In a recent event hosted by the Consulate General of India in Shanghai on 8th May 2024, Mr. Carlo D’Andrea, Vice President and Shanghai Board Chairman along with Mr. Steven Basart, General Manager of the European Chamber, Shanghai Chapter presented the European Chamber’s Position Paper 2023-24 along with the Riskful Thinking Report respectively to the Indian Business Community present in China. The event was led by meaningful discussion on the current business environment along with the opportunities and challenges in the two largest economies of Asia.
Vietnam’s e-commerce market is experiencing rapid growth, making it an increasingly attractive destination for foreign investors. In 2024, the market size is estimated to reach $22 billion, marking an 18% increase compared to 2023, and placing Vietnam among the top three e-commerce markets in Southeast Asia, following Indonesia and Thailand. By 2030, the market is
On December 13, 2024, the new General Product Safety Regulation (GSPR) came into force. This Regulation of the European Parliament and the Council is (EU) 2023/988 of May 10, 2023. It replaces the GSPD Directive 2001/95/EC and introduces a new significant phase in consumer protection in Europe, with the goal— as stated in the first
In a decision that has captured both domestic and international attention, China’s Standing Committee of the National People’s Congress (NPC) has approved a policy to gradually increase the statutory retirement age. Aimed at addressing China’s aging population, shrinking workforce, and economic sustainability, the policy carries significant implications for China’s business community, labor markets, and broader
