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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

China to strengthen management of cross-border capital flows

Posted on January 30, 2008
BEIJING, Jan. 30 - China?s foreign exchange regulator said yesterday it will strengthen management of cross-border capital flows and short-term bank borrowing in 2008. The State Administration of Foreign Exchange will conduct checks on cross-border capital flows, paying particular attention to how foreign currency converted into yuan is used in China...

China struggles to recover from worst winter storm in 50 years

Posted on January 29, 2008
By Andy Scott SHANGHAI, Jan. 29 - The biggest winter storm to hit many parts of the eastern China in 50 years brought down buildings, closed train stations and left millions stranded throughout the country just days ahead of the biggest holiday season in China...

Can China and India save the world economy?

Posted on January 28, 2008
Jan. 29 - As fears of a U.S. recession begin to bite - Asian stock markets crashed yesterday by over 7 percent - we reproduce a story by Agence France Press on the issue. Quoting our own Senior Partner of Dezan Shira & Associates, as well as other informed names such as George Soros, Zhang Ming and [...

Asian stocks slide amid global recession concerns

Posted on January 28, 2008
By Andy Scott SHANGHAI, Jan. 28 ? Asia stocks tumbled Monday as traders took their cues from a faltering U.S. economy and a Wall Street that lost ground on Friday following a two-day rally. Following last weeks ups and downs, investor sentiment remained fragile throughout the region as stocks slumped on renewed fears of a global recession...

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New railways to further link Xinjiang to Central Asia

Posted on January 27, 2008
Jan. 28 ? Construction will hopefully start this year on two railways linking China’s westernmost Xinjiang Uygur Autonomous Region with the central Asian nations of Kyrgyzstan, Uzbekistan and Kazakhstan, Xinjiang government sources said. The railway, expected to be completed within the year, will link Korgas on the China-Kazakhstan border with China?s inland railways...

China to build 97 airports in next 12 years

Posted on January 27, 2008
Jan. 28 - Xinhua is reporting that China announced plans Saturday to build nearly 100 new airports by 2020 to cater for soaring demand. The proposals will mean eight out of every ten residents will live within 100 kilometers of an airport within 12 years, the General Administration of Civil Aviation said...

1927 Guangzhou government war bond

Posted on January 25, 2008
Jan. 25 - This bond was issued by the Finance Minister of the Kuomintang Party, which was then trying to establish a national government based in Guangzhou prior to the establishment of the Republic of China (click photo to enlarge). Valued at 10 yuan, and issued on February 1, 1927, it was intended to raise [...

U.S. recession fears not a global concern for China, India and the developing world

Posted on January 24, 2008
SAN FRANCISCO, Jan. 24 - Chris Devonshire-Ellis, Senior Partner of Dezan Shira & Associates and publisher of China Briefing has just been interviewed by Agence France-Presse over concerns that the U.S. markets may well tip the world into a global recession...

Shanghai ROs have until Feb. 5 to apply for vehicle license plate free of charge

Posted on January 24, 2008
SHANGHAI, Jan 24 - Shanghai?s Urban Transportation Administration Bureau has announced that any representative office established in Shanghai before January 7, 2007 has until February 5, 2007 to apply for a vehicle license plate free of charge. In the past, every representative office in Shanghai was entitled to one vehicle license plate...

China gives Southeast Asia?s poorest first time access to consumer goods

Posted on January 23, 2008
By Andy Scott VIENTIANE, Laos, Jan. 23 - The Lao call them Jin, and since the late 1800s when groups of marauding Chinese on horseback called Haw Jin first arrived, they have been coming into Laos in search of fortune. Southeast Asia has long had Chinese immigrants, and from Thailand and Singapore to Indonesia and the Philippines, many [...

Preparation the key to transfer pricing documentation requirements

Posted on January 22, 2008
By Steven Carey, Douglas Fone and Dr. Jian Li HONG KONG, Jan. 22 - The Implementing Regulations that have been in effect from January 1, 2008 for the new Corporate Income Tax Law are the result of several years of deliberation by the State Administration of Taxation on transfer pricing...

Dezan Shira & Associates global network billing reaches US$1.6billion in 2007

Posted on January 21, 2008
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...

China?s labor law ? The reality for overseas investors

Posted on January 20, 2008
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...

1926 China government lottery bond

Posted on January 18, 2008
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

Posted on January 17, 2008
Food coupons may be re-introduced BEIJING, Jan 18 - The National Development & 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...

China looks to Southeast Asia, but roads continue to hinder development

Posted on January 17, 2008
By Andy Scott VIENTIANE, Laos, Jan. 17 - Trade between China and the Association of Southeast Asian Nations has boomed in the past 15 years, growing more than 20 percent a year, reaching US$160 billion last year. The two sides are each other?s fourth-largest trading partners...

Hong Kong moves towards provision of Islamic financial services

Posted on January 16, 2008
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...

?Can you afford it?? rather than regulatory barriers now join the issues for entering the China market

Posted on January 16, 2008
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 traffic [...

Oil imports up 12.4 percent to 163.17 million tons in 2007

Posted on January 14, 2008
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...

Indian Prime Minister Manmohan Singh visits Beijing

Posted on January 13, 2008
BEIJING, Jan 14 - Indian Prime Minister Dr. Manmohan Singh began a three-day State visit yesterday arriving in Beijing for talks with Chinese President Hu Jintao. The visit, the first State visit by a sitting Indian Prime Minister for five years, comes during rapidly growing bilateral ties between the two countries, and follows Sonia Gandhi’s [...

Chinese-educated foreign dispute resolution mediators now sitting in Chinese courts

Posted on January 13, 2008
Jan, 14 - In a demonstration that the Chinese Ministry of Justice is actively engaging with Western concepts of judicial management and dispute resolution, and as a result of on-going educational and instructional support from the American and British governments in particular, we can report that a 27-year-old British-South African woman, Katie Kinahan, has been [...

Chinese Qing Dynasty railway company share certificate

Posted on January 11, 2008
This is an un-issued share certificate for the Yunnan-Sichuan Tang Yue Railroad Company. It was due to be issued in 1909 during the short reign of the last Chinese Emperor. The issue was approved by the provincial governors of Yunnan and Guizhou, and was to be 20 million shares in blocks of 5 Liang ? [...

China to introduce resource tax system in 2008

Posted on January 11, 2008
Details of a new resource taxation system will be announced this year, an official with the State Administration of Taxation said on Thursday. While the system is still being finalized, it may include a shift to taxation by price instead of volume and an expansion of the category of taxable resources Xinhua reports...

The politics of manufacturing: China loses its luster

Posted on January 10, 2008
By Andy Scott Jan. 10 - This past year was China?s year, 2008 may be it again, what with the Beijing Olympics in August, but there is no denying that 2007 was the year of China. Unfortunately, for much of the world, that meant story after story about defective and contaminated products ? from toys and tires [...

China?s national highway system to focus on rural roads in 2008

Posted on January 09, 2008
Jan. 9 - China will build at least 5,000 km of expressways this year, bringing the total length of expressways in the nation to almost 60,000 km by the year-end, Minister of Communications Li Shenglin said on Saturday. According to the Ministry of Communications, there are currently 53,600 km of expressways traversing the country, of which, 8,300 [...

China eyes Mongolia?s resources

Posted on January 08, 2008
By Joyce Roque Gaily bedight, A gallant night In sunshine and in shadow, Had journeyed long, Singing a song, In search of El Dorado. -Edgar Allan Poe, El Dorado The Land of the Khans Jan. 8 - Through much of its history, Mongolia had been subject to the whims of its two giant neighbors...

China to reform State Council: Large, combined ministries endorsed

Posted on January 07, 2008
China will move to create a ?big ministries system? (?????) at its upcoming legislative session, combining a number of central-level ministries, commissions and departments to facilitate better formulation and execution of policy. Three ?super-ministries? will be endorsed by the First Plenary Session of the 11th National People?s Congress, due to open on March 5, reports Wily [...

Playing on IPR fears: The China domain name registry scam

Posted on January 06, 2008
You may have received a very helpful looking email lately alerting you to the fact that a Chinese company was attempting to register your domain name here in China, and should you take action quickly, you could not only stop this from happening, but also properly register your domain name and protect your copyright in [...

1918 Chinese Northern Warlord issued coins

Posted on January 04, 2008
The first half of the last century was a traumatic one for China, with much in-fighting and civil wars. Local warlords sprung up and the new government of the Republic of China set up by Chiang Kai-Shek exerted little control over much of the country...

China IPR clampdown targets karaoke royalties

Posted on January 03, 2008
Jan 3 - As far as New Year’s resolutions go, China is looking to further crack down on intellectual property rights violations as is seeks to burnish its image as a IPR wasteland where anyone can borrow, beg or steal someone else?s hard earned intellectual property...

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