Is China Losing Its Work Ethic? Olympic Golds Prove Otherwise
The stories of Olympic athletes like Quan Hongchan and Hou Zhihui are not just inspiring anecdotes but reflections of China's hardworking culture.
Kinyu
3 Ways Doing Business in China Is Like Entering a Parallel Universe
The recent CrowdStrike outage, which disrupted cybersecurity services across North America and Europe, barely registered for those of us doing business in China. Why? Because CrowdStrike, like many Western tech firms, doesn’t have much presence in China. You have likely…
Annual Leave in China Explained
Let’s face it: Everyone needs a break sometimes. If you’re managing a team in China, here’s what you need to know about annual leave policies. In China, the longer you’ve worked, the more vacation days you get. This is separate…
Kinyu Brings Flexible China Hiring Services to Shanghai
SHANGHAI, Aug. 7, 2024 – Kinyu SCM, China’s only supply chain-focused employment solutions provider, is proud to announce the opening of its new Shanghai office. The Shanghai region, China’s top financial hub and international centre, handles over 40% of the country’s…
Is China’s Yangtze River Delta Plan Living Up to Its Promise?
China's Yangtze River Delta integration plan, now five years old, shows mixed results. While aiming to unite a powerhouse region of 240 million people, it faces hurdles from local competition and red tape. Will the plan succeed?
Kinyu Joins British Council’s Effort to Strengthen UK-China Youth Ties
Kinyu SCM participated in the British Council’s Mandarin Excellence Programme, which recently took place across several major Chinese cities, including Beijing, Shanghai, Guangzhou and Tianjin. Benjamin King, CEO of Kinyu SCM, was a guest speaker at the Guangzhou event, contributing…
Entity Essentials: China’s New Registered Capital Rules – What to Know Before Incorporating
Welcome back to our Entity Essentials Series, where we highlight key points to consider before setting up an entity in China. This article focuses on recent changes to China’s Company Law that impact registered capital. The 2024 Company Law now…
Entity Essentials: If & When to Open a Company in China
Setting up an entity in China can be an exciting venture, as you build a new operation in a country that you enjoy visiting. Despite the administrative tasks involved, such as signing documents and interacting with various government departments, there…
Social Insurance Essentials for Hiring in China
When hiring employees in China, it’s crucial to consider the country’s complex social insurance system. As an employer, understanding your social insurance obligations is essential when creating your hiring budget, as contributions can range from 10% to 40% of an…
Does Your China Supply Chain Support or Suppress ESG Reporting?
Environmental, Social, and Governance (ESG) principles, remember those? After facing a backlash in recent years, they’ve fallen into seeming obscurity. Yet as regulatory pressure quietly mounts, it’s time for those with China operations to start preparing. In recent years, investors…