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...
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...
1)completing a security assessment administered by the Cyberspace Administration of China (“CAC”); 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; o...
One of the biggest challenges faced by many small and medium sized companies (SMEs) which trade internationally is finding the most cost efficient way to pay their overseas suppliers. With little control or visibility over when the money will be received and the risk of adverse exchange rate ...
The second internship will be an overseas placement in a U.S. Embassy or Consulate that takes place during the summer after fellow’s graduation. The program provides additional support for summer travel, housing, and other related expenses. Fellows will receive mentoring from Foreign Service ...
(Demirag et al.,2012). The project company, which is formed by the private sector partner, is a special-purpose entity that is created to manage and finance the infrastructure project. The cash flows from the underlying infrastructure asset are used to service the debt of the project. ...
Moreover, in many FIEs, some senior management personnel, especially those affiliated with the headquarters and based overseas, may not substantially participate in the company’s operations and decision-making due to practical constraints. This is no longer suitable under the New Company Law....
percentage points compared to September. In the first ten months, China's foreign trade grew steadily, with the scale continuously expanding and the structure continuously optimizing. The goal of stabilizing the quality and quantity of foreign trade for the whole year is expected to be achieved ...
The foreign aid data in this report are compiled by the Congressional Research Service from a number of resources, including USAID's U.S. Overseas Loans and Grants (also known as the "Greenbook"), CRS communications with the State Department and the United States Agency for International Develo...
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...