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What you need to know about rent exemption for small and micro enterprises in China

The recent wave of COVID-19 in China has severely impacted many business operations. With area or city-wide lockdowns and confirmed cases rapidly increasing per day, businesses are facing cash-flow and staff shortage challenges. The State Government has released several policies to support businesses especially small and micro enterprises during this period. Namely, applicable enterprises can…

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What you should know about Anti-Money Laundering in China

The International Monetary Fund estimates the total amount of laundered money to be 2-5% of the global GDP in one year. Money laundering refers to transforming illegal money generated from criminal activity(such as drug trafficking, extortion, illegal arms sales, insider trading, fraud and so) into legitimate money. Such illegal actions are considered in most jurisdictions…

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Q&A with Dr Roberto Gilardino on the Revised Measures for Cybersecurity Reviews in China

The Measures for Cybersecurity Reviews "("Measures"") was revised by 12 Ministries on 28 December 2021 and comes into effect on 15 February 2022. The Square speaks with Dr Roberto Gilardino, Regional Partner for Asia and Additional Countries, on the implications of revised Measures and application for companies in China. The Square: The Measures focus on…

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