The COVID-19 worldwide pandemic has not only affected the economies of most countries, but it has also changed the way consumers think and behave. This latest health crisis has forced companies in China to embrace a more creative approach by establishing flexible work policies, and maximizing technological tools and marketing strategies to allure consumers and reactivate businesses.
HOW DIFFERENCES BETWEEN LOCAL AND INTERNATIONAL ACCOUNTING SYSTEMS MAY AFFECT YOUR CHINA BUSINESS
During recent years there has been an increased interest by foreign investors to establish a presence in China, the second largest market in the world. This initiative, while extremely promising, can be difficult at times given the differences between Chinese regulations and international business standards. One of the areas that represents the biggest challenge for foreign companies is the Chinese system of accounting, which differs from the international standards and can be hard to understand and interpret correctly.
Woodburn Accountants & Advisors, together with Elanders Group and Steinkellner China Search is offering a series of COMPLIMENTARY webinars on how to develop your eCommerce strategy from protecting your brand on the eCommerce platforms to designing your effective business model to understanding the full logistics and warehousing process to finding the right people to enhance your eCommerce strategy.
We will provide you with information and tips to enrich your China business skills and enhance your market entry efforts to achieve accelerated growth in the Chinese market.