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    House of cards: the Beijing property market

    By Andy Scott Just how sustainable is the property market in Beijing? Rental and sales rates have gone through the roof in the past two years and only look to go higher as the Olympics nears. Land owners have already pushed the average rental rates 10 times more than normal. Don’t expect it to last.[…..]

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    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[…..]

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    China’s glass ceiling

    By Chris Devonshire-Ellis SHANGHAI, Oct. 16 – The more I travel to that other billion plus populated Asian country, India, the more I become convinced China has hit a glass ceiling in its development. It’s tempting after 20 years in China to become a little blasé perhaps about the country, even a little cynical, yet[…..]

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    Property tax may take effect in 2008

    China is expected to levy a property tax in 10 regions on a trial basis next year; the China Securities Journal reported yesterday quoting what it said was a well-informed source. The State Administration of Taxation picked 10 provinces and cities, including Beijing, Shenzhen, Dalian, Jiangsu and Chongqing who may start paying taxes on property[…..]

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    Brits get rich in China

    Britain’s Channel 4 has a series running in the UK called “Brits Get Rich in China” which details the fortunes or otherwise of three UK entrepreneurs that try their luck in the Chinese market. The series has now shown up on YouTube and is becoming the talk of the China-centric blogosphere with varied blogs from[…..]

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    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[…..]

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    Anyone for North Korea?

    By Chris Devonshire-Ellis BEIJING, Oct. 12 – Several years ago I visited North Korea as part of a business delegation with the Hong Kong General Chamber of Commerce. The mission was led by Dr. Eden Woon, now CEO China for Starbucks, then CEO of the Chamber, and previously – as an American CIA employee – part of[…..]

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    Inefficient coal plants shuttered in move to reduce consumption and pollution

    By Andy Scott SHANGHAI, Oct. 12 – China closed 253 low-efficiency coal-firing power plants and replaced them with high-efficiency generators, reducing the annual coal consumption by 13.5 million tons and carbon dioxide emission by 27 million tons, said Vice Premier Zeng Peiyan at the second forum on Sino-Japan Energy Saving and Environmental Protection last week. A[…..]

Showing 8 of 4940 articles