Chinese authorities issued new regulations and guidance governing cross-border transfers of data and personal information, which will significantly reduce procedural and compliance burdens for many multinationals.
From Customs and Foreign Trade Policy (‘FTP') perspective, the duty exemption/ remission schemes and the ‘Make in India' program are playing a vital role in globalization...
In November 2023, the State Council issued the Overall Plan for Fully Embracing International High-standard Trade and Economic Rules to Promote the High-level Opening-up of the China...