China Just Put A Financial Punishment Benchmark For Consulting Firms Who Breach Their Operational Boundaries
By Chris Devonshire-Ellis China has fined the US consulting firm Mintz Group about US$1.5 million for doing “unapproved statistical work,” according to a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office earlier this year. The fine sets a precedence, in that the bureau said Mintz conducted 37 unapproved investigations in […]
China Issues 24 New Measures in Clear Directive to Boost Foreign Investment
New guidelines tackle challenges faced by foreign companies in China in bid to attract foreign capital.
China’s Trade and Development with BRICS: Analysis and Opportunities
With the BRICS 2023 summit now underway, we examine the China-BRICS trade dynamics By Chris Devonshire-Ellis The BRICS 2023 summit is now underway in Johannesburg, South Africa, with the Heads of State of Brazil, China, India, and South Africa all attending in person, together with significant trade delegations. The Russian President, Vladimir Putin, is […]
US Bans New Investments in China’s Sensitive High-Tech Industries
In August, President Joe Biden issued an Executive Order imposing a ban on new US investments in the Chinese economy, specifically targeting the advanced semiconductor, quantum IT, and AI industries. The ban covers indirect investments, PE, VC, JV, as well as greenfield investments.
China Economic Roundup – July 2023
In July, China’s economic growth slowed further from the previous month, although with some notable exceptions in key sectors such as high-tech and NEVs. We break down the latest 2023 economic indicators.
German Firms and Chinese Cash: Dependence or Delusion?
In this op-ed, Simon Laube examines the assertion that corporate Germany is dependent on Chinese profits, demonstrating that extrapolating broad conclusions from individual cases does not provide the full picture.
Chris Devonshire-Ellis – Sputnik Interview Concerning China’s Increasing Gold Reserves and the Implications
Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, has been interviewed by Sputnik Global concerning his views on China’s gold reserves, which have increased for the ninth consecutive month and are now at a record high of 2,137 tons. Chris discusses China’s gold reserve strategy and goals, what this means for the RMB yuan […]
China Removes Barley Tariffs on Australia
China has lifted the anti-dumping tariffs on Australian barley, marking a significant step towards normalizing trade relations between the two nations after a three-year period of strained ties. Officials on both sides have expressed cautious optimism about the potential for resolving other trade disputes.