Other Briefings
China joint ventures offer easier access to China markets
JVs seen as China development refinancing and cost effective investment vehicles by many multinational investors By Chris Devonshire-Ellis Mar. 10 – JVs are still a primary choice for foreign investors wishing to manufacture and sell onto the Chinese market. While recently, foreign legal media has appeared to dismiss China JVs as potential for problems and […]
NPC: Private investors encouraged to invest in China’s railways
BEIJING, Mar. 10 – As we alluded to February 26, the Minister of Railways Liu Zhijun has encouraged overseas and domestic private investors to invest in China’s rail infrastructure as country steps up construction of its railway network. “We welcome overseas and domestic private investors to get part ownership of the railway lines, except […]
Individual income tax reports must be filed by the end of March
Expatriates earning income in China must self report within the next two weeks Mar. 8 – China’s new self reporting regulations dictate that expatriates working in China and earning salaries of over RMB120,000 annually must complete self reporting and complete their individual income tax returns by the end of this month. Late payment penalties of […]
China allows more foreign banks to incorporate locally
BEIJING, Mar. 7 – China’s banking regulator said yesterday it would continue to push for the local incorporation of foreign banks. The China Banking Regulatory Commission (CBRC) also urged locally incorporated foreign banks to build a wall separating themselves from parent banks and remaining Chinese branches. They should also set up independent risk control, accounting and […]
NPC: Concerned by rising prices, China pledges to keep CPI growth to 4.8 percent
BEIJING, Mar. 6 – Premier Wen Jiabao pledged to cap China’s consumer price index (CPI) growth rate within 4.8 percent in 2008 – the average level of last year, to ease the country’s mounting pressure of inflation. The country’s economy will be steered to move at around 8 percent this year, on the basis of […]
As costs increase in China, Thailand and other “Tigers” see renewed investor interest
By Andy Scott Mar. 5 – Prior to the Asian Financial Crisis of 1997, the Tiger Economies of Southeast Asia attracted the kinds of glowing press accolades and investor attention that China and India have now come to expect. As the fastest developing region in the world, money poured into Thailand, Malaysia, Singapore, Indonesia and […]
Can your China manager manage?
Local Chinese standards may be eating away at your businesses ability to globally compete By Chris Devonshire-Ellis Mar. 4 – Can your China Manager manage? In times when increasing numbers of foreign invested companies in China are localizing – is your Chinese manager really capable of running your multinational business within the law and to […]
China’s shipbuilding tonnage up 30 percent
Mar. 4 – China’s shipbuilding tonnage jumped 30 percent to 18.93 million tons in 2007, the country’s top economic planning agency said Saturday. China, the world’s third-largest shipbuilder after Korea and Japan, accounted for 23 percent of the world’s market share, an increase of four percent over 2006. A total of 14.9 million tons of […]
