Sign In
Subscribe to Newsletter

Advocacy

What does the Government Work Report 2020 mean for British businesses?

Premier Li Keqiang outlined the Chinese government's key priorities for 2020 in his presentation of the Government Work Report this morning. The report put an end to weeks of speculation about whether or not GDP growth targets would be abandoned, but on the whole, government policy this year should largely benefit British businesses in China, as long as they are accompanied by consistent and rigorous implementation.
Read more

How does the devaluation of the renminbi impact global trade? [Policy Insights]

● The depreciation of the renminbi below 7 to the US dollar last week marks a significant development in the US-China trade war. ● In addition to increased production costs, companies may see a slight rise in the rate of inflation. ● Signals from Beijing indicate that after the initial drop, the renminbi is unlikely to devalue too dramatically, unless further developments in the trade war push Beijing towards a more aggressive monetary policy.
Read more

What’s New in the 2019 Negative Lists? [Policy Insights]

Tuesday 30th July marked the implementation of China’s revised Negative and Encouraged Lists for foreign investment by the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM). These effectively act as a manual for foreign businesses in China to understand which sectors they are prohibited and restricted from investing in by the authorities, and which enjoy incentives.
Read more

How British businesses in China should prepare for a no-deal Brexit [Policy Insights]

The UK is scheduled to exit the European Union on the 31st October 2019. With the final two Conservative Party leadership candidates, Boris Johnson and Jeremy Hunt, refusing to rule out the possibility of a no-deal Brexit, British businesses must now prepare for the potential subsequent fallout. A no-deal Brexit would mean the end of the UK’s access to the European Single Market and Customs Union, replaced by alignment with World Trade Organisation rules on cross-border trade.
Read more
Back To Top