Other Briefings
Dalian Emerging as Outsourcing Hub
Jul. 17 – China’s northern city of Dalian in Liaoning Province is emerging as one of the key outsourcing hubs in the country. Due to the province’s proximity to Japan, it has primarily attracted investment from Japanese investors and now handles an estimated 80 percent of Japan’s outsourcing needs. Since the 1990s, the city has been […]
Local Tax Bureau Cracking Down on Foreign Companies
SHANGHAI, Jul. 16 – Dezan Shira & Associates clients across the country are reporting a recent spate of unannounced visits to their premises by local tax bureau officials demanding to inspect books and inquiring about salary levels. In most instances, this has been followed by requests for additional tax payments, questions about expatriate staff salary […]
Largest Shipyard in the World Opens in Dalian
Jul. 3 – The largest shipyard in the world, used for the final assembly of big ships and measuring 460 meters long with a width of 135 meters, has opened in Dalian, a coastal city located northeast of China. The shipyard located in Changxing Island has bypassed the Philippine shipyard built by Hanjin Heavy Industries […]
China to Build Economic Zone in Liaoning Province
Jul. 2 – China will soon build a 700 square kilometer coastal economic belt in the northeastern Liaoning Province specializing on shipbuilding, petroleum refining, advanced equipment manufacturing, raw materials, high-tech industries and agriculture processing, according to reports. The province is located in the country’s northeast bordering the Bohai Gulf, North Korea, the Yellow Sea, Jilin […]
New Censorship Rule Worries the United States
Jun. 22 – In a rare move, the United States has submitted a complaint regarding China’s new plan to tighten internet censorship by requiring that all PCs in the country be preloaded with web-blocking software. Representatives from the U.S. embassy in Beijing recently met with China’s officials to discuss the issue. “We view with concern […]
Beijing Eases Foreign Investment Rules for Chinese Companies
Jun. 11 – Beginning August 1, Chinese companies can now use their foreign exchange funds or buy from the state reserve to fund overseas ventures; easing rules for overseas investments. According to the State Administration of Foreign Exchange (SAFE), previously only large multinational companies were allowed to use their forex funds to lend to overseas […]
Yahoo to Open Global R&D Center in Beijing
BEIJING, Jun. 10 – American internet giant Yahoo has announced that it will open a global research and development center (R&D) in Beijing focusing on research on search, advertising, cloud computing, and other personal internet tools and technologies. The center will be the third of the company’s global R&D networks with the other two located […]
Gov’t Wants Censor Software on All PCs Sold in China
Jun. 8 – Beijing is planning to require that all personal computers sold in the country starting July 1 include preloaded software that blocks access to websites deemed inappropriate by censors. The software whose name translates to “Green Dam-Youth Escort” in English would connect PCs with a database of banned sites then block access to […]
