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    Tax breaks disappear in draft of corporate income tax implementation rules

    By Andy Scott SHANGHAI, Nov. 15 – China has drafted executive regulations for a new corporate income tax law that will harmonize the domestic and foreign rates, and the final draft has been submitted to the State Council for approval, the China Securities Journal reported on Wednesday, citing an expert close to the issue. The[…..]

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    Consumer prices in China pushed to ten-year high, low-income households feel pressure

    By Andy Scott SHANGHAI, Nov. 14 – The National Bureau of Statistics announced yesterday that China’s consumer prices in October reached the highest rate in more than a decade, driven mostly by skyrocketing food costs. Compared to a year earlier, the Consumer Price Index jumped 6.5 percent in October, equal to August which also saw[…..]

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    Blair paid US$500,000 for 20 minute talk in Dongguan

    The real estate market in China may be a giant bubble waiting to burst, and the recent changes to the regulations on foreign investment into the sector will make it harder for foreigners to profit from the sky-high rates, but at least one person has found a way to turn a profit. Former British Prime Minister Tony Blair[…..]

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    China’s trade surplus hits monthly record

    China’s trade surplus jumped to an all-time monthly high in October according to figures released today by the General Administration of Customs. China’s trade surplus in October rose 13.5 percent over the same month last year to US$27.05 billion. The surplus has seen a huge 59 percent increase over the first 10 months of the[…..]

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    Delhi-Beijing, Mumbai-Shanghai: Anything China can do, India can do too

    By Chris Devonshire-Ellis  BEIJING, Nov. 9 – The new issue of China Briefing’s sister magazine, India Briefing, is now out, and is a Delhi and Mumbai special, identifying the investment environment in those cities. But in reading it through, and regularly visiting those cities as well as Beijing (where I live) and Shanghai, other comparisons[…..]

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    China looks to shorten May holiday and add traditional holidays

    SHANGHAI, Nov. 9 – The Chinese government released a plan today to shorten the May 1-7 “Golden Week” holiday and establish three new legal holidays. According to the national legal holiday adjustment research group, the new plan will allocate holidays for Tomb-Sweeping Day, the Dragon-Boat Festival and the Mid-Autumn Festival. The plan was released on[…..]

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    New Catalogue for the Guidance of Foreign Investment Industries released

    SHANGHAI, Nov. 7 – The Ministry of Commerce and the National Development and Reform Commission jointly released the latest Catalogue for the Guidance of Foreign Investment Industries today. The catalogue, approved by the state council, will take effect on December 1 according to the NDRC’s website. The new catalogue replaces one that came into effect in 2004. While[…..]

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    Brian Lamb, founder of public affairs media network, receives presidential honor

    By Andy Scott SHANGHAI, Nov. 7 – Brian Lamb, the founder of C-SPAN, received the Medal of Freedom on Monday from U.S. President George W. Bush. The president honored Lamb along with seven other prominent people including the novelist Harper Lee and Liberian President Ellen Johnson Sirleaf in a ceremony at the White House. The Medal[…..]

Showing 8 of 4916 articles