However there are many challenges facing businesses as the Chinese economy develops. Chinese companies are expanding internationally and building global businesses. And investing in China requires an understanding of China's different regions, business practices, history and culture, as well as how central legislation will affect local operations.
KPMG has a dedicated Global China Practice (GCP) to assist clients in addressing these challenges. The Global China Practice (GCP) links nearly 60 local China Practices around the world, so that a China expert is never far away. Located in key investment hotspots, the China Practice teams include locally based Chinese speakers and other professionals with strong cross-border China investment experience. They are familiar with Chinese business practices and the local investment environment, allowing them to effectively communicate between Chinese businesses and local businesses as well as government agencies.
The China Practices assist investors with both inbound and outbound China investments, as well as matters across the investment life cycle, including market entry strategy, location studies, investment holding structuring, tax planning and compliance, supply chain management, risk and IT issues, and post-deal integration.
The local practices are connected by a central GCP team based in Beijing, responsible for business development, marketing, and forward-thinking research and insights on cross-border investment issues.