Agricultural Bank conducted a detailed analysis of the company's current operating situation, continuously optimized the service plan, opened 8.35 million US dollars in letters of credit for the company, and provided 71.14 millio...
Both Weixin Pay — a mobile payment service within the Weixin app designed for users on the Chinese mainland — and Alipay have raised the single transaction limit of mobile payments for foreigners in China from $1,000 to $5,000 and lifted the annual cumulative transaction l...
Firstly, given that China’s outward FDI to countries in the Pan-East Asian region has a good role in promoting export trade, the Chinese government should optimize outbound investment policies, improve the government’s “going global” service system, and increase the confidence in Chinese enterp...
While it is not illegal to maintain anoffshore account, failure to disclose the account to the Internal Revenue Service (IRS) is illegal since the U.S. taxes all income and assets of its citizens on a global scale. In fact, the FATCA was at least in part created to fund the costs of...
By the end of 2022, the number of Chinese digital service platform enterprises with an individual market value of over 1 billion U.S. dollars had exceeded 200. Likewise, an increasing number of overseas brands have entered the Chinese market or expanded their business with the rise of digital...
2)filing a Standard Contract (a template published by CAC) that it has signed with its overseas recipient(s) and the Personal Information Protection Impact Assessment (“PIA”) report with CAC; or 3)obtaining certification by qualified institutions. ...
By the end of 2022, the number of Chinese digital service platform enterprises with an individual market value of over 1 billion U.S. dollars had exceeded 200. Likewise, an increasing number of overseas brands have entered the Chinese market or expanded their business with the rise of digital...
The unfavourable trade balance could easily be counter-balanced by homeward remittence of overseas Chinese and the net export of gold and silver.33 In other words, before 1900, Chinese foreign trade was in the nature of merchandise exchange; and yet, after the turn of the century, the import...
medium-sized enterprises (SMEs) engaged in cross-border trade a comprehensive digital payment settlement and financial service. With just one account, businesses can efficiently receive payments from over 120 global e-commerce platforms in 37 different currencies, facilitating their overseas business ...
medium-sized enterprises (SMEs) engaged in cross-border trade a comprehensive digital payment settlement and financial service. With just one account, businesses can efficiently receive payments from over 120 global e-commerce platforms in 37 different currencies, facilitating their overseas business ...