Other Briefings
Investing in Tibet, the Roof of the World
By Chris Devonshire-Ellis Aug. 20 – Foreign direct investment in Tibet is often a contentious issue, as Holiday Inn discovered following a shareholder revolt over their managed property in Lhasa a few years back. On the basis that running a hotel on the roof of the world demonstrated unwelcome support for China’s administration of the […]
Ningxia: Small but Beautiful and Productive
By Chris Devonshire-Ellis Aug. 19 – Running around China to see what opportunities there are has long been part of what our firm regularly does in order to keep abreast of new developments and to understand the country as a whole. It’s also a lot of fun; China often seems more a kaleidoscope of different […]
Great Wall Motor Co. invests RMB400 Million in Tianjin Production Base
Aug. 17 – Chinese automaker Great Wall Motor Co. has invested RMB400 million in an auto parts plant in Tianjin, expanding its production base there. The company, listed among the Forbes Top 100 Chinese Enterprises in both 2007 and 2008, chose Tianjin as its base of production due to the city’s strategic positioning in Northern […]
Investment Tips for Xinjiang, Urumqi and Kashgar
By Chris Devonshire-Ellis Aug. 16 – Xinjiang has been generating a fair amount of publicity recently as a potential destination for investment, driven by a variety of elements. Although the autonomous region in China’s far west suffered ethnic violence and unrest last year, things have been moving on. The impact of the uprisings of local […]
Dalian Restricts Work Permits for Foreigners
Aug. 11 – Beginning August 1, the Dalian government introduced a new policy restricting the ability of foreign investors with a registered capital of under RMB3 million to obtain work permits for their foreign staff, effectively stopping foreign employees that want to work for such companies from being able to apply for a Z visa […]
Qingdao Tax Bureau Releases New Notice on Corporate Income Tax
QINGDAO, Aug. 4 – The local Qingdao taxation bureau recently issued a notice regarding the management approach of corporate income tax for financial funds, effective September 1, 2010. The notice, issued July 21, applies to enterprises which both obtain financial funds and pay corporate income tax in Qingdao. Financial funds are defined as capital obtained […]
Import Tax on Mail to Impact Mail Orders from Hong Kong
HONG KONG, Aug. 4 – China’s new Customs tax on personal mail, which begins September 1, will effectively end the practice in Hong Kong of earning commissions for sending packages to Mainland China. The new regulations will impose an import tax on personally mailed items into China. For individuals sending or receiving items from Hong […]
TOM Group–China Post JV Announced
HONG KONG, Aug. 4 – TOM Group, Hong Kong’s media and communications giant, announced plans for the formation of a massive joint venture with China’s postal service to create the mainland’s largest e-commerce services provider. The JV, to be named Beijing Ule E-Commerce, will be 51 percent owned by China Post. TOM Group is investing […]
