​China has recently began transforming its paper-based official invoices, also known as fapiao, into digital versions. Specifically, 11 regions in China were incorporated, by December 21, 2020, in the pilot program on electronic special value-added tax fapiao (or in short, V...

China ends 2020 with a record trade surplus driven by the increase in exports throughout December. The flourishing exports have further fortified the steady economic growth in the world’s best-performing major economy. In fact, exports were up 18.1% YoY in December, while...

Recent events and developments in China promoted the idea that China is considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The country prepares fundamentally to opening-up reforms even further. This is supported ...