William Marshall of Tiang & Co analyzes the proposed Export Control Law and China's competitive advantage over the US, especially in relation to technology, should this legislation come into force.
PRC outbound investment has received another boost via a new tax credit regulation that simplifies procedures and provides greater options to Chinese companies keen on multi-jurisdictional forays. It would be wise for these corporates to review and restructure their tax credit strategies to capitalize on the government's commitment to expanding outward.