Long term expertise in international tax consulting with specific focus on East Asia and emerging markets, providing clients with due diligence, tax and advisory services.
PhD Researcher at Shanghai University, he has been Adjunct Associate Professor at XJTLU and has taught taxation at Peking University, Shanghai Jiao Tong, Tongji University and Hult Business School.
Tax Advisor and CPA specialized in international taxation at IBFD Kuala Lumpur, Post-graduate degree from UIBE Beijing.
He is based in Shanghai, where he focuses on business and tax law, assisting foreign investments in China and East Asia. He is an auditor and an advisor for several corporate groups and he is partner and Head of Tax of the consulting firm RSA, specializing in Asia and emerging countries.
Lorenzo has covered roles in the governance of institutions, multi-national companies and non-profit organizations including roles as directors and supervisor in Asia for groups like Giorgio Armani, Trussardi, Max Mara, Biesse, Parmalat and others.
Lorenzo Riccardi has published extensively on business and tax law and foreign investments in Asia, being a columnist, scientific committee member of several journals and author of publications in different languages.
During his career he has been recognized as:
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Member American Institute of CPAs (International Associate) - USA
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Member Australia CPA - Australia
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Member CNDCEC, Association of CPAs - Italy
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Member National Association of Auditors, Registro Revisori dei Conti - Italy
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Member Hong Kong Institute of CPAs (International Affiliate) - Hong Kong, SAR China
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Vice Secretary - Committee on Emerging Economies, Shanghai Society of World Economy
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Treasurer China-Italy Chamber of Commerce
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Board Director China-Italy Chamber of Commerce
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Board Director Italy Vietnam Chamber of Commerce
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Chair SPWG China-Italy Chamber of Commerce
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Secretary General Italian Scholar Association in China
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Member Thai-Italian Chamber of Commerce
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China Representative, Unimpresa
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Chairman of Vespa Club China
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Economic Attaché Consulate of Vietnam in Italy
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Member of Research Center on Contemporary China (CSCC)
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Business Grand Tour wants to recapture the concept of the historical Grand Tour, with a modern and economic perspective.
In our 21th century, countries and people are getting more connected and economies are developing thanks to the globalization. New technologies and the development of the means of transport made easier the communication and movements among countries.
In this context, Business Grand Tour aims to discover countries from an economic point of view, with a focus on their strengths, opportunities and specific features and analyzing how they are dealing in an increasingly globalized world.
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
Sources: World Bank, International Monetary Fund,
EY, RsA Asia
CHINA
It is the world's second largest economy by nominal GDP. China’s economy remains “mostly unfree” but benefits from integration into the global economy. There is little momentum for reform, and state-owned enterprises still dominate the financial sector and many basic industries. Moreover, The overall regulatory framework remains complex, arbitrary, and uneven. The state uses control of the financial system to manage the economy. The government owns all large financial institutions, which lend according to state priorities.
INDONESIA
Indonesia has the largest economy in Southeast Asia and is one of the emerging market economies of the world. The country is also a member of G-20 major economies and classified as a newly industrialized country. Its GDP per capita however ranks below the world average. To attract more foreign investment, the government is upgrading power and other infrastructure. Indonesia made starting a business easier in 2016 by abolishing the minimum capital requirements for small and medium-size businesses and enacting other reforms.