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 […]
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 […]
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 […]
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 […]
China’s labor law – The reality for overseas investors
Drafting an employment handbook a sensible step to take to minimize liabilities and identify terms By Chris Devonshire-Ellis and Richard Hoffmann Jan. 18 – Much has been made of the new Labor Contract Law in China, with regrettably a lot of hot air from excitable “China” lawyers as well. Harem scarem stories of a massive increase in […]
1926 China government lottery bond
The Republic of China issued this 5 Dollar Second Nationalist Government Lottery Loan bond in 1926 to raise money to finance improvements in the Port of Whampoa, near Guangzhou (click on photo to enlarge). Rather than pay interest, and to guarantee investment from the natural gambling instincts of the Chinese, the bonds were automatically entered […]
Battling rampant inflation, Beijing caps prices on food commodities
Food coupons may be re-introduced BEIJING, Jan 18 – The National Development and Reform Commission announced that from today prices on basic commodities such as grains, meat, milk, edible oil, eggs and liquefied petroleum gas would be curbed with immediate effect. This is the first occasion in 15 years Beijing has taken such a step, […]
China looks to Southeast Asia, but roads continue to hinder development
This is the fourth 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. 17 – Trade between […]