In the News: Uncertainty Dents British Confidence in Investing in China; the European Union Tightens Product Safety Requirements; and Hong Kong Proposes to Resolve 'Scheme of Arrangement' Controversy

May 31, 2023 | BY

Clarence Lee

British firms in China are concerned about the way China introduces new regulations and the vagueness of its laws; the European Union introduces additional product safety-related requirements for businesses selling products online to domestic consumers; Hong Kong seeks to allow offerors and their concert parties to vote in a shareholders' meeting regarding a firm's privatization.

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Uncertainty Dents British Confidence in Investing in China

On May 23, the British Chamber of Commerce in China (BritCham) released its annual position paper warning that uncertainty and unpredictability in the business environment have dampened the outlook of British firms investing in China.

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