Dezan Shira & Associates AGM Reveals Shift in China Policy
Dec. 4 – The foreign direct investment practice Dezan Shira & Associates have just concluded their four-day-long Annual General Meeting with members of the firm flying into Beijing from each of the firm’s 10 China offices, plus country managers from India and Vietnam. Commenting on the practice development, Alberto Vettoretti, managing partner for China, observed […]
The RMB Position and the Mysteries of the China Unemployment Fund
Op-Ed Commentary: Chris Devonshire-Ellis Nov. 12 – Several claims have been made by China recently over the need for it to maintain the RMB position, and that any large correction of its position against the U.S. dollar would have serious impacts on rising unemployment, factory closures, and in the word’s of Li Ruguo, the chairman […]
China Industry: Nov. 9
Nov. 9 – This is a regular series of relevant industry news from around China. Air transport China Southern Airlines carried 6.59 million passengers in September, an increase of 20 percent compared to the same month last year. The airline transported 20 percent more mail and cargo in September, or 113,880 tons. Passenger load factor […]
China’s Fastest Growing Provinces: The Demographics
Nov. 8 – At the recent Economist China Summit, Michael Koenig and Christophe Bezu, of Bayer and Adidas respectively, emphasized that Central China would experience renewed growth and development as per capita GDP and household disposable income increased at the same time that the coastal areas experienced a slowdown. Last week, we featured the top […]
China’s Fastest Growing Cities: The Demographics
Growth in Inland Cities as Coastal Regions Slow Down Op-Ed Commentary: Chris Devonshire-Ellis Nov. 5 – At the Economist China Summit earlier this week, the publication, in a special session, identified the fastest growing cities in China. Taking into account rises in per capita GDP and disposable income, the top five came out as being […]
Conducting Due Diligence on Chinese Financial Statements
By Sabrina Zhang Jun. 10 – When it comes to conducting due diligence on Chinese financial statements, it is common to find that accounts have often been incorrectly prepared. In order to gain a better understanding of the value of the business, adjustments need to be made. In this article, we will focus on understanding […]
Hong Kong Professor Charles Kao Wins Nobel Prize for Physics
HONG KONG, Oct. 9 – Chinese University Professor Charles K. Kao has been awarded the Nobel Prize for Physics. Kao, along with Willard Boyle and George Smith won the prize for pioneering “masters of light” work on fiber optics and semiconductors, the Nobel jury said. The Hong Kong-based Kao and his two American counterparts were […]
China Industry: Feb. 26
Feb. 26 – This is a regular series of relevant industry news from around China. Solar power According to a report by Bharat Book Bureau, in 2008, the additional installed capacity of wind power in China was 6.3 GW and the total installed capacity reached 12.2 GW. The total installed capacity of wind power in […]