China looking ahead: A changing global environment

KPMG China’s Head of Tax Lewis Lu discusses issues relevant to businesses operating cross-border with China.

The 2019 Year of the Pig has been a striking period of evolution, both for China’s domestic economy and for its trade and investment relationships with the wider world. This has implications for the Chinese tax environment. China’s economy is on course for a gross domestic product (GDP) growth rate of 6.2 percent in 2019, the lowest in 30 years. This is providing added impetus to structural reforms that include an accelerated liberalisation of restrictions on inbound investment, and efforts t...

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Published Date: 06 December 2019