Tag: russell brown

Accountancy firm LehmanBrown briefed the market, and CT, in August, outlining the key points of China’s Circular 642 covering receipts and payments linked to cross-border capital.

China’s finance ministry has proposed eliminating audit licences for overseas-listed Chinese companies, throwing into doubt Alibaba’s planned IPO. Experts suggest state secret security could be a factor for the escalating tension.

Regulators in China have revised a requirement that foreign-invested enterprises (FIEs) undergo a joint annual inspection, in favour of an online report procedure.

To ensure you don’t get a stern ticking off from a regulator, CT asked Russell Brown, of accounting firm Lehman Brown, his top tips on successful cross-border payment with China.