Economy & Trade

Shanghai’s Chongming Island likely site for new Disneyland

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SHANGHAI, Dec. 11 – Chongming Island, China’s third-largest island and designated for ecotourism development, looks likely to become the site of a new Disneyland after 2010. The island, situated north of Shanghai, will likely get a Disney theme park following the 2010 World Expo a government spokesman for the island said yesterday. “We have made […]

Resources, relations and free trade: How China is opening up its borders to Vietnam

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This is the first in a series of articles that looks at China’s borders. As China has grown in the last 30 years, so have the often complicated relationships it has with its many varied neighbors. In this article, we take a look at Vietnam. By Joyce Roque Dec. 10 – If East Asian growth […]

China to increase allowable foreign investment quota

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SHANGHAI, Dec. 10 – China’s State Administration of Foreign Exchange will increase the quota for allowable foreign trade investment in RMB-denominated stocks and bonds to US$30 billion, it is reporting on its website. No implementation date was specified in the announcement. The move is aimed at expanding mainland markets, reduce volatility and propel the value of […]

Dezan Shira celebrates in Shanghai, Porsche open up next door

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The final anniversary party celebrating the 15th anniversary of Dezan Shira & Associates in China was held in the firm’s Shanghai office last night, on the 18th floor of the prestigious Tian An Centre on Nanjing Xi Lu, overlooking People’s Park and the municipal government headquarters. The event, sponsored by the national China Daily newspaper, […]

Mexican silver dollars

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These are Mexican Eight Reales coins, the so-called “Pieces of Eight,” whose scrolls on the obverse were the origin of the American dollar sign. The Eight Reales was the largest and heaviest silver coin minted for over 200 years, and due to the turbulence of Asian governments and colonialism during the 1800s and early 1900s, […]

Breach of Regulation #43 causing problems for FIEs’ tax holidays

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By Andy Scott Dec. 7 – As China moves to implement the new corporate income tax regulations, many FIEs are losing their tax holidays as the State Administration of Taxation puts them under increased scrutiny ahead of the new law’s implantation. China’s tax authority has increasingly focused on FIEs that previously enjoyed tax relief. As […]

SL Magazine hits national UK newsstands

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The upsurge in investment and interest in China from the UK has reached new heights with the launch of SL Magazine (Shanghai-London) which is being distributed across the UK via major chains such as Tesco’s, WH Smith and Borders. Naturally, given the wealth of material we have in our archives, Dezan Shira & Associates provides […]

The regrettable rise of the ill-informed China journalists

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By Chris Devonshire-Ellis The arrival of blogs, and commentators on China recently has created a weird world of chatter, gossip and innuendo over the past two years. While mainly to the good, however there are increasing numbers of commentators who are getting into trouble, or posting material that frankly makes me cringe. Masquerading as genuine […]

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