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China Renewable Energy Industry Report: May 27

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May 27 – This is a regular series of relevant industry news from around China. •State-run power utility China Guodian Corp seeks partners in Brazil and Argentina for the construction of wind turbines and solar panels, the vice president of Guodian’s subsidiary, Guodian Technology and Environment Group, Zhang Binquan, told Reuters last week. The plans […]

China Renewable Energy Industry Report: May 9

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May 9 – This is a regular series of relevant industry news from around China. Renewable energy •Chinese Huadian Power International Corp will reportedly develop over 1 gigawatt of wind power installations in Shandong Province, with its plans also including an offshore wind power project. Shanghai Securities News reported last month that the company would […]

Political Influence in China’s Biggest Companies Almost 100%

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NPC members wealthier than U.S. Congress counterparts Op-Ed Commentary: Chris Devonshire-Ellis Apr. 25 – The trend of the Chinese government to be involved in the nation’s primary businesses can be illustrated in a number of items recently highlighted in data released by the British Foreign Office (BFO). In a presentation made recently to the European […]

China Industry Report: Apr. 11

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Apr. 11 – This is a regular series of relevant industry news from around China. Marine transport and shipbuilding •South Korean shipbuilder Hyundai Heavy Industries said on April 4 it has opened an R&D center in Shanghai to enhance its position in the Chinese market. The site will focus on construction equipment, electro-electric systems and […]

Analyzing Chinese Financial Reporting

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Part Three in a four part series Op-Ed Commentary: Chris Devonshire-Ellis and Sabrina Zhang Feb. 7 – In this article, we will focus on understanding and analyzing the typical accounts of Chinese financial statements, including the balance sheet and income statement. In our firm’s 19 years of experience in China, when called upon to examine […]

China Expatriate Annual Income Tax Reporting for 2010 Tax Year

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Update (January 15, 2013): For information regarding expatriate income tax filing for the 2012 tax year, please click here. By Dezan Shira & Associates Jan. 18 – Individuals residing in China are subject to individual income tax (IIT). Expatriates who are employed in China are liable for IIT from either the first day they arrive […]

China Industry: January 17

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Jan. 17 – This is a regular series of relevant industry news from around China. Air transport Shandong Airlines and U.S. aircraft-maker Boeing struck an agreement last Monday for 15 737-800 passenger planes, Xinhua News Agency reported. The list price of the aircraft is approximately US$1.35 billion.

RBS Issues Warning that China Credit is About to Burst

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Dec. 7 – Dire warnings about the true extent of China’s credit bubble are now materializing in mechanisms designed to protect against a sovereign debt default, as the Royal Bank of Scotland has advised clients to take out protection against the risk of a sovereign default by China as one of its top trading tips […]

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