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    Sarbanes-Oxley: Five years on

    By Andy Scott Aug. 2 – Monday was the fifth anniversary of the signing of the Sarbanes Oxley Act, a law that has had a huge impact on business and accounting practices both in the United States, and overseas. One will remember that as a result of the financial scandals in the United States like[…..]

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    Tianjin to go wireless

    The Tianjin municipal government has signed and agreement with the Ministry of Information Industry to construct a wireless broadband network in the Binhai New District of Tianjin. The Binhai district will be a trial location for China’s comprehensive reform of its computer networks according to ChinaTechNews.com. Tianjin’s push to create a wireless city zone has made it one of the most[…..]

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    Study shows China, India lagging in economic well-being, living standards

    China and India, the two economic powerhouses of a fast developing Asia, are lagging in terms of economic well-being and living standards of their population, a new study undertaken by the Asian Development Bank (ADB) shows. According to the International Comparison Program (ICP) in Asia and the Pacific: Purchasing Power Parity Preliminary Report, released yesterday, China[…..]

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    Guangzhou airport looks to become international cargo hub

    GUANGZHOU, July 31 – Guangzhou Baiyun International, China’s third busiest airport after Beijing and Shanghai, is expanding its efforts to become an international air cargo and logistics hub in prosperous South China. China Daily reported that international logistics companies will play a larger part in reaching the goal, according to Liu Zijing, president of the[…..]

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    China eyes stable Afghanistan, Central Asia as key to regional development

    At the upcoming Shanghai Cooperation Organization meeting in Bishkek, Kyrgyzstan, China will seek to cement strategic partnerships with the former Soviet states of Central Asia. While China and Russia insist that the SCO was created as a counter-terrorism group, the two are in competition for influence and oil and gas rights in the four former Soviet republics of[…..]

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    China, developing nations turning to microloans as key to rural development

    In a recent video shot by freelance journalist David Axe for C-SPAN, Afghani merchants of various stripes talk at length about the growth of their businesses under a microfinance system that has been put in place since the fall of the Taliban and introduction of numerous western aid agencies. Like counterpart programs in India, Bangladesh and now[…..]

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    Moving to China? Here’s some advice…

    While doing some research recently on advice for foreign investors looking to enter the Chinese market, we came upon this letter to an American considering seeking opportunities in Shanghai. [There is] nothing whatever for you to do in the office in Shanghai, and, as you do not speak Chinese, I cannot put you in charge[…..]

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    China cuts individual income tax on bank savings

    China’s State Council has announced that individual income tax on bank savings will be cut from 20 percent to 5 percent starting August 15, 2007. Income tax was leveled on personal bank savings on Nov. 1, 1999 as a means of encouraging consumption and investment, adjusting personal income and increasing national revenue. This reduction is an attempt[…..]

Showing 8 of 4810 articles