In this China business podcast, Chris Pan, the Director of Supply Chain Management at PTL Group, shares her insights on logistics in China. Listen to learn logistics difficulties foreign firms face and what they should be aware of when planning logistics in China. Jump to the questions:00:45 What are the typical difficulties that foreign firms face…

In this China business podcast, Chris Pan, the Director of Supply Chain Management at PTL Group, shares her insights on the logistics market in China after COVID-19. Get to the main point:01:00 How has COVID-19 affected the supply chain in China?Daxue consulting website: https://daxueconsulting.com/What do you have in mind for your expansion in Chi…

In this China business podcast, Chris Pan, the Director of Supply Chain Management at PTL Group, shares her insights on logistics providers in China. Listen to learn how to choose a logistics supplier, and the difference between third and fourth party logistics companies.Jump to the questions:00:51 What to be guided by when choosing logistics and t…

The food and beverage sector in China is continuing to develop and upgrade. China’s food market size was 114.3 billion RMB in 2019, while the beverage market size was 57.9 billion RMB. With rising incomes and the impact of Covid-19, Chinese consumers are increasingly demanding better health from their food. Beverage brands like Ganki Forest quickly…

In the fourth episode Jasper Zhang, the HR Director of PLT Group, explains how to hire a foreign employee, important matters regarding to the working visa, and tax regulations (social benefits and tax exemption) for foreign employees. 0:49 Process for hiring a foreigner in China2:14 Types of visa foreigners can get in China3:14 Visa that can permit…

This is the third episode of helpful advices for foreign companies from Jasper Zhang, HR Director of PLT Group. Learn more about procedures and crucial matters you need to know when terminating an employment contract with employees in China.1:06 Important remarks concerning the termination of an employment contract2:06 Process before terminating an…

In this episode, Jasper Zhang, HR Director of PLT Group, continues to share with us important information about China’s individual income tax regulations. Two major types of employee tax, IIT and Social Benefits, and their possible future adjustments are elaborated in this video. Besides, Jasper introduces what Hukou is and its influence on employe…

In this episode, Jasper Zhang, HR Director of PLT Group, explains how a company entering the Chinese market should approach localizing corporate culture and employment matters, such as the employee handbook. 0:50 Localization of corporate culture in China2:34 Introduction to the employee handbook and its importance4:11 What should be covered in the…

In this episode Jasper Zhang, the HR Director at PLT Group, introduces the new IIT (individual income tax) Law in China and its impact on foreign employees. Learn more about what adjustments the new IIT Law made, and most importantly, how it will influence the employment of foreigners in China starting January 2022.0:50 The new IIT (individual inco…

An audit manager at Dezan Shira & Associates, Jess Feng, stresses the important changes brought by the new accounting standards in regards to financial instruments. Learn about what financial instruments to use in China’s new accounting standards.00:00 Intro00:32 What are the major changes in the accounting standards regarding financial instruments…

The audit manager at Dezan Shira & Associates, Jess Feng, explains the new accounting standards and their impact on financial ratios and what disclosures to expect. Learn about which industries will be influenced the most by the changes in China’s accounting standards.00:00 Intro00:32 Will financial ratios be significantly impacted?03:40 What discl…

The audit manager at Dezan Shira & Associates, Jess Feng, points out the most essential changes in the new accounting standards in China. Learn about the rationale behind the changes in CAS21.00:00 Intro00:32 What are the major changes in CAS21 and what is the rationale behind?Listen & Subscribe to the Podcast: YouTube: https://www.youtube.com/watc…

The audit manager at Dezan Shira & Associates, Jess Feng, sheds light on what new information can be expected in financial statements due to the new accounting standards. Learn about if the new accounting standards help companies comply with both China GAAP standards and China’s VAT system.00:00 Intro00:32 What new information can investors expect …

This is the third episode where the audit manager at Dezan Shira & Associates, Jess Feng, breaks down the revenue recognition in the new accounting standards in China. Learn about how the new accounting standards in revenue affect businesses in China and which enterprises are impacted.00:00 Intro00:33 How does the new revenue standard affect enterp…

This is the second episode where audit manager at Dezan Shira & Associates, Jess Feng, breaks down the revenue recognition in the new accounting standards in China. Learn about the major stages of the Five-Step Model Framework in the new accounting standards.00:00 Intro00:34 What are the five stages of the Five-Step Model Framework for revenue reco…

This is the first episode where audit manager at Dezan Shira & Associates, Jess Feng, breaks down the revenue recognition in the new accounting standards in China. Learn about the major changes in the new accounting standards of CAS14. 00:00 Intro00:34 What is CAS14 and what are the major changes in the accounting for revenue recognition?daxue cons…

The audit manager at Dezan Shira & Associates, Jess Feng, answers questions about the new accounting standards in China. Learn about the differences and similarities between the new Chinese standards and IFRS or GAAP. 00:00 Intro00:43 What’s new in the new accounting standards02:42 Are Chinese standards close to IFRS or GAAP? To what extent the new…