SPC Interpretation: Tort Liability Compensation in Labor Relations and Dispatches
China’s Supreme People’s Court (SPC) has issued a judicial interpretation, which clarifies the tort liability compensation in labor relations and dispatches, among others.
Setting Up a Family Office in Hong Kong
Hong Kong’s strategic location, robust financial infrastructure, favorable tax regime, and high quality of life make it an ideal destination for establishing family offices.
Renegotiating Long-Term Commercial Contracts for Greater Cost Savings
All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.
China Issues New Regulations on Network Data Security Management, Effective January 1, 2025
On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.
Reducing Labor Costs in China with a Sustainable Workforce Structure
Optimizing labor costs sustainably in China involves adopting flexible employment practices, adapting to economic challenges, and implementing effective compensation structures.
Cost Reduction Strategies in China – New Publication Out Now
In this issue of China Briefing magazine, we delve into the most effective cost-reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.
China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities
China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.
Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone
The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.