In China, ‘fapiaos’ or invoices are the most important document for tax reporting. They are considered the ‘gold standard’ for a business’ taxable income. However, Axel Standard argues that this system does not always provide the most accurate picture of a firm’s revenues. 

  How China’s 5G industry has developed so far, and where it might go in the future.

2018 appeared to be a turning point for the European Union in terms of artificial intelligence (AI). In December, the European Commission released a Coordinated Plan on Artificial Intelligence with EU member states. This followed the EU’s earlier decision last year[1]  to increase investment in…

Stuck Between a Rock and a Hard Place

How taxpayers will be impacted and the steps they should take

Long-Term Objectives, Shifting Tactics

On 3rd September 2018, the European Chamber published the re­sults of a survey conducted earlier in the summer.

A Conversation with James McGregor

Getting a handle on the Belt & Road Initiative (BRI) has proven to be challenging: there is no official definition of the geographical scope, no clear development plan or budget, no clear rule for projects to be included and no single branch of the Chinese…

Time to Move Up a Gear