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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

Shanghai opens new subway lines

Posted on January 02, 2008
By Andy Scott SHANGHAI, Jan 2 - On December 29, the Shanghai Metro opened three new subway lines and the final four stations on the newly completed line 4, finally linking Puxi to Pudong on the southern section of the ring-shaped line. China Briefing’s photographers were on hand to explore the new editions to the city’s mass transit [...

Filing annual individual income tax returns in China

Posted on January 01, 2008
By Smile Yu/Dezan Shira & Associates BEIJING, Jan. 2 - Early in 2008, expatriate employees in China with annual incomes in excess of RMB120,000 (about US$16,200) should complete an annual self-declaration to be submitted by the end of March ? at the latest ? for their income earned in the 2007 tax year...

January/February China Briefing now available online

Posted on January 01, 2008
The January/February issue of China Briefing is now available online. The new issue includes a good look at some annual house-keeping that needs to be carried out at this time of year ? the renewal of corporate business licenses, the annual statutory audit, and individual income tax filings...

Spratly Islands RMB

Posted on December 28, 2007
The Spratly Islands are a group of more than 100 small islands and reefs in the South China Sea. The islands, which are claimed in whole or in part by China, Taiwan, Vietnam, Philippines, Malaysia and Brunei, sit atop potentially large oil and gas deposits, are surrounded by rich fishing grounds and are located on [...

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China to adjust import/export duties in an effort to conserve resources

Posted on December 28, 2007
Dec. 28 - The government will adjust the import and export duties on some products from January 1 to save domestic resources and ensure better trade balance the government has said. Import duties on aluminum, refined copper and coal will be removed while the export taxes on some steel products, coking coal and coke will be [...

AmCham report: Business environment healthy, second- and third tier cities the future

Posted on December 27, 2007
AmCham Shanghai recently released their 2007 China Business Report, a survey of AmCham?s corporate members and their experiences operating businesses in China. With one-third of all respondents having done business in China for 1o?20 years and seven percent for more than 20 years, the American companies that provided information for the report have significant experience operating on [...

Tianjin airport finishes Olympic Games expansion

Posted on December 26, 2007
Dec. 26 - Tianjin airport has completed its large expansion project, including a new terminal and runway expansion, ahead of the 2008 Summer Olympic Games in Beijing. The new terminal building is five times larger than its predecessor with a handling capacity of 10 million passengers annually airport sources told Xinhua...

Season?s Greetings from China Briefing

Posted on December 23, 2007
www.china-briefing.com www.india-briefing.com www.chinaexpat.com www.2point6billion.com www.dezshira.com

Chinese Silver Dragon coins

Posted on December 21, 2007
7 Mace and 2 Candareens China only began producing mass circulation silver coins in 1889 when the first modern coining press was imported into the country. As circulated coins until then had largely been the Mexican Silver Dollar, the new coins were based on these, but with Chinese styling...

Working together to make a difference: CSR in China

Posted on December 20, 2007
With the season of giving upon us, corporations find themselves having to both consider employee bonus packages for their employees as well as some sort of charitable giving ahead of the end of the tax year. With this in mind, we have decided to publish an excerpt from our upcoming China Briefing 2008 Regional Business [...

M&As rise 18 percent through first 11 months of 2007

Posted on December 20, 2007
Mergers and acquisition deals in China jumped 18 percent to more than 1,700 in the first 11 months of 2007 according to a PricewaterhouseCoopers report released on Wednesday. The total M&A deals were worth more than 80 billion U.S. dollars, up 25 percent from the same period a year earlier...

China?s audit regulations ? Filings shortly due

Posted on December 18, 2007
Getting prepared for your annual audit inspection By Chris Devonshire-Ellis BEIJING, Dec. 19 - All foreign invested businesses in China are required to prepare annual financial statements, including balance sheets and income statements for their annual Chinese audit...

China lays its stake on Central Asia

Posted on December 18, 2007
By Joyce Roque Dec. 18 - “The main thing is to make history, not to write it.” Otto Von Bismarck Much ado about oil Just like the spice trade of yore where adventurers dared flinging themselves in the uncharted world for the sake of country and above all for the business of spice, it seems China is no [...

Introducing?The Hong Kong Spin

Posted on December 18, 2007
By Chris Devonshire-Ellis The architectural practice Aedas has proposed a massive new landmark to be erected on the site of Hong Kong?s old Kai Tak airport in order to mark the tenth anniversary of the handover of the territory to China. The proposed Hong Kong Spin is both a spectacular inclined observation tower overlooking the harbor [...

One million words and a partridge in a pear tree

Posted on December 17, 2007
Rather more than just a blog, another year passes at China Briefing? Well, as many of our readers head off about now back home for Christmas and New Year festivities ? safe journeys to you all ? we?ll have a quick round up of the numbers here at China Briefing and what we did...

China 2008 annual renewals due: Are you up to speed?

Posted on December 16, 2007
Government departments need your reports for various business license renewals By Chris Devonshire-Ellis It?s that time of year again folks, timed right at the end of the calendar year, and just when westernized business administrators are thinking of skiing holidays, the kids at home and New Years parties ? the atheist, yet pragmatic Chinese government insist we [...

China?s last imperial coin 1911

Posted on December 14, 2007
This is the last cast square hole coin issued by China and the last coin issued by an Imperial dynasty. Emperor Pu Yi, also known by his reign title Hsuan-T’ung, ascended to the Chinese throne in 1908, aged three. By this time however imperial rule was already collapsing due to repeated wars, foreign interference and [...

China publishes implementation rules for new corporate income tax

Posted on December 14, 2007
By Andy Scott SHANGHAI, Dec. 14 ? China?s State Council approved the long-awaited implementation rules for the country?s new corporate income tax law on December 6. The Detailed Implementation Regulations, prepared by the Ministry of Finance and the State Administration of Taxation, contains eight chapters and 133 articles...

Chen Deming to be the new Minister of Commerce?

Posted on December 13, 2007
In light of Bo Xilai’s move to Party Secretary of Chongqing, as predicted by us two months ago, the guessing game is on as to the identity of the new Minister of Commerce to replace Mr. Bo. Our money is on Chen Deming. Having, until very, recently been in an advisory role at the National [...

Financial credit and due diligence checks on individuals in China

Posted on December 13, 2007
By Chris Devonshire-Ellis We are often asked as a firm to establish the facts of an individual?s reputation in China, and whether they have any criminal record or have faced other legal issues while acting as company officials, directors or shareholders...

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