HK Economy- Highlight
15 Feb 2019
The new FDI screening framework in the EU is likely to lead to more detailed, onerous and lengthy reviews. Any investment from Hong Kong, whether directly or indirectly from mainland China or other Asian countries, into strategic assets or technologies is, therefore, likely to be carefully assessed to ascertain if foreign investment filings are required or advisable.
Australia remains a standout among developed economies, supported by strong domestic demand and consumption. Yet, this vast and diverse territory with strong presence of international brands presents challenges for new suppliers to enter the market. This article examines the landscape and trends of the Australia consumer market and highlights the opportunities for Hong Kong companies in better expanding and penetrating the market.
Joint mainland-Hong Kong partnership law firms will now be allowed to practise throughout Mainland China, while accredited Hong Kong testing companies may now work with mainland organisations on the testing of China-made goods for China Compulsory Certification (CCC).