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China Briefing Blog 
Provides news, analysis and commentary on economic, business and regulatory issues in China.
Post Frequency: 3.4/day Last Entry: May 25, 2010 at 04:47:32 Recent Entries: 561
By Andy Scott and Chris Devonshire-Ellis
Go to China Briefing Blog, find other International Law blogs, or browse all law blogs.
Shanghai Expo 2010: The French Pavilion
Posted on August 09, 2009The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships [...
China Remembered: The Jianguo Hotel Gets a Fax Machine
Posted on August 07, 2009By Chris Devonshire-Ellis Aug. 7 - China at the end of the 1980s was a very different place than it is now. The platform of contemporary China in terms of infrastructure was already being put in place and China?s rise was perfectly timed in terms of its taking place during the communications revolution ? email and [...
Shanghai Petitions Currency Rule Changes to Attract More Foreign Private Equity Firms
Posted on August 05, 2009SHANGHAI, Aug. 6 ? Local government officials are petitioning that restrictions on private-equity firms be changed to encourage attract more foreign private-equity firms to open offices in the Pudong financial district. Director-general of Shanghai’s financial-services office, Fang Xinghai, told the Wall Street Journal that the city wants foreign private-equity firms that raise majority of their capital [...
CBRC to Restrict Chinese Interbank Bond Holdings
Posted on August 04, 2009Aug. 4 - The China Banking Regulatory Commission is set to tighten banks capital rules by excluding subordinated bonds sold to other banks from their capital base. The regulator has sounded out banks concerning the plan, according to the South China Morning Post, who quoted a spokesman as saying ?the CBRC wants to restrict bank?s mutual [...
China Announces US$7.5 Billion Rail Investment in Venezuela
Posted on August 04, 2009Aug. 4 - China?s state-owned Railway Engineering has signed a US$7.5 billion agreement with the Venezuelan Railway Authority to design and build a 471 kilometer rail network throughout the country. This is China’s single biggest rail investment project and is also Venezuela?s largest non-oil contract...
China Industry: Aug. 5
Posted on August 04, 2009Aug. 5 - This is a regular series of relevant industry news from around China. Solar power Chinese photovoltaic (PV) cells and modules maker Suntech Power Holdings said it has inked a strategic agreement with China Energy Conservation Investment Corporation (CECIC) to develop solar projects over the next five years...
Are China?s Banks In Trouble?
Posted on August 04, 2009Aug. 5 - Recent speculation suggests China may be mired in non-performing debt at a larger scale than previously thought after the recognition that at least 20 percent of the stimulus plan has leaked out of the banking system and into speculative activities...
Remodeling China?s Economy, the Bear to Watch
Posted on August 03, 2009By Chris Devonshire-Ellis Aug. 3 - Andrew Peaple in today?s Wall Street Journal article wrote an interesting piece on China?s stimulus habit which details new concerns over the remodeling of its economy. As I mentioned in my recent essay, China is having to remake its economic model and move away from such an export driven base...
Shanghai Expo 2010: The German Pavilion
Posted on August 03, 2009The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships [...
Ten Years of Establishing and Operating Foreign Businesses in China
Posted on August 03, 2009SHANGHAI, Aug. 4 - As part of China Briefing?s ten years of publishing, here is a quick ?do-it-yourself? breakdown of the most popular issues of the magazine that deals with establishing and operating foreign businesses in China. These are taken from the China Briefing archives...
Plague Outbreak Kills Two in Qinghai
Posted on August 02, 2009Aug. 3 - An outbreak of pneumonic plague has hit the town of Ziketan in China’s western province of Qinghai, killing two and leading to the full quarantine of its estimated 10,000 residents. According to the Centers for Disease Control and Prevention (CDC) website, pneumonic plague occurs when the bacteria, Y...
United States to Allow More Hi-Tech Exports to China
Posted on July 31, 2009Jul. 31 - The United States will soon allow more hi-tech exports to China as part of the issues agreed upon during the recently concluded China-US Strategic and Economic Dialogue this week. “The U.S. pledged to facilitate exports of high-technology products from the U...
Tax Bureau to Look at Cross Border Charges
Posted on July 30, 2009Jul. 30 - China’s State Administration of Taxation (SAT) has instructed local authorities to carry out tax audits on companies with cross-border charges. Local authorities in major cities will soon implement this following the Jin Bin Han [2009] No...
Keeping Your Chinese Partners Honest
Posted on July 30, 2009By Chris Devonshire-Ellis Jul. 31 - A Financial Times article published earlier this week told the story of how a German businessman was cheated out of his business in China. The story, written by Jamil Anderlini, deals with the tale of businessman Heinz Zuercher, who took up a position as CEO with the Frankfurt listed media [...
Swedish Government to Close Guangzhou Consulate by November
Posted on July 29, 2009Jul. 29 - The Swedish government has announced the closure of their consulate in Guangzhou by November 30 along with one embassy and three other consulates-general due to budgetary constraints. On July 23, the government said on its website that they would close Sweden’s Embassy in Colombo and the Swedish Consulates-General in Guangzhou, Kaliningrad, Los Angeles [...
China Industry: Jul. 29
Posted on July 29, 2009Jul. 29 - This is a regular series of relevant industry news from around China. Solar power Canadian Solar said it had received ISO/IEC17025 accreditation for its photovoltaic (PV) reliability testing center in Changshu, China. The center gained the accreditation from China National Accreditation Service for Conformity Assessment, which is solely responsible for the accreditation of certification, [...
Uyghers Should Develop Tolerance in Chinese Lands
Posted on July 28, 2009By Chris Devonshire-Ellis Jul. 29 - China is a multi-faceted nation with some 55 officially recognized, non-Han minorities and banknotes that depict six separate languages so the potential for conflict is always simmering just beneath the surface. Nowhere is this more starkly demonstrated than in Tibet and Xinjiang...
AmCham: Market Shifting to Higher-End Manufacturing
Posted on July 28, 2009Jul. 29 - The American Chamber of Commerce in Shanghai has released the first of its Viewpoint series focusing on the manufacturing industry in China and how it is evolving to include higher-end manufacturing. The issue reports how China will no longer remain a source of cheap labor and resources in the future...
Threat of Mass Layoff Leads to Death of Factory Manager
Posted on July 27, 2009By Chris Devonshire-Ellis Jul. 27 - The beating to death of a factory manager in North-East China by workers has raised fears of a resurgence of the type of violence once encouraged by the Communist Party against capitalists during the Cultural Revolution...
Shanghai Eases FDI Threshold
Posted on July 27, 2009SHANGHAI, Jul. 27 - In an effort to further ease foreign investment into the city, Shanghai’s district-level officials will now be allowed to sign off on projects worth as much as US$100 million beginning August 1. The move is part of Shanghai’s overall plans to become an international finance capital...
P&G to Build Largest Asia Pacific Manufacturing Hub in Tianjin
Posted on July 27, 2009TIANJIN, Jul. 28 - Procter & Gamble is slated to complete its biggest manufacturing base in the Asia Pacific region in China’s northern city of Tianjin at a cost of US$248 million. The plant will be located in the city’s southwest district of Xiqing...
China Loses Trade Dispute with the United States
Posted on July 24, 2009Jul. 24 - The World Trade Organization has ruled in favor of the United States over a dispute that accused China of breaking international trade rules by restricting the distribution of American CDs, DVDs, books and computer software to Chinese state-owned companies, reports The Associated Press...
Around Asia: Jul. 23
Posted on July 23, 2009Jul. 23 - A weekly look at China and related influential regional news. ASEAN Ratifies New Human Rights Commission The Association of Southeast Asian Nations (ASEAN) has agreed to the formation of a new human rights body that was ratified this week and will be implemented in October...
Half Of China?s Judiciary ?Have No Legal Training?
Posted on July 23, 2009Jul. 23 - According to a survey, 14 out of 30 provincial chief justices have had no legal training, reports the South China Morning Post. Of the judges participating in the survey, 14 possessed no prior legal training or experience working in China?s court system prior to their appointments...
A Look at China?s Half Year Report
Posted on July 23, 2009By Jie Gong SHANGHAI, Jul. 23 - China’s National Bureau of Statistics has just released its latest economic figures this month and it paints a picture of how the country has fared thus far with half the year already over. China Briefing has compiled the official economic figures announced by various government agencies in a chart that [...
Shenzhen Government Lowers Average Salary Benchmark
Posted on July 23, 2009SHENZHEN, Jul. 23 - The Labor and Social Security Bureau has lowered the average pay scale in the city for the first time since 1999 in a salary reference document for employers released last Monday. According to Shenzhen Daily, the average salary in the city decreased by 3...
Shanghai Expo 2010: The U.S. Pavilion
Posted on July 22, 2009The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships [...
Beijing Orders Banks To Increase Bad Debt Reserves
Posted on July 21, 2009Jul. 22 - The chairman of China’s Banking Regulatory Commission (CBRC), Liu Mingkang, has told all mainland-based banks, and some overseas banks such as HSBC and Citigroup to increase their bad-debt loan reserves by 150 percent by the end of this year...
U.S. Buyers Influencing China?s Manufacturing Moves To Latin America
Posted on July 20, 2009By Chris Devonshire-Ellis Jul. 21 - As the global economy further integrates and the price of oil looks set to gain in the long-term, U.S. buyers, are realizing that they are generating the upper hand over Chinese manufacturers in the supply of products to the United States...
China?s Income Tax Generation Collapses
Posted on July 19, 2009Jul. 20 - China?s income tax base has shrunk even further as taxpayers are badly hit by the global downturn. With a small income tax paying base of about 30 million people from a population of 1.3 billion, the country’s inland revenue has struggled to generate sufficient income and meet monthly targets...
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