China Briefing News

PBOC Simplifies Cross-Border RMB Transactions


Jul. 18 – China’s central bank, the People’s Bank of China (PBOC), recently released the “Circular Concerning the Simplification of Cross-Border RMB Procedures and Improvement of Relevant Policies (hereinafter referred to as “Circular”)” to provide a series of new measures to help simplify cross-border RMB transaction procedures and to improve the efficiency of the implementation of […]

Chinese Cities Rise in ECA Cost of Living Report


By Sofia Liska Jun. 28 – This year, Asian cities are once again moving up the ranks of global metropolises in terms of cost of living standards. According to a recent report published by ECA International, Beijing is now the 20th most expensive city in the world for international assignees (up from 48th in 2011) […]

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