Other Briefings
Hong Kong to Sign Free Trade Agreement with ASEAN
Leaders of the Association of Southeast Asian Nations (ASEAN), who recently met in Brunei, are set to approve a decision by their economic ministers to expand trade ties with Hong Kong through the signing of a free trade agreement.
Hong Kong–Indonesia Comprehensive DTA Enters into Force
The Hong Kong-Indonesia DTA has taken effect from April 1, 2013. The DTA with Indonesia was signed in March 2010, but has only recently been ratified by Indonesia.
Update: China’s Free Trade Agreements
Over the past years, China has been actively pursuing FTAs with various countries. So far, the country has 16 FTA partners comprising of 28 economies.
China Set to Lose Out to Vietnam as U.S. TPP Deal Looms
Feb. 6 – The Trans-Pacific Partnership trade bloc that the United States has entered into with 10 nations and of which China has been highly critical, is set to bite into China’s textiles industry later this year when U.S.-Vietnamese negotiations over tariffs and tax rates are concluded. The TPP – which includes the United States, […]
Shanghai to Create China’s First Free Trade Zone
Jan. 29 – Shanghai’s acting mayor, Yang Xiong, has stated that the city wishes to create Mainland China’s first free trade zone in a three-year development project that will link and upgrade the city’s existing bonded facilities in Pudong. The plan has apparently already been approved by the central government and was introduced at the […]
Hong Kong and Italy Sign Comprehensive DTA
On January 14, 2013, Hong Kong and Italy signed a comprehensive double taxation agreement (DTA).
China’s SAT Releases Clarifications on Capital Gains Under DTAs
Jan. 25 – On December 31, 2012, the State Administration of Taxation (SAT) promulgated the “Announcement on Issues Concerning the Capital Gains Article under Tax Treaties (SAT Announcement 2012 No.59, hereinafter referred to as the ‘Announcement’).” The Announcement is intended to supplement guoshuifa (2010) No. 75 (“Circular 75”) released by the SAT in September 2010, […]
China to Join RCEP, Creating Massive Free Trade Area with ASEAN, India, and Japan
Plus Myanmar issues new foreign investment law Nov. 9 – China is set to commence negotiations to create a 16-nation trade bloc, known as the Regional Comprehensive Economic Partnership (RCEP), with its launch expected to be formally announced at the ASEAN summit in Phnom Penh later this month. The RCEP will include the 10 members […]
Selling U.S. Exports to Asia’s Middle Class Consumers
Oct. 22 – One of the main issues I’ve been discussing in the United States this past week with law and tax practices, universities, chambers of commerce and potential clients in Columbia, Charlotte, and San Francisco, is the growing trend of American exports to China. The demographics already tell us that a major wave of […]
Global Impact of a China-Japan-South Korea Free Trade Agreement
By Joshua Gill Jun. 29 – Last month, at the Fifth Trilateral Summit between China, Japan, and South Korea the three countries jointly announced their intent to begin negotiations on a trilateral free trade agreement (FTA) by the end of 2012. The announcement raises questions not only about the impact of the successful negotiation of […]
