Jan. 16 - Over the last week, China Briefing has published several specially-commissioned pieces written by well-known China writers to summarize the key events of 2013 and points to look forward to in 2014. The complete series is summarized and hyper-linked below for your convenience.
China 2013: A Year in Review by Kerry Brown
Kerry Brown is the Director of the China Studies Centre at the University of Sydney and directs the Europe China Research and Advice Network funded by the EU. In this piece, he examines the major themes of the Xi Jinping leadership of China in its first proper year in power. Continue reading
Jan. 3 – Chongqing, a city in southwest China directly administered by the central government, began offering 72-hour visa-free stays for citizens from 51 countries on December 30, 2013. Subsequently, Dalian and Shenyang in China’s northeast Liaoning Province adopted similar policies which came into effect on January 1, 2014. Continue reading
Dec. 12 – China’s General Office of the State Council released the “Circular on the Arrangement of Certain Holidays in 2014 (guobanfamingdian  No.28)” on December 11 and announced the official national holiday schedule for 2014 as follows: Continue reading
Majority equity ownership in China does not always equate to majority control
Op-Ed Commentary: Chris Devonshire-Ellis
Nov. 13 – As the proposed Apollo-Cooper Tires M&A deal continues to go south amid accusations and lawsuits, lessons can be learned from this New York-brokered deal about the perils of ignoring even minority-owned assets based in China.
Cooper, who own 65 percent of a joint venture with state-owned Chengshan Group in China, have been the subject of a US$2.5 billion takeover by Apollo Tires of India. Lessons about structuring this deal, and the importance of getting both political and operational due diligence into M&As, are highlighted by the manner in which this particular acquisition has run into problems. Continue reading
Nov. 11 – The Third Plenary Session (“Third Plenum”) of the 18th Central Committee of the Communist Party of China (CPC) is currently being held in Beijing from November 9th to November 12th. To understand the significance of the Third Plenum – the first since President Xi Jinping took office – it is necessary to understand the historical significance of the CPC, the Central Committee, and Third Plenary Sessions. Continue reading
Op-Ed Commentary: Chris Devonshire-Ellis
Nov. 7 – Over the past three weeks in the United States I have been meeting with many businesspeople, lawyers, VC firms and hedge funds, and when it comes to China, the first questions I’m asked almost always concern reform in China – specifically over the opening up of China’s capital account. Such a move, if it happened, would permit free flow of the RMB into and out of China and introduce a currency fully convertible on the world’s trading floors.
The reason this has become a hot topic recently has been to do with recent announcements concerning the Shanghai Free Trade Zone, and apparent moves by China to “liberalize the currency” and introduce “financial reforms.” Free trading of the RMB in the Shanghai FTZ was also announced. Yet behind the intention, little if any infrastructure has been put in place to see these announcements come to fruition, and no implementing rules have been introduced to explain how these reforms would actually work. Continue reading
In a nation of avid tea drinkers, coffee continues to gain ground.
By Nathan Barlow
Oct. 22 – Coffee first made its initial appearance in China when a French missionary in the 1890s planted beans throughout Yunnan Province. Over the next hundred years, coffee would go largely unnoticed but, as is the case with many things in China, the market has changed quite a bit over the last 20 years.
This is the final section of our three-part series detailing various facets of China’s coffee industry, and this article focuses on domestic coffee production in China. Part one, introducing the China’s coffee industry, can be found here, while part two, detailing importing and exporting coffee beans in China, can be found here. Continue reading
Aug. 23 – Following Beijing, Shanghai and Guangzhou, Chengdu will become the fourth city in China to adopt the 72 hour visa-free stay policy. The policy, which is scheduled to take effect on September 1, will make Chengdu China’s first inland city to offer a 72 hour visa-free stay to transit passengers. Continue reading