Hong Kong - A Business Platform for Asia
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Welcome to ChinaInvest.biz Magazine - March 2011 Issue

ChinaInvest.biz Media is a division of Klako Group and will be providing monthly insight into investment, tax and operational issues for foreign companies entering and operating in China.

In our March issue we are highlighting the advantages of Hong Kong as an Asian business hub for investors looking to establish a presence in this region. When Hong Kong was handed over to China and changed from a British colony into the "one country - two systems" principle with the Mainland, many wondered how this would effect one of the most important business hubs in Asia.

After its expected political ups and downs of settling into its new role, Hong Kong has proven again, for the 14th consecutive year, its status as one of the most important key locations for trade, finance and regional headquarters - and yet again named as the world's freest economy by the US based 'Heritage Foundation'. For this reason Hong Kong can be considered as a potential Asian hub for many businesses.  Should you have any questions regarding our newsletter, please do not hesitate to contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . We are always looking forward to hearing from our readers.

Labor Law is a relatively new phenomenon in China, with the first comprehensive law passed
in 1994. The new law, adopted by the National People’s Congress (NPC) on 29th June 2007,
looked to redress some of the poor working conditions found in China, particularly for the
average worker. Prior to the passage of this law, most Chinese employee’s in small-medium sized
firms lacked employment contracts. Morever, they were short-term, giving employers the flexibility to
frequently bring in a new, often cheaper hires whenever they saw fit.


Hong Kong - A Business Platform for Asia

"Asia, especially China, is emerging as the world's economic growth engine. Hong Kong is the perfect base from which to access this dynamic market. A uniquely global business city, at the heart of Asia with a Chinese perspective, " it is the perfect description used by HKInvest to attract foreign investors into the region. are feeling the pressure to establish an entity in China. Hong Kong's status as oen of the world's and Asia Pacific's leading destinations for foreign direct investment (FDI) has been reaffirmed by the World Investment Report 2009 released by the United Nations Conference on Trade and Development (UNCTAD) in September.


To read full article, please click here to view the magazine (PDF file)


If you require assistance with the above subject, please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it

All information in this report is verified to the best of our ability and is assumed to be correct at time of release; however, Klako Group does not accept responsibility for any losses arising from reliance on the information provided within.


Free Consultation with China and Hong Kong Legal & Tax Advisors


The directors of Klako Group will be travelling throughout the year to met with partners and clients and to participate in trade and tax-related events. Should readers or clients fo the firm wish to meet our directors face to face during their trips to discuss matters concerning Hong Kong and China business investments, please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Appointments will be made on a first come, first serve basis. The visits of our directors provides an excellent opportunity to all our readers to discuss first hand their own investment potential, opportunities and legal/tax updated for Hong Kong and China in detail.

 

Below is the tentative scheduling for 2011.

 

May 16th-17th 2011: Germany

June 1st -17th 2011: Canada, USA, Mexico

July 25th-29th 2011: Netherlands, England, France

September 26th-30th 2011: Germany

October 12th-31st 2011: India, France, Turkey


To view the schedule, please click here (PDF file)