Anyone for North Korea?
By Chris Devonshire-Ellis BEIJING, Oct. 12 – Several years ago I visited North Korea as part of a business delegation with the Hong Kong General Chamber of Commerce. The mission was led by Dr. Eden Woon, now CEO China for Starbucks, then CEO of the Chamber, and previously – as an American CIA employee – part of […]
Inefficient coal plants shuttered in move to reduce consumption and pollution
By Andy Scott SHANGHAI, Oct. 12 – China closed 253 low-efficiency coal-firing power plants and replaced them with high-efficiency generators, reducing the annual coal consumption by 13.5 million tons and carbon dioxide emission by 27 million tons, said Vice Premier Zeng Peiyan at the second forum on Sino-Japan Energy Saving and Environmental Protection last week. A […]
China to open fourth bonded port in Hainan
Oct. 12 – The State Council moved ahead with plans for the country’s fourth bonded port in Hainan province Xinhua reported yesterday, yet another of the steps China is taking towards establishing a free trade zone with the Association of Southeast Asia Nations (ASEAN). The Yangpu Bonded Harbor Area in the Yangpu Economic Development Zone, […]
High-speed Shanghai-Beijing train gets green light
SHANGHAI, Oct. 10 – The central government has given the Beijing-Shanghai high-speed railway the green light according to a notice posted on the National Development and Reform Commission’s website Tuesday. With a speed of up to 350 kilometers per hour, the high-speed train would shorten rail travel times between Beijing and Shanghai from the current […]
China Briefing: Saving energy one search at a time
China’s economic boom and rapid urbanization has stretched the nation’s energy resources dangerously thin. It doesn’t help that more than 70 percent of that energy comes from inefficient, pollution belching coal-fired power plants either. And with more and more Chinese migrating to fast rising urban centers, trading their pitch forks and shovels for air conditioners […]
Shenzhen announces regulations on registration of processing trade enterprises
SHENZHEN, Oct. 9 – Processing factories located in South China have until October 23 to decide if they want to register with the Shenzhen or local bureau of trade and industry if they want to retain their ability to import or export restricted materials should they decide to convert themselves into a foreign invested enterprise […]
Dalian High-Tech Industrial Zone shifts into high gear
By Adam Livermore DALIAN, Oct. 8 – Standing on a windswept hill overlooking the coastline of southern Dalian and looking towards the distant port town of Lushun, it is hard to visualize how the rolling rural landscape will look after it is swamped by the planned “silicon peninsula,” at least until you turn around and […]
New issue of China Briefing tackles due diligence
The October issue of China Briefing is out now, available for free download here. The issue tackles due diligence in China. Included in the comprehensive overview is due diligence buyers can conduct themselves on Chinese suppliers – with explanations on the content of a Chinese business license – and comments on sales and purchasing due […]