News Snapshot:
China’s expatriate community is growing thanks to the nation’s central position in the global economy. The seventh national population census revealed the number of foreigners living in China for more than three months rose to 845,697 in 2020, from 593,832 10 years earlier. In the first half of 2021, the National Immigration Administration approved 380,000 resident permits for expatriates. Plans by Beijing to reform tax exemptions on expatriate employee allowances, which have since been shelved, have prompted some overseas businesses to consider moving all or part of their operations out of the country. Here is what expat employees need to...
