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    Housing fund contributions change for Beijing, Shanghai and Guangzhou

    Provincial tax authorities recently announced an amendment to the regulations that govern tax free contributions to basic pension funds, basic medical insurance, unemployment and housing funds (Cai Shui (2006) Circular 10). Effective July 1, 2007, provincial supervision bureaus have put in place new regulations on housing fund contributions for Beijing, Shanghai and Guangzhou. When it was issued[…..]

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    AirAsia launches cheap flights to Shenzhen

    AirAsia launched its Shenzhen service today with nonstop flights from Kuala Lumpur and Bangkok, the first routes into mainland China for the Malaysia-based budget airline founded in 1993. Group Chief Executive Officer Dato’ Tony Fernandes Berhad of AirAsia said, “We have continued to create history by introducing flights to untapped markets as we have always[…..]

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    China to stop using corn for biofuel in five years

    In an effort to develop biofuel alternatives without harming the general food supply, China is shifting its dependence on corn as the main raw material to sorghum, cassava and sweet potato plants in the next five years. Cassava and sweet potato are both high-yield plants, and while edible, are not a stable food like corn and won’t create[…..]

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    Doors close on Starbucks’ controversial Forbidden City outlet

    There will be no more Frappaccinos or lattés in the Forbidden City as Starbucks closed down its controversial outlet situated inside the former imperial palace on Friday. The closure brought an end to a seven-year presence that sparked controversy and protests that the image and cultural heritage of the historical site was being trampled on by the[…..]

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    New rules for foreigners buying property in Shenzhen come into effect

    Foreigners are now limited to buying one home for personal use in Shenzhen. The rule, which came into effect Wednesday, states that all non-mainlanders, including overseas nationals, Chinese citizens resident overseas and residents of Hong Kong, Macau and Taiwan, will be allowed to buy property only if they sign a guarantee that the house is[…..]

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    2.6 million join China’s Communist Party

    Workers of the world China unite! Xinhua reported that approximately 2.64 million people joined the Communist Party last year. That is 160,000 more people than the previous year, according to the Organization Department of the CPC Central Committee. To put that into perspective, that figure represents the entire population of the state of Utah in the[…..]

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    Shanghai to open three new metro lines by end of year

    Shanghai will open three new metro lines by the end of the year, extending the total distance of the network to 230 kilometers authorities at the city subway’s construction headquarters announced. Metro Line 6 will run south to north in Pudong, Metro Line 8 links Yangpu District with many downtown stops, and Metro Line 9 links Xuhui[…..]

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    Are blogs destroying serious reading?

    In an op/ed in today’s Shanghai Daily, Wan Lixin laments that serious reading has gone the way of the dodo.  He writes that, according to a recent survey by the Chinese Institute of Publishing Science, the number of Chinese reading books has decreased sharply since 1999. Wan says that it is not only China that has been[…..]

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