Agreements worth £600 million that could add £1 billion to the UK economy were secured after Chancellor Rachel Reeves' trip to Beijing, highlighting improved UK-China business relations.
Winnie Cao emphasized that opening the legal services market will enable UK law firms to operate in China, catering to the needs of Chinese companies requiring UK expertise.
New mutual examination exemptions between CICPA and ICAEW may foster qualifications exchange, benefiting both countries’ accountancy sectors by attracting talent and opening outsourcing opportunities.
Cao noted that addressing cultural gaps in tax and accounting rules with UK-qualified finance professionals could ease misunderstandings for Chinese firms investing in the UK.
Collection
[
|
...
]