Other Briefings
Dezan Shira & Associates global network billing reaches US$1.6billion in 2007
Big Four staff moving to larger boutique firms as industry focus shifts LAS VEGAS, Jan. 22 – The Leading Edge Alliance firms yesterday revealed their total billing for professional services globally reached US$1.6 billion for 2007, an increase of 21 percent over 2006 figures. Dezan Shira & Associates, the Alliance’s largest Asian practice announced individual […]
China’s labor law – The reality for overseas investors
Drafting an employment handbook a sensible step to take to minimize liabilities and identify terms By Chris Devonshire-Ellis and Richard Hoffmann Jan. 18 – Much has been made of the new Labor Contract Law in China, with regrettably a lot of hot air from excitable “China” lawyers as well. Harem scarem stories of a massive increase in […]
1926 China government lottery bond
The Republic of China issued this 5 Dollar Second Nationalist Government Lottery Loan bond in 1926 to raise money to finance improvements in the Port of Whampoa, near Guangzhou (click on photo to enlarge). Rather than pay interest, and to guarantee investment from the natural gambling instincts of the Chinese, the bonds were automatically entered […]
Battling rampant inflation, Beijing caps prices on food commodities
Food coupons may be re-introduced BEIJING, Jan 18 – The National Development and Reform Commission announced that from today prices on basic commodities such as grains, meat, milk, edible oil, eggs and liquefied petroleum gas would be curbed with immediate effect. This is the first occasion in 15 years Beijing has taken such a step, […]
China looks to Southeast Asia, but roads continue to hinder development
This is the fourth in a series of articles that looks at China’s borders. As China has grown in the last 30 years, so have the often complicated relationships it has with its many varied neighbors. In this article, we take a look at Laos. By Andy Scott VIENTIANE, Laos, Jan. 17 – Trade between […]
Hong Kong moves towards provision of Islamic financial services
Possible changes in tax law to facilitate entry of Islamic fund market By Chris Devonshire-Ellis HONG KONG, Jan. 16 – Hong Kong’s Financial Secretary, Joseph Tsang, yesterday committed to the development of Hong Kong as an Islamic financial centre by seeking to attract more Muslim investors. The territory has just announced it has applied to […]
“Can you afford it?” rather than regulatory barriers now join the issues for entering the China market
China Mobile suspend talks with Apple over selling iPhone in China China Mobile has announced they have just broken off talks with Apple over the sales of the iPhone into the Mainland China market. The deal’s bone of contention essentially is over the industry practice of mobile operators giving equipment suppliers a cut of the […]
Oil imports up 12.4 percent to 163.17 million tons in 2007
Jan. 14 – China’s crude oil imports rose 12.4 percent in 2007 over the previous year to a record 163.17 million tons, according to customs figures. Crude oil imports for 2006 were 138.8 million tons, representing an increase of 16.9 percent from the previous year. Exports, however, fell 38.7 percent year-on-year to 3.89 million […]
