New Economic Regulations in China and Global Competition

China will implement new regulations on January 1, 2026, affecting global competition.
The European Union is introducing a border carbon tax for imports in carbon-intensive sectors starting January 1. This will also affect Turkey.
The new VAT law will base taxation on the place of consumption, aligning China's tax regulations with international standards. This change aims to increase tax revenues.
Changes in the Cybersecurity Law will support the development of AI systems and tighten security obligations for network operators.
These new regulations will shape the future of international trade and strengthen China's position in global competition.
No comments yet.