In the News: Nasdaq Tightens Chinese Listings; China Tax Evasion; and US Closes Tariffs Loophole – China Law and Practice
The latest news includes Nasdaq tightening regulations for Chinese listings, reports of tax evasion in China, and the US closing a tariffs loophole. These developments are important for investors and businesses to keep an eye on. Nasdaq’s decision to tighten rules for Chinese companies looking to list on the exchange comes amid concerns about transparency and accounting practices. On the other hand, reports of tax evasion in China highlight the ongoing challenges of enforcing tax compliance in the country. Meanwhile, the US closing a tariffs loophole shows the government’s commitment to enforcing trade regulations. These updates serve as a reminder of the importance of staying informed and compliant in today’s global economy.