2023-01-25 13:12:00

Year of the Rabbit: New Laws in China May Affect Foreign Businesses

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By Pr Newswire

Companies looking at China expansion need to know about legal changes that may impact growth plans, according to INS Global.

SHANGHAI, Jan. 25, 2023 /PRNewswire/ -- The beginning of 2023 saw numerous laws and regulations come into effect in China. It's important for foreign companies and investors doing business in China to have a full understanding of these changes that may affect operations or plans for expansion into the country.

To avoid issues, fines or penalties, companies looking at expansion to China should consult an experienced strategic partner like INS Global that has expertise in the country.

Here are examples of just three of several new laws that could impact businesses in China:

New Data Security MeasuresNew guidelines instruct businesses on how they can gather, manage and process data. All businesses offering software and information technology services are subject to the new Trial Measures.

Women's Rights in the WorkplaceThe revised Women's Protection Law includes provisions for recruitment and employer's obligations in the workplace. This includes specific questions you can't raise in interviews such as the marital status of a woman or whether she may be pregnant. There are as many as 30 new provisions that companies need to abide by and train hiring managers for.

Continue read on benzinga.com

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