Global vision, private chat with Carlo D'Andrea

The CIIE’s second edition is fast approaching and the European Chamber will carry out a survey among it’s members in order to understand which companies participated at the first edition and which will participate at the upcoming second edition. Please find the result in this episode of our podcast.

Last month, we published an article suggesting that employers should sign labor contracts with their employees to avoid being punished and having to pay double wages, today, we will continue to explore this topic and elaborate on further risks employers may encounter if they do not sign a written labor contract as well as the dangers for foreigners if they do not sign a written labor contract with their employer.

On November 6 2019, after eight years, the negotiations between China and the European Union on the Geographical Indications Agreement were finally concluded. Let's understand better the content.

China might not be the best market for buying a home anymore, but it is still certainly better to save and invest than to just blow money on rent. Let's discuss this.

After nearly ten years, the MUJI trademark case has at long last been finalized.  Let's discuss the case in depth.

Let's discuss the Vietnam Labour Code in order to better understand some of the new aspects within.

Today we will discuss the new Foreign Investment Law in China, its practical impact and a compliance guide for companies operating in the Chinese market. Let's see what's new!

In today’s episode we will speak about the effect of the corona virus on labor relations and on employer/employee activities as well as giving a brief update on all of the new labor regulations that have been released by the general office of the state council and the local people’s governments in the last few days. The purposes of these documents range from the postponement of the resumption of employees returning to work after the extended Spring Festival Holiday due to the coronavirus outbreak and strengthening prevention and control. We will also answer 5 of the most requested questions from our website www.carlodandrea.it

While the worst of the epidemic seems to be over health-wise, the effects on China’s (and the world’s) economy have just began to materialize. In response, the Chinese Government has rushed to present reforms and policies to aid enterprises doing business in China, especially those that have a role in preventing the further spread of the epidemic, as well as a fast and smooth resolution of the outbreak. Lets see what's new!  

Today we will answer a few questions based on the following aspects: Force Majeure; Change of Circumstances and Rent Reduction under Different Types of Lease Contracts. Here we go!

The Novel Coronavirus (COVID-19), has drastically affected the lives of many, not only within China, but also globally. We cannot ignore the cascading economic impact of the outbreak on the global markets and the Indian markets in particular. Let's take a closer look at what's happening...

As the COVID-19 outbreak began in December 2019, we have received many questions at www.carlodandrea.it about the resumption of work in China and we will be happy to answer them.

In this episode we will provide a short update on COVID-19 in China, the USA, and the EU as well as examining its effect on both life and businesses.

In this episode we will provide a short update on COVID-19 in China, the USA, the UK, the EU, India, Russia and the recent developments in African nations, as well as examining its effect on both life and businesses. We will also analyze the remedies countries have taken in order to win the battle against this invisible enemy.

Today we will discuss about enterprises that are either planning to or have already carried out commercial activities in China and outlining the vital aspect of protecting their own intellectual property rights by registering company trademarks at the CTMO.

Today we will help you to understand the rights and obligations of legal representatives in order to better assist you in appointing suitable legal representatives to foreign-invested enterprises in China.

Today we will take an in-depth look into various markets around the world in relation to their investment screening, inclusive of India, Italy and the EU.

The United Arab Emirates ranks #16 in the World Banks Ease of Doing Business 2020 rankings and in conjunction with investor friendly legislation, a strong financial and banking system, well developed infrastructure and an abundance of human resources, making the United Arab Emirates one of the top destinations in the world for foreign investment. There are many advantages for foreign investors to consider the FTZs for setting up a base in the United Arab Emirates.  Let's discuss a few of them today.

Along with the development of e-commerce, more and more people are becoming more accustomed to signing an online contract with other parties. Due to the pandemic, companies now frequently carry out smart business practice through online meetings or e-documents. The electronic signature, as a necessary element of an online contract, plays an important role in protecting each party's rights and interests. Let's check it out!

As the first specific law that regulates E-commerce activities conducted within the territory of China, The E-commerce Law has gone through a five-year legislative agenda, eventually coming into force on January 1st, 2019. Let's check what is new. 

Following the travel ban imposed on foreigners entering China, there have been recently introduced measures to improve the current situation, this week we will provide a practical guide for foreign employees & companies struggling with this issue.

Amidst various government stategies implemented and the recent economic outlook from China's Two Sessions 2020, can we see effective signs of recovery for business operations in China?

In any commercial contract, it is essential to conclude a dispute settlement clause, which shall establish that disputes can be chosen to be conducted through litigation or arbitration. In this episode we will point out the main differences to help you to decide the most appropriate to your needs.

Last week, the EU Ambassador in Vietnam, Mr. Giorgio Aliberti, received the formal Notes on the ratification of the EVFTA and EVIPA by Vietnam. Let's learn more about them and the effect on EU investment in Vietnam.

Today we will discuss the latest breaking news from EU, China and the South Asia Pacific area that’s influencing our international business environment.

Today we will provide an overview of the established principles in relation to major commercial disputes in China, together with their practical consequences and suggestions for companies to avoid risks of harmful litigation and operational difficulties.

On July 21st , at the end of long negotiations between European heads of state, the European Council launched a historic aid package to deal with the economic shock caused by the Coronavirus emergency. Let's discuss about it today.

In July 2020, the European Chamber’s Shanghai chapter surveyed its member companies to assess the difficulties they are facing in the current business environment. The survey focusses on challenges resulting from the COVID-19 pandemic, with a strong emphasis on HR issues and access to government support measures.

Dear friends, welcome to Season 2 of Global Vision with Carlo D'Andrea, this week we will be kicking things off with a discussion about the latest updates in regards to the EU-China trade relationship, especially in light of the EU-China Virtual Business Summit held on September 14th as well as a general overview of developments of the COVID-19 outbreak in China.

In recent years, a handful of Chinese companies have emerged as global innovators and have joint forces in order to achieve a unified goal. Zhejiang province, where internet giant Alibaba is located, just pledged a $17 billion commitment to driving technology over the next five years. This group includes companies such as Alibaba, Haier, Baidu, and Tencent. These companies are challenging the R&D strategies of foreign companies and are leaders in making ideas commercially viable, let’s discuss this topic today.

An increasing number of luxury brands have chosen to sell their products through WeChat mini programs, which makes it easier and more controllable to provide online shopping services and to avoid the difficulties of finding and loading official websites. Since 2016, luxury brands have taken the lead in WeChat sales and have achieved interesting results. At the same time, under the mode of brands using WeChat mini program for sales, certain problems tend to appear. Whether WeChat is an online trading platform, how to determine the legal liability boundary of platform operators and how to define the ownership and intellectual property of the mini programs, let's discuss these issues in depth.

Consumer spending in China during the Golden Week holiday rose this year, indicating the path to steady economic growth and elevated consumer confidence. As reported by the Ministry of Commerce, retail and restaurant sales in China were 4.9% higher than last year's Golden Week, and total sales were recorded at 1.6 trillion yuan.  Let's discuss these details in depth.

In recent years, China has aimed to overcome its reputation for being a hub for food safety violations, however, with the emergence of the e-commerce sector, compliance and enforcement will mean it may still continue to be an issue moving forward into the future. Additionally, China has recently been at the forefront of technological advances in food traceability as new opportunities for international cooperation and legislative changes seek to alter the future of food safety in China. Let's check it out

A full-scale reform plan has been unveiled in the city of Shenzhen, as the Special Economic Zone (SEZ) marks its 40th anniversary. On October 11th, 2020. The pilot reforms focus on areas such as the legal and business environment, further opening of the economy to foreign investors, technology, environmental protection, and urban space governance. Let's discuss it today

After 8 years and 21 rounds of negotiations, China and 14 other Asia-Pacific countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, Australia,, Japan, New Zealand, and South Korea) have signed what could potentially be the world's largest trade agreement, the Regional Comprehensive Economic Partnership (RCEP) on November 15th, 2020 via the Vietnam-hosted virtual ASEAN Summit. Lets check it out!

Among our brands for Italian Design Icons 2020, we had Ansaldo Breda, Casappa, Comau, Ducati, FAAM, iGuzzini, Itema, Maserati, Pirelli, Poltrona Frau, Technogym, and UFI Filters. Along with them, a series of renowned companies, universities and media partners joined us for exclusive lectures, where top Italian designers, architects, professors and key opinion leaders had the opportunity to share their vision of a future where sustainability and style may harmoniously coexist. Lets discuss it further this week!

Pudong New Area in Shanghai celebrates its 30th anniversary since the start of its development and opening up. In 1990, the Chinese Government made a decision to transform a rural area of Pudong into a modern, world-class district by transforming it into a ‘new development zone’. The zone was a pioneer of China’s first opening-up policies and reforms. Lets discuss the next steps for the area today

China is India’s second biggest trade partner behind the United States (US), and as a result, India is heavily dependent on China in matters of trade, technology and investment. However, since the spread of COVID-19 in India, the economic and political relations between the two countries have gone through significant changes, with the introduction of several trade sanctions against China by India. Today, let's analyse how India is attempting to reduce its dependence on China and the potential implications for European companies

After lengthy consultations as well as many rumors and leaks, the European Commission recently released two new legislative initiatives: the Digital Markets Act (DMA) and the Digital Services Act (DSA). Both of these acts represent the first major overhaul of E.U. internet legislation in the 21st Century and as part of the new European Digital Strategy, the European Commission will upgrade the rules governing digital services in the EU with European values at its core, let’s check them out today!

On December 19th, 2020, The National Development and Reform Commission of China (“NDRC”) and the Ministry of Commerce (“MOFCOM”) jointly issued the “Measures for the Security of Review of Foreign Investment” (Hereinafter referred to as “the Measures”), which will take effect from January 18th, 2021. The purpose of the Measures is to review foreign investments & their possible impact on the national security of the People’s Republic of China. Since the promulgation of the New Foreign Investment Law at the beginning of 2020, which clearly stipulated the establishment of such a security review system, it is of no surprise to see the promulgation of the Measures in 2020. We will therefore highlight some of the main aspects of note from the Measures for your reference.

After seven years of negotiations (a total of 35 rounds of talks between the parties), the EU and China have reached political approval of the EU-China Comprehensive Agreement on Investments (CAI) on December 30th 2020. Lets examine the main aspects.

Litigation between these two parties tells an all too familiar story for foreign brands investing in the Chinese market, in which opportunistic counterfeiters take advantage of the reputation of a brand, imitate their products and ultimately deceive the public with products of inferior quality, which may bring safety hazard to final users.

With over 560 Million internet users, India is the second largest online market in the world, ranked only behind China. In its recent report titled ‘Global Internet: E-Commerce's Steepening Curve', Goldman Sach's has reported that the growth rate of the e-commerce sector of India for each of the next four years, would outdo the equivalent of developed countries like the US, the UK, countries in Europe, Brazil, and China. It has also reported that India's e-commerce industry is likely to reach $99 Billion in size, while the online penetration of retail is expected to more than double to around 11 per cent by 2024 from 4.7 per cent in 2019. Lets discuss it!

On February 2nd, 2021, Tiktok purported that it had filed litigation in Beijing's Intellectual Court against Tencent over alleged monopolistic behavior, with a claim amounting to a sum of RMB 90 million. As one of the most popular Chinese short video apps, Tiktok has approximately 600 million daily active users. Tencent, as one of the biggest social media giants, is the operator of both QQ and WeChat, two of the most popular social media apps in China. Let’s discuss this ongoing battle of the internet giants today!

Since 1982, Italy has changed their Prime Minister 21 times, in today’s episode we welcome Mr. Mario Draghi as the new Prime Minister of Italy and we discuss the reasons that brought about this change in the Italian government. We will speak about the Chinese New Year of the Ox traditions and also about the ending of Trump’s second impeachment procedure and much more. We hope you have a good time listening to our new episode. Website: https://www.carlodandrea.it LinkedIn: https://www.linkedin.com/in/cdandrea1/ Twitter: https://twitter.com/DAndreaCarloD Facebook: https://www.facebook.com/carlo.d.dandrea Instagram: carlodiegodandrea

On February 3rd, the Shanghai police announced that after three months of careful investigation they had arrested 14 members of Renren ( The “Chinese Netflix” ) a well-known fan-subtitle group engaged in copyright infringement. The police force brought Renren to justice for their extraordinarily large-scale acts of trans-provincial copyright infringement of film and television works. Heated debates have flooded Chinese social media platforms in recent weeks about this case, lets discuss it in depth! Website: https://www.carlodandrea.it LinkedIn: https://www.linkedin.com/in/cdandrea1/ Twitter: https://twitter.com/DAndreaCarloD Facebook: https://www.facebook.com/carlo.d.dandrea Instagram: carlodiegodandrea

Russian Sberbank (Sber), the largest Russian banking and financial services company with more than 100 million customers, has recently announced its plans to issue its own digital currency named Sbercoin. The bank has also sent an application to the Central Bank of Russia for the approval of Sber’s own blockchain-based digital asset service platform at the beginning of 2021. Should the approval process pass through all necessary examinations and trials, it is anticipated that Sbercoin will be officially launched within this month. Lets discuss it today! Website: https://www.carlodandrea.it LinkedIn: https://www.linkedin.com/in/cdandrea1/ Twitter: https://twitter.com/DAndreaCarloD Facebook: https://www.facebook.com/carlo.d.dandrea Instagram: carlodiegodandrea

In the past 5 years, the Government of India has introduced a series of reforms to boost the development of the manufacturing sector. Along with continued policy support, high demand potential, governmental support on the improvement of infrastructure, relaxations in relation to FDI, industry specific policies, incentives and subsidies, it’s no wonder that an increased number of foreign investors have been seeking to invest in the manufacturing sector of India. Lets discuss it today! Website: https://www.carlodandrea.it

The labor market never stops evolving, especially during this critical period of the Covid-19 pandemic in Italy. Due to the steady decline in the job market and the huge increase in the demand for food and grocery delivery services, the employment rate for this sector has grown by 55% in comparison to data from 2019, according to the B2C e-Commerce Observatory. In light of the above, it is not surprising that issues regarding the contractual conditions of delivery workers are generally deemed as unfair on account of their formal status as “autonomous workers” – which has gained central focus in both public debate and in the courtrooms. Lets discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

In China, maintaining good health is a top priority, the country even advocates national fitness, regardless of age, in order to improve both national fitness and health levels. Statistics show that about 400 million Chinese people have daily fitness and exercise habits. In this context, China's fitness market is also booming, especially under the influence of the COVID-19 outbreak last year, people have become more aware of the importance of health and fitness. Lets discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

In general, digital currency can be divided into three distinct types, cryptocurrency, virtual currency and central bank digital currency (“CBDC”). Nowadays, when people talk about digital currency in China, the focus is shifting towards CBDC, which is issued by the central bank of the country. Let's discuss it further today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

In March 2020, Anthony Levandowski, a leader in the self-driving car technology in Silicon Valley, was sentenced to 18 months in prison for trade secret theft. He had previously helped develop Google’s self-driving cars and was accused of stealing Google’s trade secrets and using them for Otto, a company he founded after leaving the tech giant. The Levandowski case can be classified as one of the most high-profile recent examples of classic trade secret infringement behavior. Let's discuss today about the importance of protecting your company's trade secrets Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

With the exponential development of the financial and technology sectors, the popularity of virtual currencies or cryptocurrencies has significantly increased in India and throughout the globe. As of March 2021, market experts estimated that the range of cryptocurrency holders in India varies from approximately 6 million to 10 million with their holdings in the form of cryptocurrencies amounting to a massive US$ 1.4 Billion. Let's discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  

I’d like to announce that I have formally submitted my candidacy as National Vice President of the European Union Chamber of Commerce in China (EUCCC) at the upcoming election on May 27th, 2021 in Beijing. After four years as Chairman of the board of the EUCCC Shanghai Chapter I have realized that there is still a lot more work to be done in the areas of market access barriers, equal treatment and attaining reciprocity for our members at all levels, from SME to MNC, in order to not only be competitive but to thrive in the Chinese marketplace. Let's discuss the programme in detail today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Please find the link below to the video presentation of our programme: https://eucccvideo.europeanchamber.com.cn/b1933fbbdb74465892ed93ddc31238af/70e61a902ca04cec84e2aafab00ae2cb-71ee68dbca6ce10b5a4dcfcfc064d40c-ld.mp4

This exclusive 3 - day IDI exhibition will focus on the topic of “Style and Sustainability” and will showcase a splendid collection of internationally acclaimed Italian brands, putting the spotlight on their innovative projects and products combining sustainability with the quality of Italian style. This year's edition, the third in South-West China, will see the participation of top-tier brands of the likes of Ansaldo Breda, Casappa, Comau, iGuzzini, Gruppo Cimbali, Maserati, Pirelli, Saic Fiat Powertrain Hongyan (SFH), and UFI Filters. Throughout the 3 days of the exhibition from June 4th to June 6th, our guests will have the opportunity to participate in exclusive lectures given by our iconic brands' representatives and partners, who will share their ideas and vision about innovation for a more sustainable society and new methods of industrial design. See you there! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD http://www.italiandesignicons.com http://eastant.it

In the past two decades, the augmentation in the Artificial Intelligence and advanced disruptive technologies sector has played a key role in upscaling the social and economic development in the United Arab Emirates. The AI sector of the UAE has vectored a myriad of advanced projects such as the creation of the Dubai Internet City, the usage of the renewable city in Masdar City and the Emirates Mars Mission. Fostering the development of these smart technologies such as robotics, blockchain technology and the Internet of Things has the potential to further fuel UAE's economic competitiveness, growth and flexibility. Let's discuss it today!

On June 1st, 2021, the revised Copyright Law came into force. Over the past ten years, the three revised amendments clearly outline the target to create a new law aligned with the digital economy, with an eye on both the global marketplace and the future. The new CL fully strengthens the protection of copyright owners and creators in the new digital age. Let's discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

The renewable energy sector of India has been ranked as the third most attractive renewable energy market in the world by the 57th Renewable Energy Country Attractiveness Index released by Ernst and Young. With the second largest population in the world, India will have an energy demand of approximately 15,820 Terawatt-Hour (“TwH”) by 2040 and unsurprisingly, renewable energy shall be catering to a significant portion of this requirement. Let's discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

According to Satya Nadella, CEO of Microsoft, the pandemic has accelerated digital transformation by almost a decade. The digital era has come to be. Globally, there has been a push toward more robust rules to protect consumer data and privacy, as well as to safeguard important information from corruption, compromise or loss, and China is no exception. Indeed, China's regulatory framework on data protection is in the process of an update and there has been significant progress in the field of data protection legislation in recent years. Let's discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss  

With the second version of the draft Personal Information Protection Law (PIPL or the Draft) period for public consultation now closed, and with personal information data increasingly a hot button topic globally amid cybersecurity investigations into popular apps' illegal collection and use of users' personal information, all eyes are fixed on the upcoming third (and final) draft, which will govern the personal data of China's 989 million internet users. Let's discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

Last year, Tencent announced plans to merge Huya and Douyu, however, on July 10th, 2021, The State Administration for Market Regulation (“SAMR”) stated that it would block the merger on antitrust grounds. This is a substantial development, as it is the first time the Chinese government has blocked a merger in the tech sector for antitrust reasons, lets discuss it today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

Since last year, a string of Chinese internet heavyweights, including Alibaba Group Holding, Tencent, JD and Suning.com, have been investigated or fined for alleged monopolistic behavior. On October 8th, 2021, the State Administration for Market Regulation (SAMR), China's top market regulator, imposed a huge fine  on food delivery giant Meituan for its monopolistic behavior.  Big internet platform companies shall realize that they need to take more care of their business policies to avoid antitrust punishment. Let's check in details the Meituan case. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

The new Personal Information Protection Law has already entered into effect from Nov 1st, 2021. With personal information data increasingly a hot button topic globally amid cybersecurity investigations into popular apps' illegal collection and use of users' personal information, all eyes are fixed on this new Law which will govern the personal data of China's 989 million internet users. Let's discuss it today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

Geo-political tensions, strong policy moves and a global pandemic have given rise to shifts in the private equity (PE) market in China for foreign investors, with industry sources reporting a steady decline in new international investors or even divestiture of China holdings. However, there may be light at the end of the tunnel. Let's discuss it today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/s?k=Carlo+Diego+d%27andrea&ref=nb_sb_noss

The People's Republic of China is the world's largest e-commerce market, with over 800 million Chinese netizens on a daily basis and e-commerce transactions reaching 11.76 trillion RMB (equivalent to 1.6 trillion euro) in 2020. These are just a few of the reasons that have driven us to write this new practical guide. In this episode, we will outline the main content of the book and explain why it is so important for you to read it! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2

The European Commission, the executive arm of the EU, announced a new European Chips Act (The Act) on February 8th, 2022, that will enable 15 billion euros in additional public and private investments until 2030. This is on top of 30 billion euros of public investments that had previously been planned from various sources. Let's discuss it today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2

The European Commission have recently published the proposal for a Directive on Sustainable Corporate Governance, which aims to ensure that the activities of European companies regarding human rights and the environment will be under closer compliancy requirements while also allowing consumers and investors an increased level of transparency. While such action has previously been taken by several individual EU member states, the European Commission is now looking towards a more measured and large-scale approach with this Directive. Let's discuss it today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2

On 24th June 2022, China's amended Anti-monopoly Law (AML) was adopted (after more than two years in the making), and took effect on 1st August 2022. This is a notable landmark for the legal sector, as it is the first amendment to the AML since the original law was introduced 14 years ago as China's first comprehensive competition law. Let's examine today how the amended law expands the legal framework for authorities to pursue anti-competitive behaviour by companies and administrative agencies, while also internationalising and modernising the approach to anti-trust law in China. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2  

It should come as no surprise for international businesses that receiving payments from their Chinese counterparties can be a long and cumbersome process. This is especially relevant for overseas companies that do not have a permanent establishment in China in the form of a foreign direct investment, such as a limited liability company or a joint venture. Therefore, for the convenience of both Chinese consumers and overseas sellers, certain banks in China offer a special type of bank account which is available to be opened exclusively by non-resident legal entities. This type of bank account is known as a non-resident bank account or NRA, and it can be opened in one of the People's Republic of China's (PRC) banks. Lets discuss it more in depth today! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/COMMERCE-CHINA-Doing-business-China-ebook/dp/B09N3DZWGB/ref=sr_1_2?crid=2JIWP6K94MO8B&keywords=e-commerce+in+China&qid=1644894411&sprefix=e-commerce+in+china%2Caps%2C318&sr=8-2

After more than 8 years of implementation of the Vietnam Land Law 2013 (45/2013/QH13), important results have been achieved on land management, with a comprehensive, stable, and practical legal corridor for the exploitation and use of land which laid the foundation of the Vietnamese real estate market and making positive contributions for socio-economic development of this emerging country. Let's discuss it more in depth today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/gp/product/B097MW89R8?ref_=dbs_p_mng_rwt_ser_shvlr&storeType=ebooks  

The Foreign Investment Law (“FDI law”) has been effective since 2020 which has replaced the previous 3 foreign investment related laws and become the new milestone for foreign investment management trends in China. Foreign-invested companies in China have been experiencing a transitional period and may have adopted certain changes to follow the new rules. The Chinese government has also delivered its concerns to foreign investors and issues various policies accordingly. This episode aims to brief the significant impacts, from both legal and financial perspectives, on foreign-invested companies resulting from the FDI law as well as the investment circumstances.  Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

The eastern and southern regions of China have long been the traditional powerhouses for foreign investors, leading to a large disparity with more inland regions in terms of market development. China has sought to rectify this imbalance through initiatives such as the Western Region Land-Sea Corridor, Belt and Road projects and the Western Region Development Strategy. From January to August 2022, the western region reported a 43 per cent surge in foreign investment. Despite this, such levels need to be placed in context: the low base of foreign investment in the region the previous year is a factor in this disproportionately high level of growth. Let's discuss what can be done tackle them to alleviate the concerns of European investors. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD Amazon: https://www.amazon.com/gp/product/B09TQTQFRC/ref=dbs_a_def_rwt_bibl_vppi_i11

Italy, and Europe more generally, is a global benchmark for the automotive industry as home to several of the world's largest and most iconic car companies. In this period of economic recovery, following re-openings and the easing of restrictive measures, both the Italian government and foreign companies have decided to focus on this important sector for the national industry. Let's discuss it more in depth today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD

The G20 summit held in Bali, Indonesia between November 15th- 16th was significant in it's indications on how the most powerful nations of the world aim to tackle the most pressing issues of are time, from geo-political concerns, climate change, digitalization as well as diplomacy amongst the attendants. For China, the trip to Indonesia was one of President Xi's first appearances at a major global gathering outside China in recent years, a milestone that was not lost on occasion as the Chinese side aimed to reintegrate and coordinate with leaders from around the world on a variety of aspects. We'll examine Post-G20 what are the new indicators in terms of China-US relations, as well as what this summit means for the E.U. moving forward. Here we go! Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2  

On April 18th, 2023, the European Parliament approved the legislation for the implementation of a Carbon Border Adjustment Mechanism (CBAM) as part of the European Union's (EU) “Fit for 55 in 2030 package”, which is aimed at reducing greenhouse gas (GHG) emissions by 55 percent before 2030. From this mammoth legislative change, we have the EU & China at an interesting crossroads in the global race for carbon neutrality, but where do China and EU interests intersect on climate action and how will EU/Chinese businesses involved be affected? Lets dive into the matter further in this latest episode. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

European companies have long since recognised that China's R&D ecosystem is increasingly vibrant and has many advantages over the rest of the world. Among the advantages most commonly cited are the number and variety of collaboration partners, as well as inventive scientists and researchers. Wide praise from European investors also extol the size of the market and the fast pace of commercial application of R&D results. As the nature of China-based R&D activities matures, so too have the attitudes of European companies, which had previously viewed innovation in China as almost exclusively for localization of products developed in their home markets. Let's take a closer look at how innovative companies in China operate on the ground and how European companies are faring in this highly competitive market. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2  

On July 13th , 2023, the National Internet Information Office and other departments jointly issued the Interim Measures for the Administration of Generative Artificial Intelligence Services ("Measures"), implemented from August 15th, 2023 onwards and putting forward detailed compliancy requirements in terms of content, data and algorithms. It is notably the first regulatory document for artificial intelligence generated content (“AIGC”) in China.  Let's take a closer look at this new regulation today. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2  

In order to further optimize the Chinese foreign investment environment and attract more foreign investment, China's State Council has issued “The Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Intensifying Efforts to Attract Foreign Investment” (the “Opinions”). These 24 guidelines provide clear directives and policies to local governments to increase the protection of the rights and interests of foreign investors. Let's discuss it today!   Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

China has officially acceded to the Apostille Convention. This will save time and costs for companies and individuals, as foreign documents for use in China will no longer need to undergo multiple rounds of authentication by different authorities. Let's discuss it today.   Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

In the recent years Italy has increasingly attracted the interest of investors who are willing to actively enter the market through the set up of company in Italy or the acquisition of existing entities in various sectors in which Italy has its forte such as fashion, mechanical or automotive sectors, to name a few. Since many years Italy has desired to facilitate and attract foreign investment by guaranteeing the issuance of a special visa. For the first time in the year 2017, Italy launched its program to introduce the so called Visa for Investors, also called as “Golden Visa”, which is a five-year title reserved to those make strategic investments in Italy. Let's discuss it today   Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

Cross-border e-commerce (“CBEC”) is an umbrella term for cross-border e-commerce retail imports and exports. Cross-border e-commerce retail import refers to the process whereby consumers in China purchase goods from abroad through a cross-border e-commerce third-party platform operator and transport them into the country using either online bonded import (Customs Supervision Mode Code 1210), online bonded import A (Customs Supervision Mode Code 1239) or direct purchase import (Customs Supervision Mode Code 9610). In recent years, China's cross-border e-commerce retail import and export has grown rapidly, due to the expansion of the 2020 cross-border e-commerce retail import pilot program to 86 cities and the Hainan Island. The program has not expanded to all Pilot Free Trade Zones (FTZs), cross-border e-commerce pilot zones, comprehensive bonded zones, import trade promotion innovation demonstration zones, and bonded logistics centers in the city and region. Today will focus on the legal and fiscal matters involved in cross-border e-commerce retail imports under the model of online bonded import. Website: https://www.carlodandrea.it Twitter: https://twitter.com/DAndreaCarloD  Amazon: https://www.amazon.com/gp/product/B091SJLM2N/ref=dbs_a_def_rwt_bibl_vppi_i2

The fashion and luxury market in China remains one of the largest and most dynamic in the world. The Chinese fashion market presents both challenges and opportunities for multinational brands looking to establish a presence in China. To achieve long-term growth and success in China, multinational brands must adapt to the complex regulatory environment, understand Chinese culture and consumer preferences, and adopt the right tools and strategies. Let's discuss it today!   Website     Twitter Amazon

The AI Act transposes European values to a new era. By focusing regulation on identifiable risks, today's agreement will foster responsible innovation in Europe.  "Our AI Act will make a substantial contribution to the development of global rules and principles for human-centric Artificial Intelligence”, this is how Ursula Von Der Leyen - President of the European Commission - commented on the agreement reached by the European Institutions on the AI Act on December 9th, 2023, after a negotiation that lasted nearly 36 hours. Let's discuss it in more details today  Website     Twitter Amazon  

Following approval by the Standing Committee of the National People's Congress on December 29, 2023, the revised Company Law of the People's Republic of China (the “New Company Law”) is will take effect on July 1, 2024. This revision marks the most comprehensive and substantial amendment to the Chinese Company Law since its enactment in 1993, nearly 30 years ago. The New Company Law will significantly impact the operations of foreign-invested companies in China. Drawing on our experience serving foreign-invested companies, this article aims to provide an overview of the major issues in the New Company Law for the reference of such companies. Let's discuss it in more details today! Website     Twitter Amazon