Other Briefings
China Briefing Books Now Downloadable in PDF
Jul. 20 – The complete series of China Briefing’s popular legal, tax and regional guides are now available for purchase via PDF downloads here. Published since 2003 and regularly updated, available titles include guides to the legal procedures and investment implications of establishing Representative Offices, Wholly Foreign Owned Enterprises, Joint Ventures, Mergers & Acquisitions, Intellectual […]
China’s Income Tax Generation Collapses
Jul. 20 – China’s income tax base has shrunk even further as taxpayers are badly hit by the global downturn. With a small income tax paying base of about 30 million people from a population of 1.3 billion, the country’s inland revenue has struggled to generate sufficient income and meet monthly targets. China’s income tax […]
China’s FDI Plateaus as Investment Demographics Shift
By Chris Devonshire-Ellis SHANGHAI, Jul. 17 – China’s foreign direct investment and the nature of its GDP growth are showing signals of permanent change as the world gradually lifts itself out of the global recession. Dezan Shira & Associates has just released its half year figures and they make for interesting reading in terms of […]
Dalian Emerging as Outsourcing Hub
Jul. 17 – China’s northern city of Dalian in Liaoning Province is emerging as one of the key outsourcing hubs in the country. Due to the province’s proximity to Japan, it has primarily attracted investment from Japanese investors and now handles an estimated 80 percent of Japan’s outsourcing needs. Since the 1990s, the city has been […]
Local Tax Bureau Cracking Down on Foreign Companies
SHANGHAI, Jul. 16 – Dezan Shira & Associates clients across the country are reporting a recent spate of unannounced visits to their premises by local tax bureau officials demanding to inspect books and inquiring about salary levels. In most instances, this has been followed by requests for additional tax payments, questions about expatriate staff salary […]
China Briefing Celebrates 10 Year Anniversary
SHANGHAI, Jul. 16 – China Briefing celebrated a decade of publishing at Kathleen’s 5 last night in the company of long-time subscribers, diplomats, clients and friends. More than 250 guests gathered until late to wish the magazine a happy tenth birthday while enjoying wine, canapés and entertainment provided by OmBraMaiFu. China Briefing is produced by […]
China to Radically Readjust Economic Policy
BEIJING, July 15 – The Chinese government is preparing to apply major readjustments to its financial policies to re-balance the domestic economy. Concerns over the country’s economy and the development of an over-reliance on exports have prompted a meeting of the politburo in the next two weeks as policymakers voice their concerns that despite encouraging […]
Wal-Mart Partners with Lakala to Offer Financial Services
Jul. 14 –Wal-Mart outlets in 80 Chinese cities are now offering financial services to customers in partnership with the Chinese offline payment provider Lakala. According to ChinaRetailNews, the company is adding one-stop daily payment services, including credit card repayment, public utilities, and mobile phone recharging. Lakala is a leading offline payment provider in the country […]
