China

Policy & Legal Updates

Asia Transfer Pricing Brief Highlights Q2 2026 Updates in UAE, Singapore, and Vietnam

China Briefing reported key transfer pricing updates across Asia and the Middle East for the second quarter of 2026. In the UAE, Ministerial Decision No. 96 of 2026 adopted the latest OECD Pillar Two guidance, while Singapore clarified rules for share-based compensation and Vietnam issued Decree No. 255/2026/ND-CP. Foreign-invested enterprises are advised to review existing intercompany pricing policies against the revised frameworks.

Industry News

ME Council Study Analyzes GCC Investment and Strategic Engagement in Central Asia

A research paper from the Middle East Council on Global Affairs examines expanding economic and strategic relations between GCC states and Central Asia. The study highlights the Gulf's capacity to deploy capital and expertise across energy, critical minerals, and logistics alongside China's regional infrastructure footprint. It recommends strategic investment coordination among the UAE, Saudi Arabia, and Qatar.

Industry News

Sinopec Completes Over 80% of Saudi East-West Gas Pipeline Project Sections

Chinese state contractor Sinopec has completed over 80% of construction on sections six and seven of Saudi Arabia's National Natural Gas Pipeline Network Phase III Project. The contractor has welded more than 678 kilometers of large-diameter pipeline using Chinese-made automated welding and intelligent equipment. Once finished, the 700-kilometer desert route will supply natural gas to King Abdullah Economic City and multiple power stations.

China–UAE News

Investopia Bridge Concludes in Abu Dhabi with Seven Investment Agreements

Investopia Bridge concluded in Abu Dhabi on October 8 with over 800 participants. Seven agreements and memorandums of understanding were signed to expand bilateral investments in new-economy and technology sectors. The event also featured the launch of the 'China-Arab Business and Investment Report 2026.'