Other Briefings
Hedging China – Could Apple Manufacture the iPad in India?
Op-Ed Commentary: Chris Devonshire-Ellis Feb. 17 – The recent dispute between Apple and Proview over the rights to the “iPad” trademark in China has seen some potentially disruptive actions taken, including legal requests made to China Customs looking to prevent Apple from shipping its iPads from China to overseas markets. This is a potentially highly […]
China Vows to Increase Wages and Improve Employment
Op/Ed Commentary: Vivian Ni Feb. 10 – In its latest 12th Five-Year Plan on Employment Improvement (“Plan”), China says it will continue working on increasing wage levels and controlling unemployment rates. Under these new targets, enterprises operating in China may face the challenge of increasing operational costs. Minimum wage and social welfare According to the […]
Taxation on Real Estate Rental Income in China
Including city-specific details on Chengdu, Guangzhou and Shenzhen Feb. 7 – Both Chinese nationals and a foreign individuals are subject to a combination of taxes on real estate rental income: including individual income tax (IIT), business tax (BT), property tax (PT), urban maintenance and construction tax (UMCT) and an education surcharge (ES). If simply left […]
Relax. South China Exports and Manufacturers are Doing Just Fine
Op/Ed Commentary: Chris Devonshire-Ellis Feb. 1 – With some media spotlighting potential problems in South China – and one blog even going so far as to suggest smart Chinese businessmen are queuing up to attract orders, only to deliberately declare bankruptcy – it’s time to look again at the realities of the situation. The actual […]
Guangzhou Simplifies Electronic VAT Declaration Procedures
Guangzhou’s value-added tax small-scale taxpayers are now not required to submit paper declaration forms when they file electronic VAT declarations.
Twenty Years Ago, Deng Changed China Forever
The “socialist market economy” was born this week in 1992 Op-Ed Commentary: Chris Devonshire-Ellis Jan. 16 – An anniversary occurs this week that may well go unnoticed by many – the 20th year since Deng Xiaoping, China’s premier at the time, visited Shenzhen as part of an unusual South China tour. To set the scene […]
Guangdong Party Boss Warns CPPCC of Hard Times Ahead
Jan. 13 – Wang Yang, the head of the Communist Party for China’s wealthy Guangdong Province, has alerted the Chinese People’s Political Consultative Conference (CPPCC) that the province faces a tough and difficult year ahead in 2012. Guangdong is by far the richest province in China, having boomed during China’s export crescendo, but has been […]
Shenzhen, Beijing Raise Minimum Wage Standards
On December 31, 2011, both Shenzhen and Beijing announced their new minimum wage standards for 2012. Following the adjustment, Shenzhen’s minimum wage standard will reach RMB1,500, the highest in the whole country.
