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    Vote for Amcham China’s chairman to carry the Olympic torch!

    By Chris Devonshire-Ellis BEIJING, Sept. 25 – Jim Zimmerman, chairman of Amcham China, has just done a wonderful thing and entered into the China Daily newspaper competition to select four foreigners living in China to carry the Olympic torch amongst the many locals selected as it nears Beijing for the opening ceremony. As the competition[…..]

  • by Reading Time: 3 minutes

    The local vs state government debate: China steps backwards

    By Chris Devonshire-Ellis BEIJING, Sept. 24 – Last week I wrote about the differing legal responsibilities government in China can have, and specifically concerning a case we handled with PWC and Jun He concerning staff mandatory welfare payments, and whether or not the local government had the right to negotiate on these. Our legal research[…..]

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    Inflation, shortage of skilled staff will lead to higher salaries in 2008

    Companies will have to increase their budget for salaries by nearly 10 percent for next year, according to an industry report released yesterday. As reported in the Shanghai Daily, the salary increases are a result of both inflation and a shortage of talent. This will add pressure on the companies to improve their profitability, said[…..]

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    Government blessings on investment a good thing?

    We’ve seen many cases over the years whereby foreign investors have been attracted to making a decision concerning a particular investment by the charms of the local government officials. “You have my full support” being a common statement made by city mayors. Yet, later on in the investments life, we have seen problems arising. The[…..]

  • by Reading Time: 8 minutes

    Structuring foreign invested enterprises

    By Zoe Zhou/Dezan Shira & Associates  GUANGZHOU, Sept. 18 – To establish and operate a foreign invested enterprise (FIE) in China is a time consuming and sometimes frustrating experience for a lot of foreign investors. Good pre-investment due diligence and proper business structuring will help to minimize the negative elements and make the whole process more efficient.[…..]

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    Listing Chinese companies: Mandatory welfare payment liabilities – Whose authority counts?

    By Chris Devonshire-Ellis  BEIJING, Sept. 17 – We’ve had an interesting due diligence issue crop up at Dezan Shira & Associates this past few weeks as part of a three firm consortium looking at the assets and liabilities of a Chinese national business (retail industry, 17 stores across China) that wishes to list in Hong Kong. PWC[…..]

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    Buying at the Canton Trade Fair? Watch your due diligence and go for the final day bargains

    Sep. 14 – The time of year when autumn turns leaves gold sees many Western traders also pack their bags, head for the airport with China visas neatly stamped in their passports. Yup, it’s Canton Trade Fair time again. And two months later, it’s time when phones start ringing at the Guangzhou offices of Dezan[…..]

  • by Reading Time: 2 minutes

    The Chinese limited liability status grand misrepresentation technique

    A commonly misunderstood area by foreign investors when assessing the creditworthiness of a Chinese business is the aspect of “Limited Liability Status.” Usually, in the West, this is issued in the form of a cash injection into the business, and can be checked via the public records office. Extending credit then, say of US$1 million,[…..]

Showing 8 of 4996 articles