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	<title>China Briefing News</title>
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		<title>Citibank Permitted to Issue Credit Cards in China</title>
		<link>http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html#comments</comments>
		<pubDate>Wed, 08 Feb 2012 09:36:32 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[China Banking]]></category>
		<category><![CDATA[China e-Payment Market]]></category>
		<category><![CDATA[Citibank China Credit Cards]]></category>
		<category><![CDATA[Citigroup]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15588</guid>
		<description><![CDATA[Greater market access to China&#8217;s banking industry on the road ahead? Feb. 8 &#8211; U.S.-based financial services corporation Citigroup announced on Monday that it has obtained government approval to issue its own credit cards in China. It is hoped that Beijing&#8217;s recent decision indicates that the country will be more willing to open up its banking industry to foreign financial institutions in the near future. Citigroup – operating 13 corporate bank branches and 46 consumer outlets in the world&#8217;s most populous nation – is the first Western bank authorized to issue credit cards in Mainland China. Hong Kong-based Bank of &#8230; <a href="http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liquidating a China Business</title>
		<link>http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html#comments</comments>
		<pubDate>Wed, 08 Feb 2012 06:42:47 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[China Company Law]]></category>
		<category><![CDATA[China Legal]]></category>
		<category><![CDATA[China Liquidation]]></category>
		<category><![CDATA[China Relocation]]></category>
		<category><![CDATA[Closing in China]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15579</guid>
		<description><![CDATA[Many foreign businesses in China do very well and are profitable. However, there will always be some that do not succeed commercially, or that may have to close because of external circumstances affecting their parent company overseas. In this article, we explain the procedures you would need to go through to close a foreign invested enterprise in China, and highlight the many related issues that you will need to address. <a href="http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Taxation on Real Estate Rental Income in China</title>
		<link>http://www.china-briefing.com/news/2012/02/07/taxation-on-real-estate-rental-income-in-china.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/07/taxation-on-real-estate-rental-income-in-china.html#comments</comments>
		<pubDate>Tue, 07 Feb 2012 11:57:40 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Central China]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[South China]]></category>
		<category><![CDATA[China Business Tax]]></category>
		<category><![CDATA[China Chengdu]]></category>
		<category><![CDATA[China Education Surcharge]]></category>
		<category><![CDATA[China Guangzhou]]></category>
		<category><![CDATA[China Individual Income Tax]]></category>
		<category><![CDATA[China Individual Rental Income]]></category>
		<category><![CDATA[China Individual Rental Tax]]></category>
		<category><![CDATA[China Property Tax]]></category>
		<category><![CDATA[China Shenzhen]]></category>
		<category><![CDATA[China Urban Maintenence and Construction Tax]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15557</guid>
		<description><![CDATA[Including city-specific details on Chengdu, Guangzhou and Shenzhen Feb. 7 &#8211; Both Chinese nationals and a foreign individuals are subject to a combination of taxes on real estate rental income: including individual income tax (IIT), business tax (BT), property tax (PT), urban maintenance and construction tax (UMCT) and an education surcharge (ES). If simply left to adding up all those rates according to each specific tax law, the taxation on individual rental income would end up pretty high. However, in a move to energize China&#8217;s housing supply market, the Chinese government began offering some tax incentives starting in 2008. In &#8230; <a href="http://www.china-briefing.com/news/2012/02/07/taxation-on-real-estate-rental-income-in-china.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreign Law Firms in China &#8211; 2012 Listings</title>
		<link>http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html#comments</comments>
		<pubDate>Tue, 07 Feb 2012 10:19:05 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[China Law]]></category>
		<category><![CDATA[China Legal]]></category>
		<category><![CDATA[Foreign Law Firms]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15555</guid>
		<description><![CDATA[Feb. 7 – Foreign law firms practicing China law, and advising clients on the same, must be registered and licensed by China&#8217;s Ministry of Justice, which also acts as the regulatory body. As of December 31, 2011, there were 208 licensed foreign law offices in China &#8211; please find the complete list below. A detailed list (in Chinese) is also provided by the Ministry of Justice on their official web site, you can view the list by clicking here. Contents include the name of the firm, its country of origin, the date the China license was issued, and the firm’s &#8230; <a href="http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>China Grants Tax Incentives to Logistics Industry</title>
		<link>http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html#comments</comments>
		<pubDate>Mon, 06 Feb 2012 06:14:33 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[Regulatory Update]]></category>
		<category><![CDATA[Shipping & Logistics]]></category>
		<category><![CDATA[China Logistics]]></category>
		<category><![CDATA[China Logistics Industry]]></category>
		<category><![CDATA[China Shipping]]></category>
		<category><![CDATA[China Urban Land Use Tax]]></category>
		<category><![CDATA[China Warehousing Facilities]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15547</guid>
		<description><![CDATA[In a move to further boost its logistics industry, China is now allowing logistics enterprises to pay less urban land use tax (ULUT) on lands occupied by their commodity warehouses. <a href="http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Top 50 Chinese Cities by Investment Potential</title>
		<link>http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html#comments</comments>
		<pubDate>Fri, 03 Feb 2012 07:12:36 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy and Politics]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[China Cities]]></category>
		<category><![CDATA[China FDI]]></category>
		<category><![CDATA[China GDP]]></category>
		<category><![CDATA[China Trade]]></category>
		<category><![CDATA[Chongqing]]></category>
		<category><![CDATA[Guangdong]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[Shenzhen]]></category>
		<category><![CDATA[Tianjin]]></category>
		<category><![CDATA[Zhengzhou]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15535</guid>
		<description><![CDATA[By Julia Gu Feb. 3 – At the eighth annual World Famous Brands Assembly (WFBA) recently held in Jakarta, Indonesia, the U.S.-China Economic Trade and Investment General Chamber of Commerce, the Europe-America-Asia Cooperation Union for Investment in Industry and Commerce, and the World Cities and World Business Research Association jointly released a list of the “2011 Top 50 Chinese Cities with Strongest Investment Potential.” The results are as follows: WFBA is a non-profit international professional conference which has been successfully held in Hong Kong, Macau, Bangkok, Singapore, Seoul, Tokyo and Kuala Lumpur for seven years since 2004. Chow Kong Shan &#8230; <a href="http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Twitter &#8211; When Freedom of Speech Collides with Business Interests</title>
		<link>http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html#comments</comments>
		<pubDate>Fri, 03 Feb 2012 06:17:47 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[China Freedom of Speech]]></category>
		<category><![CDATA[China Internet Censorship]]></category>
		<category><![CDATA[China Online Information Filtering]]></category>
		<category><![CDATA[China Social Media]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Twitter Censorship Policy]]></category>
		<category><![CDATA[Weibo]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15532</guid>
		<description><![CDATA[By Vivian Ni Feb. 3 &#8211; Twitter, the U.S.-based micro-blogging service provider, has recently found itself at the receiving end of criticism due to its new policy that will allow content censorship on a country-by-country basis. The policy adjustment may have revealed Twitter’s interest in returning to the cash-flowing Chinese market, where the government implements strict internet censorship regulations and blocks an array of Western social media web sites. In a blog post last Thursday, Twitter said that it had refined its technology and gained &#8220;the ability to reactively withhold content from users in a specific country – while keeping &#8230; <a href="http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China Announces Import Tax Treatment to &#8216;Encouraged&#8217; Foreign-Invested Projects</title>
		<link>http://www.china-briefing.com/news/2012/02/02/china-announces-import-tax-treatment-to-encouraged-foreign-invested-projects.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/02/china-announces-import-tax-treatment-to-encouraged-foreign-invested-projects.html#comments</comments>
		<pubDate>Thu, 02 Feb 2012 08:57:24 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[Regulatory Update]]></category>
		<category><![CDATA[China Customs Duty]]></category>
		<category><![CDATA[China FDI]]></category>
		<category><![CDATA[China General Administration of Customs]]></category>
		<category><![CDATA[China Import Taxes]]></category>
		<category><![CDATA[China Import VAT]]></category>
		<category><![CDATA[China Tax]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15524</guid>
		<description><![CDATA[In Announcement [2012] No.4 released on January 29, the Chinese General Administration of Customs clarified the favorable import tax treatment to "encouraged" foreign-invested projects. <a href="http://www.china-briefing.com/news/2012/02/02/china-announces-import-tax-treatment-to-encouraged-foreign-invested-projects.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Relax. South China Exports and Manufacturers are Doing Just Fine</title>
		<link>http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html#comments</comments>
		<pubDate>Wed, 01 Feb 2012 07:34:32 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[South China]]></category>
		<category><![CDATA[China Exports]]></category>
		<category><![CDATA[China Manufacturing]]></category>
		<category><![CDATA[Chris Devonshire-Ellis]]></category>
		<category><![CDATA[Dezan Shira & Associates]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Shenzhen]]></category>
		<category><![CDATA[Zhongshan]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15517</guid>
		<description><![CDATA[Op/Ed Commentary: Chris Devonshire-Ellis Feb. 1 – With some media spotlighting potential problems in South China – and one blog even going so far as to suggest smart Chinese businessmen are queuing up to attract orders, only to deliberately declare bankruptcy – it’s time to look again at the realities of the situation. The actual business environment in South China is something we are qualified to discuss with some knowledge – our firm, Dezan Shira &#38; Associates, has four regional offices there (Hong Kong, Shenzhen, Guangzhou and Zhongshan) and has conducted business in the region for 20 years, while our &#8230; <a href="http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>9</slash:comments>
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		<item>
		<title>WTO Orders China to Remove Export Restrictions on Industrial Minerals</title>
		<link>http://www.china-briefing.com/news/2012/02/01/wto-orders-china-to-remove-export-restrictions-on-industrial-minerals.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/01/wto-orders-china-to-remove-export-restrictions-on-industrial-minerals.html#comments</comments>
		<pubDate>Wed, 01 Feb 2012 04:03:30 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Chemical & Pharmaceutical]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[China Export]]></category>
		<category><![CDATA[China Rare Earths]]></category>
		<category><![CDATA[China Raw Materials]]></category>
		<category><![CDATA[China US Trade Disputes]]></category>
		<category><![CDATA[China WTO]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15511</guid>
		<description><![CDATA[Will rare earths be next? By Vivian Ni Feb. 1 &#8211; Following two years of investigation, the World Trade Organization&#8217;s (WTO&#8217;s) Appellate Body ruled on Monday that China’s use of export duties and quotas on nine types of industrial materials has breached free trade rules. The ruling could affect the organization&#8217;s judging of other similar cases where export restrictions are used to hoard domestic natural resources. The case, filed in 2009 by the United States, the European Union (EU) and Mexico, accused China of imposing trade barriers to the exports of nine minerals: bauxite, zinc, yellow phosphorus, coke, fluorspar, magnesium, &#8230; <a href="http://www.china-briefing.com/news/2012/02/01/wto-orders-china-to-remove-export-restrictions-on-industrial-minerals.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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