Other Briefings
AirAsia launches cheap flights to Shenzhen
AirAsia launched its Shenzhen service today with nonstop flights from Kuala Lumpur and Bangkok, the first routes into mainland China for the Malaysia-based budget airline founded in 1993. Group Chief Executive Officer Dato’ Tony Fernandes Berhad of AirAsia said, “We have continued to create history by introducing flights to untapped markets as we have always […]
Doors close on Starbucks’ controversial Forbidden City outlet
There will be no more Frappaccinos or lattés in the Forbidden City as Starbucks closed down its controversial outlet situated inside the former imperial palace on Friday. The closure brought an end to a seven-year presence that sparked controversy and protests that the image and cultural heritage of the historical site was being trampled on by the […]
New rules for foreigners buying property in Shenzhen come into effect
Foreigners are now limited to buying one home for personal use in Shenzhen. The rule, which came into effect Wednesday, states that all non-mainlanders, including overseas nationals, Chinese citizens resident overseas and residents of Hong Kong, Macau and Taiwan, will be allowed to buy property only if they sign a guarantee that the house is […]
Shanghai to open three new metro lines by end of year
Shanghai will open three new metro lines by the end of the year, extending the total distance of the network to 230 kilometers authorities at the city subway’s construction headquarters announced. Metro Line 6 will run south to north in Pudong, Metro Line 8 links Yangpu District with many downtown stops, and Metro Line 9 links Xuhui […]
Hong Kong and mainland to further liberalize CEPA
On June 29, Hong Kong and Beijing agreed on further liberalize services and economic co-operation under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) by signing Supplement IV to CEPA. The mainland will introduce a total of 40 liberalization measures covering 28 services areas, including 17 existing CEPA services areas and 11 new […]
Beijing to ban a million cars in clean-air test
Beijing will take one million cars off the city’s streets for two weeks in August to rehearse traffic control measures for next year’s Olympic Games, organizers of the event have said. Sources with the Beijing organizing committee for the Olympic Games said that city authorities will clear Beijing’s roads between August 7 and 20. They […]
Schedules to the BVI Companies Act amended
The BVI Financial Services Commission announced on Tuesday that the BVI Executive Council has issued an order amending the schedules to the BVI Business Companies Act. This order is important as it paves the way for a number of new initiatives including new simplified provisions for the transitioning of bearer share companies to non-bearer share […]
The new Dalian: You want to be here
A letter from Dalian: Chris Devonshire-Ellis Dalian, China’s third largest port and hometown of Chinese Commerce Minister Bo Xilai, is a city of six million, just across the Yellow Sea from Japan. In fact its proximity to Japan is such that it has for a long time been considered more a Japanese and Korean city of not […]
