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    New railways to further link Xinjiang to Central Asia

    Jan. 28 – Construction will hopefully start this year on two railways linking China’s westernmost Xinjiang Uygur Autonomous Region with the central Asian nations of Kyrgyzstan, Uzbekistan and Kazakhstan, Xinjiang government sources said. The railway, expected to be completed within the year, will link Korgas on the China-Kazakhstan border with China’s inland railways. From the[…..]

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    China to build 97 airports in next 12 years

    Jan. 28 – Xinhua is reporting that China announced plans Saturday to build nearly 100 new airports by 2020 to cater for soaring demand. The proposals will mean eight out of every ten residents will live within 100 kilometers of an airport within 12 years, the General Administration of Civil Aviation said. It put the[…..]

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    1927 Guangzhou government war bond

    This bond was issued by the Finance Minister of the Kuomintang Party, which was then trying to establish a national government based in Guangzhou prior to the establishment of the Republic of China (click photo to enlarge). Valued at 10 yuan, and issued on February 1, 1927, it was intended to raise money for the[…..]

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    U.S. recession fears not a global concern for China, India and the developing world

      SAN FRANCISCO, Jan. 24 – Chris Devonshire-Ellis, Senior Partner of Dezan Shira & Associates and publisher of China Briefing has just been interviewed by Agence France-Presse over concerns that the U.S. markets may well tip the world into a global recession. We reproduce the interview below: AFP: Everyone is saying the U.S. is having[…..]

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    Shanghai ROs have until Feb. 5 to apply for vehicle license plate free of charge

    SHANGHAI, Jan 24 – Shanghai’s Urban Transportation Administration Bureau has announced that any representative office established in Shanghai before January 7, 2007 has until February 5, 2007 to apply for a vehicle license plate free of charge. In the past, every representative office in Shanghai was entitled to one vehicle license plate. However, early this[…..]

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    China Gives Southeast Asia’s Poorest First Time Access to Consumer Goods

    This is the fifth 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 Laos. By Andy Scott VIENTIANE, Laos, Jan. 23 – The Lao[…..]

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    Preparation the key to transfer pricing documentation requirements

    By Steven Carey, Douglas Fone and Dr. Jian Li HONG KONG, Jan. 22 – The Implementing Regulations that have been in effect from January 1, 2008 for the new Corporate Income Tax Law are the result of several years of deliberation by the State Administration of Taxation on transfer pricing. Tax authorities globally have been[…..]

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    Dezan Shira & Associates global network billing reaches US$1.6billion in 2007

    Big Four staff moving to larger boutique firms as industry focus shifts LAS VEGAS, Jan. 22 – The Leading Edge Alliance firms yesterday revealed their total billing for professional services globally reached US$1.6 billion for 2007, an increase of 21 percent over 2006 figures. Dezan Shira & Associates, the Alliance’s largest Asian practice announced individual[…..]

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