Other Briefings
China struggles to recover from worst winter storm in 50 years
By Andy Scott SHANGHAI, Jan. 29 – The biggest winter storm to hit many parts of Eastern China in 50 years brought down buildings, closed train stations and left millions stranded throughout the country just days ahead of the biggest holiday season. One day after the storm killed at least a dozen people and brought […]
Resources, relations and free trade: How China is opening up its borders to Vietnam
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 […]
Venice, the Venetian Macao and the Venetian, Las Vegas
Macau takes its place in the international gaming big leagues What’s in a Renaissance-era derived international brand name? By Chris Devonshire-Ellis So what of Chinese gambling, real and fake Italian Renaissance art, and its impact on the big league stakes of gaming? Purely by chance, the happy co-incidence of international conference attendance and one Grand […]
Shenzhen and Hong Kong to open sixth border crossing
The sixth border checkpoint between Hong Kong and Shenzhen has been given the go ahead according to Shenzhen party secretary Li Hongzhong. Talking one the sidelines of the Chinese Communist Party’s 17th National Congress in Beijing, Li said that both sides had reached an agreement to build the checkpoint, which connect Heung Wai in Hong […]
Macau to host mega trade show
Macau is taking yet another page from Las Vegas and turning to the lucrative trade show circuit as yet another way of boosting profits in this money-driven metropolis. Having surpassed Las Vegas in gambling revenue last year, Macau is looking to broaden its economic base by keeping tourists in the city for longer periods of […]
China to open fourth bonded port in Hainan
Oct. 12 – The State Council moved ahead with plans for the country’s fourth bonded port in Hainan province Xinhua reported yesterday, yet another of the steps China is taking towards establishing a free trade zone with the Association of Southeast Asia Nations (ASEAN). The Yangpu Bonded Harbor Area in the Yangpu Economic Development Zone, […]
Shenzhen announces regulations on registration of processing trade enterprises
SHENZHEN, Oct. 9 – Processing factories located in South China have until October 23 to decide if they want to register with the Shenzhen or local bureau of trade and industry if they want to retain their ability to import or export restricted materials should they decide to convert themselves into a foreign invested enterprise […]
From Dongguan to Shenzhen, how IIT for foreigners is still a confusing issue
By Lily Xu and Rosario Di Maggio/Dezan Shira & Associates GUANGZHOU, Sept. 30 – Individual income tax (IIT) in China is a complex subject and often misunderstood. Ask one expatriate, then ask another, and they’ll give you different opinions. However unfortunately, expatriates do not decide China’s tax regulations. Neither is the situation short of clarity […]
