Other Briefings
Dalian Little Affected by Financial Crisis
Mar. 19 – Dalian in Liaoning Province has played a key role in the revitalization of Northeast China, where its diverse mixture of heavy and light industry, and high-tech and service companies have allowed it to weather the Global Financial Crisis. In this month’s issue of China Brief, the American Chamber of Commerce in China’s […]
Beijing City Releases New Real Estate Policies
BEIJING, Feb. 25 – New real estate policies released yesterday attempts to rein in ballooning housing prices and property speculation in China’s capital city. The Implementing Opinions for Promoting the Steady and Healthy Development of the Real Estate Market in Beijing (Implementing Opinions), asserts adherence to a 40 percent initial housing loan payment for second […]
Paying Tax by Installment in Hong Kong
HONG KONG, Feb. 24 – As the region slowly recovers from the effects of the financial crisis, some business may still be struggling to manage their cash flow. Hong Kong’s Inland Revenue Department allows payment of taxes by installment for taxpayers having financial difficulties. Taxpayers will need to submit an installment application to the agency […]
Online Filing of Profits Tax Return in Hong Kong
Feb. 18 – Hong Kong’s Inland Revenue Department will add to the tax services available under its eTAX program starting April 2010 allowing companies to also submit their profits tax return for 2009/10. A corporation or partnership can file their profits tax return online if they meet the following criteria: Gross income does not exceed […]
Hong Kong Proposes Financial Dispute Resolution Center for Individual Investors
HONG KONG, Feb. 10 – The Financial Services and The Treasury Bureau has submitted a public consultation paper suggesting plans for a Financial Dispute Resolution Center and Investor Education Council in the territory. The Financial Dispute Resolution Center will provide a one-stop service venue for resolving monetary disputes between an individual consumer and a financial […]
Sanya Residential Property Skyrockets
Feb. 9 – Crispins Property Investment Management (CPIM) has released a bulletin examining the property market in the tropical South China Sea island of Hainan and the resort city of Sanya. Sanya has long been regarded as “China’s Hawaii” and with its beaches, coconut palms and great sea food it has developed into a popular […]
UNDP Survey on China, Regional Trade Barriers
Feb. 9 – The United Nations Development Program‘s Greater Tumen Initiative has requested the kind assistance of China Briefing readers in participating in a regional survey on trade barriers. The survey covering China, Russia, Mongolia, North Korea and South Korea is needed for government analysis and discussion later in the year. Participation will it possible […]
Beijing Municipality Encourages FDI in Private Equity Fund Companies
BEIJING, Feb. 2 – Local authorities have released a circular encouraging foreign investors to establish wholly foreign-owned private equity (PE) management companies or joint-venture private equity management companies with local companies in its Zhongguancun Independent Innovation Demonstration Zone. The circular called “Tentative Measures for Establishing Foreign-Invested Private Equity Investment Fund Management Enterprises” clarifies the scope […]
