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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...
China Southern Air Logistics and Glasgow Prestwick Airport have launched Scotland’s first direct freighter service to China, with four weekly flights set to boost Prestwick’s role...
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,...
U.S.-China trade detente boosts demand, overwhelming container ship owners as shipping activity surges, reports Reuters. Key Points Revived Trade Relations After a detente in US-China trade...
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,...
Midea Group will acquire BDR Thermea’s China operations to boost global expansion and shift towards commercial solutions. The deal includes brands, assets, and bolsters Midea’s international...
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”...