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An Introduction to Doing Business in China 2025

2025-01-01
Doing business in China is getting more challenging than ever. With heightened geopolitical risks, growing pressure to diversify supply chains, a slowdown in China’s economic growth, and uncertainties surrounding the potential implications of Trump’s second presidency, companies must navigate an increasingly complex environment. Nevertheless, China remains one of the world’s largest consumer markets, essential for any ambitious businesses pursuing global success. China’s unparalleled supply chains are difficult to replace, and its proposed standards to clearly define “Made in China” and offer preferential treatment to domestic products in government procurement may necessitate local manufacturing. Furthermore, China’s continued market opening and intensified fiscal support present new opportunities to foreign investors.

Featured Business News

ASEAN Briefing

Thailand to Implement Employee Welfare Fund

01/02/2025

Thailand is poised to introduce an Employee Welfare Fund starting October 1, 2025, marking a significant milestone in the country’s labor protection framework. This initiative, grounded in the Labor Protection Act B.E. 2541 (1998), was formalized through a royal decree on November 13, 2024. The fund is designed to bolster employee financial security while imposing new obligations on employers to ensure compliance.

Vietnam Briefing

Vietnam Updates Criteria for High-Tech Investment Projects

01/01/2025

New criteria for high-tech investments in Vietnam have come into effect since December 23, 2024, following the implementation of a new circular. These criteria specifically address projects related to high-tech research and development facilities, as well as high-tech applications in producing high-tech goods. This article examines the updated requirements for the reference of businesses and investors.

India Briefing

India’s Economy in 2024: GDP Growth and Global Ranking

12/31/2024

India’s economy in 2024 highlights a year of resilience and growth, as the country reinforced its position as a rising global economic powerhouse. With a projected GDP growth of 6.6 percent for FY2024-25, supported by robust financial stability and strategic policy measures, India has maintained a momentum toward surpassing major global economies.

Middle East Briefing

Bahrain Publishes Supplementary Regulations for Domestic Minimum Top-Up Tax (DMTT)

12/31/2024

Bahrain has officially released a Domestic Minimum Top-Up Tax (DMTT) regulation, complementing its primary DMTT law released in September 2024. MNE Groups operating in Bahrain need to assess whether they are impacted by the DMTT and ensure compliance with registration and tax payment requirements.

India Briefing

Tax Residency and PoEM in India: An Overview

12/31/2024

In India, tax residency and the Place of Effective Management (PoEM) are key concepts in determining tax obligations and addressing issues like double taxation or tax evasion. To comply with Indian tax laws and avoid unintended tax liabilities, companies must understand the two concepts and carefully evaluate their management operations and structure.

Middle East Briefing

Ajman’s 2025 Budget and Business Opportunities: Driving Sustainable Growth

12/31/2024

Ajman’s 2025 budget of AED3.7 billion (US$964.65 million) focuses on community development, public safety, economic growth, and sustainability, positioning the Emirates as a thriving investment hub. With a strong regulatory framework, strategic location, and infrastructure enhancements, businesses can leverage these opportunities for growth.

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Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.

 

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

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