Daxue Talks 37: Chinese health and safety rules during the coronavirus outbreak
How Chinese employers have to deal with workplace safety rules upon the coronavirus outbreak? Can employees refrain from remote work? In this episode, Nicolas Coster, a business lawyer, explains how employers in China are impacted by the health and safety rules during the coronavirus crisis. The business lawyer explains some changes in relationships between employees […]
Daxue Talks transcript #36: Regulations shaped by the coronavirus outbreak in China
In this episode of Daxue Talks, Nicolas Coster, a French business lawyer based in Shanghai, discusses the new regulations that have followed the coronavirus crisis. Coster explains the consequences of quarantine and new regulations shaped by the coronavirus outbreak in China. Full transcript below: I am Nicolas Coster, I’m a French business lawyer. I’ve been […]
Daxue Talks 36: The effect of coronavirus on Chinese law: quarantine rules in China
What new quarantine rules in China have been created to face the virus crisis? What effect did coronavirus have on Chinese law? In this episode, Nicolas Coster, a business lawyer, discusses the impact of the coronavirus crisis on Chinese law and gives an insight into the quarantine rules that are being implemented in China and […]
Daxue Talks transcript #35: Coronavirus outbreak and Chinese law: Minimizing the financial impact for entrepreneurs in China
In this episode of Daxue Talks, Nicolas Coster, a French business lawyer based in Shanghai, discusses what Chinese entrepreneurs are legally allowed to do in order to face the financial consequences of the coronavirus outbreak. Among others, he discusses how employers can renegotiate contracts with their employees or what are the consequences for rental cost. […]
Daxue Talks 35: How can businesses in China minimize the effects of coronavirus?
Businesses in China minimize the effects of coronavirus What are the legal rights of Chinese entrepreneurs during the virus outbreak? How can entrepreneurs in China, with the help of legal instruments, minimize the financial impact of the actual crisis? In this episode, Nicolas Coster, a business lawyer, discusses the consequences of the coronavirus outbreak from […]
Daxue Talks transcript #32: How is profit taxed in China and what are the different Chinese VAT rates
Find here Daxue Talks episode 32. In today’s Daxue talk, Matthieu David, the founder and CEO of daxue consulting, discusses the Chinese corporate tax system. You will discover what an entrepreneur should expect in terms of the profit tax and VAT system in China. At what rate is profit taxed? What is the difference between […]
Daxue Talks 32: Understanding the basics of Chinese income tax and tax exemption
In today’s Daxue talk, Matthieu David, the founder and CEO of daxue consulting, shares his knowledge on the Chinese tax system. In this China business talk, you will learn more about the basics of the tax system in China as well as on the tax exemption system that entrepreneurs are facing. What is the income […]
Comparing SARS and Coronavirus economic impact
The novel coronavirus pneumonia (now known as COVID-19) was first encountered in the city Wuhan in December 2019. Like other coronaviruses, COVID-19 can cause various symptoms such as fever, coughing, and shortness of breath. In 2002 and 2003, Severe Acute Respiratory Syndrome (SARS-CoV) plagued China. The novel coronavirus outbreak echos that of SARS in 2003, […]
B2C e-commerce in China Overview: E-commerce in China is growing at a rapid pace
The B2C e-commerce market in China has grown from $229.9 billion in 2012 to $1.5 trillion in 2019 and is projected to grow at an annual 13.8% over the next five years, to $2.8 trillion in 2024. Suc industry is still in the growth phase of its economic life cycle, and in 2019, e-commerce made up 36.6% of total retail […]
Movies in China: The nation soon-to-be the world’s largest box office
If the Chinese movie industry did not immediately adopt the upward trend of other Chinese sectors which have been on since the late 80’s, when it finally did, it did so spectacularly. Starting from 2005, the Chinese movie industry revenue has soared, and new cinema screens took a more than tenfold increase. Today, movies in […]
China Paradigm 92: Riding the wave of China’s sharing economy
China’s sharing economy China Paradigms interviews Hammer Guan founder and CEO of Youbangxin an online platform and a powerful tool for freelancers to showcase their skills. What is the sharing economy and why is Youbangxin functioning in this type of economic sector? How important is transparency for Youbangxin and what makes this platform different from […]
The smartphone market in China: Still largely untapped
The total number of Chinese smartphone users has reached 748 million in 2019. Approximately 53% of the population uses smartphones, leaving much of the smartphone market in China untapped. This number is expected to reach 868 million by 2023. With the sudden prevalence of smartphones in China, smartphone user habits are different in China from […]