One of the largest and fastest developing economies worldwide, China, has been a favorite for businesses for their expansion. With constant support
Companies with subsidiaries in China enjoy the benefit of its large, developed markets. However, repatriating profits can be difficult if the foreign
The recent changes in world dynamics have led to China prioritizing the development of its infrastructure. The country is pushing towards establishing
Setting up a Wholly Foreign-Owned Enterprise in China can be difficult when handled alone by a foreign company. Finalizing the business plan,
China is one of the fastest-growing economies. It attracts businesses from across the world to benefit from its flourishing market conditions.
When you plan to expand your business in China, the first step you need to take is to determine the right business structure. Choosing between a
Having the largest consumer population and the second-largest economy globally, China is an attractive choice for many businesses around the world.
China’s social credit system is both a singular database and a set of databases that keep up-to-date information on the behavior of individuals,
The recent years have witnessed more companies and even individuals from the West and Europe shift to APAC countries, especially China. But why has
China is one of the largest business hubs, attracting foreign entities and investors from across the world. Businesses that wish to enter the Chinese
A Wholly Foreign-Owned Enterprise (‘WFOE’) is one of the most common business models for international enterprises doing business in China. However,
The first half of the year 2020 has proven to be a rollercoaster ride for businesses and individuals worldwide. Everyday life and global economies
China’s corporate Social Credit System (SCS) combines data from many different sources to provide a public searchable database of companies, and to
“Made in China 2025” is a strategic plan that was initiated in 2015 to reduce China’s dependence on foreign technology and promote Chinese
With around 40% of China's wine being imported, foreign wineries and wine distributors have been presented with an enormous opportunity for expansion.
With one of the biggest economies in the world, China represents tremendous opportunity for many foreign businesses hoping to expand. However, many
Foreign companies entering the Chinese market, even those who have experienced success in other countries, must be conscious of the unique rules
With the second largest economy in the world and rapid advancement, China is increasingly becoming a coveted market for Western companies who are
As many companies expand across China, the importance of understanding the culture and motivation of Chinese employees is more important than ever.
According to Mc. Kinsey, China added, “the equivalent of the entire Australian economy to its GDP” in 2019 alone. China is also making a concerted
WFOE stands for Wholly Foreign-Owned Enterprise. As the name rightly indicates, a WFOE (sometimes referred to as WOFE) is an organization set up in
China is becoming an increasingly attractive option for foreign companies wishing to expand, but many businesses encounter complex obstacles that act
With low manufacturing costs, ideal infrastructure, a motivated workforce and billions of potential customers in the area, China is an often coveted
Currently, the buzzword in doing business in a foreign country is “International PEO.” A company that intends to bring their business to another
Chile was the first Latin American country to establish diplomatic relations with China when the two nations signed a free trade agreement together.
China has various taxes and duties that apply to imports and have a significant effect on the overall pricing scheme and ability to obtain a profit
Hiring employees in China can be a complex process, especially if you do not have an existing Chinese company and legal structure. China’s strict laws
New Horizons Global Partners is a Professional Employer Organization whose expertise in China ensures an extensive HR service in addition to the
China has announced to the world that it is open for business. However, foreign companies find that this is not a simple task, particularly due to the
With the second strongest consumer market in the world and an affordable workforce, China is an attractive option for startups and businesses wishing