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International Law

China Briefing Blog

Provides news, analysis and commentary on economic, business and regulatory issues in China.
By Andy Scott and Chris Devonshire-Ellis

Post Frequency: 3.4/day

Last Entry: May 25, 2010 at 04:47:32

AmCham China Releases 2009 White Paper

Posted on May 07, 2009
May 7 - The American Chamber of Commerce in the People?s Republic China has released its 11th white paper on the state of American businesses in the country based on the views and experiences of its members. The 2009 White Paper is released by AmCham-China annually and is used by the organization as a basis for [...

China Revises Market Entry Policies for Banks

Posted on May 06, 2009
May 6 - Recently, the China Banking Regulatory Commission (CBRC) released the new market entry policies for branches of joint-stock commercial banks and urban commercial banks. The new policies called the Opinions on the Market Entry Policies for Branches of Small and Medium-Sized Commercial Banks include six clauses...

Stricter Visa Application Procedure for U.S. Citizens

Posted on May 06, 2009
May 6 - China has announced new rules for visa applications to the country for U.S. citizens; suspending express and rush services until further notice. All U.S. visa applications to China, including tourist and business visas, will now take six business days to process as opposed to the previous one day processing...

Around Asia: May 6

Posted on May 06, 2009
May 6 - A weekly look at important regional news. India Empowers 700 million People, China Looks On One of the fundamental differences between India and China is the democratic process of government. It?s a curious subject to delve into: Indian politicians look on with envious eyes at China?s one party state and their ability to push [...

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Are Privileged GAAP Treatments Keeping China?s SOEs Profitable?

Posted on May 05, 2009
May 5 - Findings by the research team at the Spanish bank BBVA uncovered specific treatments by the Chinese government used solely for the benefit of its own state-owned enterprises that appear to show a disregard for China?s own generally accepted accounting principles in terms of transparency and fair competition...

Alibaba Hikes Fees for Global Members

Posted on May 05, 2009
May 5 - China’s biggest e-commerce company, Alibaba, has announced that it will hike fees by as much as five-fold for its international members starting June 15. The new annual fee is priced at US$2,999 and will give members the same pricing and level of service that local domestic exporters receive...

CHINICT Founder Looks Forward to Successful IT Entrepreneurship Conference

Posted on May 05, 2009
May 5 - From May 21 to May 22, Beijing will play host to the largest networking, communication and brand-positioning event in Asia for the world?s fastest growing IT corporations. CHINICT [pronounced China-ICT] aims to bring together established industry heavyweights with up and coming IT companies, providing insight into market trends and introducing cutting-edge technologies...

China Approves Taiwan Straits Economic Zone

Posted on May 05, 2009
May 5 - China’s State Council has approved the development of an economic zone on the western side of the Taiwan Straits with Fujian Province at its hub and linking it to the Pearl River Delta and the Yangtze River Delta. This could mean that Fujian will get more policy support from the central government...

New China Briefing and Technical Guide Examine Transfer Pricing in China

Posted on May 04, 2009
May 4 - The May issue of China Briefing magazine is online and available for download (complimentary subscription available). Transfer pricing is a reality for most multinational companies in China, and with the implantation of the new Enterprise Income Tax Law, the arm?s length principle for pricing group transactions is now being actively enforced...

Guangdong Reports Boost in Ship Exports

Posted on May 04, 2009
May 4 - Guangdong province reported an increase of ship exports when it sold 42,000 vessels for the first quarter of the year at an increase of 230 percent. The total exports were made up of 49.1 percent or US$200 million by foreign-funded companies and the rest worth US$160 million was sold by state-owned enterprises...

Mainland China Investments in Taiwan Now Permitted

Posted on May 01, 2009
May 1 - New laws allowing Mainland Chinese companies to invest in Taiwan came into effect today, bringing to an end 60 years of cross-straits B2B restrictions. Previously, Chinese companies wanting to invest in Taiwan had to establish Hong Kong or other entities to do so, and even this was considered not politically prudent...

Foreign Businesses Permitted to List in Shanghai

Posted on April 30, 2009
SHANGHAI, Apr. 30 - China?s State Council yesterday approved plans to permit, on a trial basis, overseas companies to list on the Shanghai stock exchange. The ratification allows foreign companies to list on the exchange, to use RMB for trade settlements, and to float shares in RMB denominated bonds...

New Regulation on Releasing Financial Info

Posted on April 30, 2009
Apr. 30 - China’s State Council Information Office, the Ministry of Commerce, and State Administration for Industry and Commerce has announced a new regulation regarding the release of financial information in the country by foreign organizations...

China Industry: May 1

Posted on April 30, 2009
May 1 - This is a regular series of relevant industry news from around China. Solar power Taiwanese Motech Industries booked a net income of TW$48 million for the first quarter of 2009, 82 percentless than last year and the lowest in six years. Chinese photovoltaic (PV) cells and modules maker Suntech Power Holdings Co...

China Ramps Up Security for 60th Anniversary Celebration

Posted on April 29, 2009
Apr. 29 - China has announced that it would launch a security campaign in May similar to the measures taken last year for the Beijing Olympic to guarantee safety for the upcoming anniversary celebrations marking the founding the of the People’s Republic of China on Oct...

Around Asia: Apr. 28

Posted on April 28, 2009
Apr. 28 - A weekly look at China and related influential regional news. Vietnam Taking Precautionary Measures Against Swine Flu At the recommendation of health experts, Vietnam has established precautionary measures to protect itself from the spreading H1N1 strain of swine flu virus currently affecting people in Mexico and the Unites States...

China Signs Deals Worth US$10 Billion with U.S. Companies

Posted on April 28, 2009
Apr. 28 - At yesterday’s forum hosted by the U.S. Chamber of Commerce and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, Chinese companies signed 32 contracts with American companies worth US$10.6 billion...

China Sector Watch: Tourism

Posted on April 28, 2009
This series will take an in-depth look at the industries that are shaping the Chinese economy today. By Joyce Roque Apr. 29 - The tourism industry in China in many ways is still at its early stages. Compared to the other industries that opened up after the reforms made Deng Xiaoping thirty years ago, the industry has [...

Hong Kong Announces Strict Measures Against Swine Flu

Posted on April 27, 2009
Apr. 27 - Once the epicenter of a SARS outbreak, Hong Kong,has announced that it would implement strict measures in response to the reported swine flu outbreak in Mexico and the United States. According to the U.S.’s Centers for Disease Control and Prevention, at least 20 cases have been already been confirmed in New York, Ohio, [...

China to Spend US$10B in Next Phase of Stimulus Plan

Posted on April 27, 2009
Apr. 27 - As part of the next phase of its stimulus plan, Beijing is set to spend RMB70 billion or US$10.3 billion to be used mostly for infrastructure projects. The amount is part of the total RMB4 trillion yuan stimulus package announced by Beijing last November to help the economy cope with the global [...

Food Safety Law to Require Registration for Foreign Importers

Posted on April 24, 2009
Apr. 23 - Following the draft of a new food safety law, foreign food importers will need to register with the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) every four years to ensure the safety of their products. The new law is set to take effect on June 1...

New Postal Law May Limit Foreign Companies

Posted on April 24, 2009
Apr. 24 - China’s new legislation for postal services may restrict foreign companies from competing with domestic firms. The new Postal Law on the express delivery of documents is currently in its final stages and is expected to be approved soon when the standing committee of the National People’s Congress meet...

Zhuhai to Invest RMB317 Billion on Upgrading Infrastructure

Posted on April 23, 2009
Apr. 23 - The port city of Zhuhai in Guangdong Province is set to invest 316.9 billion to upgrade its infrastructure with 67 public works projects for this year alone. The shipbuilder, CSSC Jiangnan Heavy Industry, has already provided RMB44.3 billion in a shipyard in the city...

Will the Chinese Market Save the Auto Industry?

Posted on April 22, 2009
By Joyce Roque SHANGHAI, Apr. 22 ? If the ongoing 2009 Auto Show in Shanghai is any indication, automakers all over the world are hoping that Chinese demand will sustain them during these tough times. Porsche introduced its entry to the luxury sedan market during the eve of the auto show...

China to Restrict F Visas for 60th Anniversary

Posted on April 22, 2009
SHANGHAI, Apr. 22 - In preparation for the 60th anniversary of the founding of the People’s Republic of China, there has been talk that the government may restrict F visas beginning this month. The preparations for a large national celebration of the October 1, 1949 founding are already underway and should Beijing elect to tighten [...

Around Asia: Apr. 21

Posted on April 21, 2009
Apr. 21 - A weekly look at China and related influential regional news. India Back on Track as Chinese Ore Demands Provide Growth Steel output and a revival in the auto, housing and rural infrastructure sectors for Q1 in India point to a turning point for India?s economy, while other steel producing countries have seen a continuing [...

Five Nuclear Stations to be Built This Year

Posted on April 21, 2009
Apr. 21 - According to China’s National Energy Administration (NEA) there are plans to build five nuclear power stations in Zhejiang, Shandong, Guangdong and Hainan by the end of the year. The Sanmen Nuclear Power Plant in Zhejiang already begun construction last Sunday...

Porsche Unveils its First Sedan in Shanghai

Posted on April 20, 2009
SHANGHAI, Apr. 20 - Porsche introduced its first luxury sedan during the eve of the Shanghai auto show at the Shanghai World Financial Center; indicating its focus on the Chinese automobile market. It is the first time the car company formally entered a new market segment during an auto show outside the United States or Europe...

China Industry: Apr. 21

Posted on April 20, 2009
Apr. 21 -This is a regular series of relevant industry news from around China. Solar power Chinese solar power products manufacturer Trina Solar said yesterday it had supplied photovoltaic (PV) modules to a 4.7 MW rooftop installation in Italy. The project, developed by Italy-based investment company ErgyCapital at the end of February, is currently the country’s largest PV [...

Majority of China?s Richest Live Outside Big Cities

Posted on April 17, 2009
Apr. 17 - Majority of China’s wealthiest people live outside the huge cities of Beijing, Shanghai and Guangdong, according to a study. The Hurun 2009 Wealth Report announced that 825,000 people in China have a reported personal wealth of more than RMB10 million (US$1...

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