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In focus. What the 2026 catalogue means for cross-border M&A, joint ventures and greenfield entry into the mainland market.
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China Ends 32-Year Dividend Tax Exemption for Foreign Individuals: Who Actually Pays More
税
China Tax & Cross-Border Investment

China Ends 32-Year Dividend Tax Exemption for Foreign Individuals: Who Actually Pays More

7 min read

From 1 September 2026, dividends paid by foreign-invested enterprises to foreign individual shareholders are taxed at 20 per cent, ending an exemption in place since 1994—with no transition period and no carve-out for profits already accumulated. Official commentary suggests most investors will see no net increase. A client alert on who actually pays more, why treaty relief must be claimed before payment, why restructuring is not a free exit, and what FIEs and their shareholders should do now.

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Hainan Island: An Aircraft Carrier for Free Trade
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Foreign Direct Investment

Hainan Island: An Aircraft Carrier for Free Trade

8 min read

With its island-wide special customs regime in force since December 2025, the Hainan Free Trade Port has moved from policy blueprint to working economic pilot. An assessment of the dual-border “first line, second line” model, the concrete opportunities now open in trade, healthcare, tourism and advanced industries, and the governance risks that will decide whether China’s most consequential opening-up experiment succeeds.

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Prosper Together Under Common Rules: APEC 2026 and the Legal Foundations of the Asia-Pacific Community
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APEC 2026 & Cross-Border Rule of Law

Prosper Together Under Common Rules: APEC 2026 and the Legal Foundations of the Asia-Pacific Community

8 min read

As APEC’s 33rd Economic Leaders’ Meeting heads to Shenzhen on 18–19 November 2026, what matters is not the consensus the summit declares but whether it rests on rules that hold. A commentary on what the host year can deliver, why cross-border legal connectivity determines the depth of regional integration, what recent U.S. court confirmations of Shenzhen-seated SCIA awards show about enforcement, and the role Chinese lawyers play between two legal systems.

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A Second Set of Eyes: A Former General Counsel's Perspective on Secondary Outside Counsel
验
Practice & Perspective

A Second Set of Eyes: A Former General Counsel's Perspective on Secondary Outside Counsel

9 min read

Part four of a four-part series. Should a company satisfied with its existing counsel nevertheless maintain a relationship with a second firm? The answer is generally yes — not from dissatisfaction, but because loyalty should never eliminate independent judgment or optionality. On second opinions as good governance, and why the case is strongest precisely when the stakes are highest.

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