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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

UN Initiative in Greater Tumen Region to Boost Northeast China

Posted on February 03, 2009
BEIJING, Feb. 3 - The Greater Tumen area ? the land mass that covers Northeast China, the Asian part of Russia, Mongolia, and North & South Korea ? has been earmarked for special development and investment incentive status by the United Nations. China has already made commitments to this by hosting its own Heilongjiang International Investment [...

China Approves Tax Breaks and Subsidies for Service Outsourcing Industry

Posted on February 03, 2009
Feb. 3 - The State Council has approved tax breaks and subsidies to boost the growth of China’s service outsourcing industry. The measures will also include a series of tax and fiscal policies and intellectual property rights protection, reports Xinhua...

China Industry Report: Feb. 4

Posted on February 03, 2009
Feb. 4 - This is a regular series of relevant industry news from around China. Solar power Chinese photovoltaic (PV) modules maker Suntech Power Holdings Co. Ltd. said it has entered into a supply agreement with US-based Standard Solar Inc. Under the terms of the contract Suntech will supply up to 5 megawatts of photovoltaic solar panels [...

China Industry Report: Feb. 4

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Improvements Forecast For China?s Real Estate Market

Posted on February 02, 2009
Feb. 2 - The Shanghai based real-estate expert, Sam Crispin, has just released his latest report on China?s nationwide property markets. Crispin is the current Chairman of the Shanghai British Chamber of Commerce and is a Chartered Surveyor. He is a fluent Chinese speaker and has been a resident of China since 1988...

U.S. Energy Company Seeks To Raise US$200 Million on Hong Kong Listing

Posted on February 02, 2009
Feb. 2 - The U.S.-based energy company, China Hydroelectric, has announced plans to raise US$200 million through a listing in the Hong Kong stock exchange. Deutsche Bank and Merrill Lynch have been appointed to manage the sale, with a listing scheduled for three-four months time...

China in Asia: Feb. 2

Posted on February 02, 2009
Feb. 2 - Here is how China has been reported across the region over the past week. Asia According To The Big Mac Index Invented by The Economist magazine in 1986, Burgernomics is a modern, fast food version to calculate the purchasing power parity (PPP) of a nation...

Lunar New Year Holidays Boosts Spending by 13 Percent

Posted on February 01, 2009
Feb. 1 - China’s Ministry of Commerce announced retail sales increased by 13.8 percent to RMB290 billion during the Lunar New Year holidays despite the slowing economy, compared to the same period last year. The figure may point to a stable Chinese consumer sector that posted a 19 percent increase in retail sales last December...

Wen:China Considering New Stimulus Package

Posted on February 01, 2009
Feb. 2 - China’s premier,Wen Jiabao, said that Beijing was considering another economic stimulus plan in addition to the initial US$585 billion package announced last November. Mr. Wen spoke during an interview with the Financial Times during the fifth leg of a European tour tasked to assure trade partners that China will cooperate with the west [...

Dezan Shira & Associates Hire Senior US Practitioners

Posted on January 30, 2009
Dezan Shira & Associates has just announced the hiring of Hank Bourg to their Shanghai office. Hank joins Dezan Shira from LimeLife, Inc. a venture capital back startup based in Silicon Valley California (USA). He will initially be responsible for North American clients doing business in China...

Morgan Stanley: China Growth To Be 8% in 2010

Posted on January 30, 2009
Stephen Roach, the Chairman of Morgan Stanley, in an exclusive interview with Xinhua at the Davos World Economic Forum yesterday, was bullish about China?s ability to emerge from the global recession, stating that China ?is to witness a robust rebound in 2010, with its GDP growth topping 8 percent?...

China Industry Report: Jan. 28

Posted on January 27, 2009
Jan. 28 - This is a regular series of relevant industry news from around China. Wind power Bowen, a wholly-owned subsidiary of China’s CIAM Group Ltd. bought 45 percent of Huaneng Shouguang Wind Power for RMB84.03 million. U.S. Navajo Wind Energy Corp...

Beijing Lifts Restrictions for Foreigners Buying Real Estate

Posted on January 25, 2009
Jan. 26 - The Beijing government has lifted restrictions on foreigners wanting to purchase real estate in an effort to lift the slumping property market. For this year, the residency requirement and house type limits that applies for foreign expatriates have been removed...

Salary Reduction Under China?s Labor Law

Posted on January 23, 2009
By Chris Devonshire-Ellis Jan. 23 - With many businesses facing economic problems, the legal focus of business in China is shifting to an understanding of the implications of the new labor law, and specifically, its provisions for the reduction of staff salaries...

China to Top Global GDP League in 2009

Posted on January 23, 2009
Jan. 23 - Our sister website, 2point6billion, has just run a piece on how Asian economies are likely to perform against those of the developed world this year. The recent news of the decline of China?s GDP to 9 percent for 2008, draws up interesting conclusions about the country...

Happy Chinese New Year

Posted on January 23, 2009

Shanghai to Begin RMB Settlement Trials

Posted on January 23, 2009
SHANGHAI, Jan. 24 - The local government said it is likely to participate in the second batch of yuan-settlement trials to deal with export slowdown and the instability of the U.S. dollar. Last December, the State Council announced it would use the Chinese currency yuan to settle trade payments in Guangdong province, the Yangtze [...

China Industry Report: Jan 24

Posted on January 23, 2009
Jan. 24 - This is a regular series of relevant industry news from around China. Solar power Japanese solar modules maker Sun Dream Co. inked an agreement with Taiwanese Jumao Photonics Co. Under the terms of the contract Sun Dream will supply components to the Taiwanese company which will assembly the products and market them in China...

China Releases New Business Tax Rule for Service Contracts

Posted on January 22, 2009
By Sabrina Zhang Jan. 22 - China?s State Administration of Tax (SAT) has passed a surprise amendment concerning the calculation of Business Tax (BT) effective January 1st. The new rule changes the BT levying principle and affects all overseas companies contracting labor and services to other companies or people based in China...

China in Asia: Jan. 23

Posted on January 22, 2009
Jan. 23 - Here is how China has been reported across the region over the past week. China & India - Complementary or Contrasting? One might assume that China and India are mirror images of each other. They have different systems of government, attitude to FDI and excel in contrary economic sectors...

China?s GDP Grows by 9 Percent in 2008

Posted on January 21, 2009
Jan. 22 - China’s National Bureau of Statistics announced that gross domestic product (GDP) grew by 9 percent to RMB30.067 trillion in 2008. This is the first time since 2003 that China reported less than double-digit growth and is the slowest growth since 2001, when GDP rate was 8...

China, HK Agree to Currency-Swap Deal

Posted on January 21, 2009
Jan. 21 - Hong Kong and Mainland China has agreed to currency-swap deal as part of the central government’s efforts to help the economic development of the territory. The deal is expected to strengthen Hong Kong’s role as an international finance center and will provide liquidity support worth HKD227 billion or about US$29...

Mainland Investors to Access Taiwanese Stocks Soon

Posted on January 19, 2009
Jan. 20 - Chinese mainland investors may soon be able to access Taiwanese stocks when bourses finalize cross-listing exchange traded funds (ETFs), says market experts. An agreement between the Shanghai and Taiwan bourses will be signed soon and this should be followed by talks on cross-listing ETFs...

Chinese Domestic Travel to Thrive During Holidays

Posted on January 18, 2009
Jan. 19 - Chinese domestic travel during the Spring Festival holiday is expected to be robust despite global economic slowdown, according to the latest survey results. Market research company, Nielsen said that almost half of the respondents in an online survey said they would take up domestic tour packages during the holidays...

China Industry Report: Jan. 19

Posted on January 18, 2009
Jan. 19 - This is a regular series of relevant industry news from around China. Solar power China plans to build its largest solar powerhouse connected to the grid in Qinghai’s Qaidam Basin. The construction of the 1 GW project will start in the latter part of 2009...

Perkowski Leaves ASIMCO

Posted on January 16, 2009
Jan. 17 - Jack Perkowski; the founder and chairman of ASIMCO Technologies, has left the company. In a statement issued to ASIMCO employees, president and CEO Gary Riley announced that ?effective immediately,? Leland Lewis would replace Perkowski on the board and assume the role of non-executive chairman of the board of directors...

A Look at Recessions of the Past in China

Posted on January 16, 2009
Jan. 16 - Every Friday afternoon we feature a round up of the best weekly stories and articles from China Expat that bridge the gap between China business and culture. We hope you?ll find them interesting and enjoyable. Remembrance of Chinese Downturns Past Luckily, one of the tourists recorded it on a cell phone...

Hong Kong Ranked World?s Freest Economy for 15th Time

Posted on January 16, 2009
Jan. 16 - The U.S. Heritage Foundation and Wall Street Journal has ranked Hong Kong at the top spot of its 2009 Index of Economic Freedom for the 15th consecutive year, besting 183 countries based on 10 specific economic freedoms. Hong Kong scored 90, 0...

Former U.S. President Carter and Henry Kissinger Cement Nixon?s Operatic China Ties

Posted on January 16, 2009
By Chris Devonshire-Ellis Jan. 16 - In a little heralded diplomatic event this week, former U.S. President Jimmy Carter and statesman Henry Kissinger met with President Hu Jintao and Premier Wen Jiabao in Beijing to celebrate the 30th anniversary of U...

Alert! New RSS feed for China Briefing News

Posted on February 25, 2008
Please note that as of today, February 26, China Briefing will be using a new rss feed. To continue to receive China Briefing updates, news and analysis, please change the feed in your rss feed reader to www.china-briefing.com/news/feed. This will be the last entry on the www...

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