicating the DGT’s expectation of meticulous and well-supported transfer pricing analyses conducted by taxpayers.
In conclusion, PMK-172 reflects the Indonesian government’s commitment to addressing some of the most controversial transfer pricing issues and promoting clarity and certainty. While it brings new opportunities, it also presents challenges. Taxpayers are strongly advised to evaluate the implications of these new guidelines on their businesses in Indonesia to navigate this transformative regulatory landscape successfully.
In a significant move to bolster economic resilience and sustainability, Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, unveiled the ambitious Singapore Budget 2024 on February 16, 2024. Amidst global economic fluctuations and a pressing climate crisis, the Budget strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development, marking a pivotal step towards fortifying Singapore’s position as a competitive and green economy.
In anticipation of global tax reforms, Singapore’s proactive steps to implement the Income Inclusion Rule (IIR) and Domestic Top-up Tax (DTT) under the BEPS 2.0 framework demonstrate a forward-looking approach to ensure tax compliance and fairness. These measures reaffirm Singapore’s commitment to international tax standards while safeguarding its economic interests.
Transfer pricing highlights from the Singapore Budget 2024 include:
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
China
New Report from Dezan Shira & Associates: China Takes the Lead in Emerging Asia Manufacturing Index 2024
China has been the world’s largest manufacturer for 14 years, producing one-third of global manufacturing output. In the Emerging Asia Manufacturing Index 2024, China ranks highest among eight emerging countries in the region. Challenges for these countries include global demand disparities affecting industrial output and export orders.
Known as the “World’s Factory”, China has held the title of the world’s largest manufacturer for 14 consecutive years, starting from 2010. Its factories churn out approximately one-third of the global manufacturing output, a testament to its industrial might and capacity.
China’s dominant role as the world’s sole manufacturing power is reaffirmed in Dezan Shira & Associates’ Emerging Asia Manufacturing Index 2024 report (“EAMI 2024”), in which China secures the top spot among eight emerging countries in the Asia-Pacific region. The other seven economies are India, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, and Bangladesh.
The EAMI 2024 aims to assess the potential of these eight economies, navigate the risks, and pinpoint specific factors affecting the manufacturing landscape.
In this article, we delve into the key findings of the EAMI 2024 report and navigate China’s advantages and disadvantages in the manufacturing sector, placing them within the Asia-Pacific comparative context.
Emerging Asia countries face various challenges, especially in the current phase of increased volatility, uncertainty, complexity, and ambiguity (VUCA). One notable challenge is the impact of global demand disparities on the manufacturing sector, affecting industrial output and export orders.
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
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- Q1 2024 Brief on Transfer Pricing in Asia
- New Report from Dezan Shira & Associates: China Takes the Lead in Emerging Asia Manufacturing Index 2024
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