Other Briefings
Tax Bureau Clarifies Investment Terms for Western Region
Aug. 19 – The State Administration of Tax has issued a circular to clarify the definitions set forth in the previous Caishui 202 regarding tax incentives for developments in China’s western regions, including Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang, Inner Mongolia and Guangxi. The SAT clarifies that the term “newly established […]
Shanghai Expo 2010: The Singapore Pavilion
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships […]
Pudong Issues Rules on Foreign Invested Equity Investment Enterprises
SHANGHAI, Aug. 14 – Pudong New Area authorities have just issued guidelines for foreign private equity companies opening in the area. According to the circular, foreign-invested equity investment management enterprises (FIEIMEs) can establish offices in the following forms: contractual joint venture; equity joint venture; or wholly foreign-owned enterprise. Registered capital for is pegged at a […]
Bank of East Asia Declares Interest in Shanghai Listing
SHANGHAI, Aug. 14 – Hong Kong’s third largest bank, the Bank of East Asia has declared interest in listing in Shanghai following news earlier this week that HSBC is also set to list in the city next year. BEA’s deputy chief executive, Brian Li, made the comments yesterday in Taiwan following a ceremony to rename […]
HSBC Set to List in Shanghai
By Chris Devonshire-Ellis Aug. 12 – HSBC is set to list their operations on the Shanghai stock market in a move that would see them return to their roots. The bank was founded by Thomas Sutherland in 1865 in Hong Kong and Shanghai and was called the Hongkong and Shanghai Banking Company Limited. It financed […]
Singaporean Business in China, a Continuing Partnership
By Emma Xu SHANGHAI, Aug. 11 – Singaporeans have a long history of doing business in China. Formal diplomatic relations between China and Singapore began in 1990 and helped further enhance this relationship as the Chinese market became more open to Singaporean companies. China has been Singapore’s top foreign direct investment (FDI) destination for the […]
Shanghai Petitions Currency Rule Changes to Attract More Foreign Private Equity Firms
SHANGHAI, Aug. 6 – Local government officials are petitioning that restrictions on private-equity firms be changed to encourage more foreign private-equity firms to open offices in the Pudong financial district. Director-general of Shanghai’s financial-services office, Fang Xinghai, told the Wall Street Journal that the city wants foreign private-equity firms that raise majority of their capital […]
Shanghai Expo 2010: The German Pavilion
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships […]
