China Briefing’s updated Guide to China’s Business Taxes out now
The second, updated edition of the best selling 2007 Guide to China’s Business Taxes is now available with full coverage and all new updates on: China’s Recent Income Tax Unification Impact on Foreign Investors Status of Free Trade and Other Development Zones after 1st January 2008 Encouraged Industries That May Still Obtain 15% Tax Incentives Comments […]
Water dispute in Xinjiang puts China and Kazakhstan at odds
China’s relationship with her neighbors hasn’t always been the most cordial, and as the country’s economy has taken off, it has sought to off-set negative feelings that those neighbors may be harboring. Through projects like the roads China is building in Laos and Vietnam, the opening of the Nathu La pass between China and India, […]
Changsha to increase tourism; Wuhan to spend 10 million yuan on infrastructure
The city of Changsha is to become one of the two centers tourism in Hunan province in the next ten years. According to the Hunan Tourism Industry Development General Plan, approved May 20, Hunan will build tourism around two “cores:” the provincial capital of Changsha and Zhangjiajie, a UNESCO World Heritage Site located in the west of the province. […]
China imposes export tarriffs, lowers import duties to combat trade imbalance
The Ministry of Finance announced Monday that the country will impose extra export tariffs, while cutting import duties as of June 1 to narrow its widening trade surplus. The ministry said a total 142 low-end and resource products will be hit with additional export tariffs. According to Xinhua, China will impose five to 10 percent export […]
Zhejiang’s instant cities
In a piece that is being talked about all over the blogosphere, Peter Hessler (of River Town and Oracle Bones fame) reports for National Geographic on the entrepreneurial spirit in Zhejiang province. This enjoyable bit of reporting begins with the planning of a factory near Wenzhou: There was no architect, no draftsman; nobody had brought […]
FDI in second tier cities: investors flock to Chongqing
Several international companies have recently set up shop in Chongqing as more and more foreign investors look to China’s western second tier cities. With the rising costs of land, labor, energy and other inputs to manufacturing making the coastal regions less attractive to companies looking for places to park their factories, the inland second and third […]
Dezan Shira associate firm opens office in Kabul
Globalization, it appears, is springing up everywhere. With Dezan Shira & Associates, the main contributors to China Briefing, attending their spring global conference in Edinburgh three weeks ago it was a great chance for me to get to meet some of our European partner firms, plus a few stragglers from the US and Asia, to […]
Chinese stocks rise again as investors push back into the market
Just seven days ago we wrote about the surging Chinese stock market. Since then, there has been endless talk of bubbles and corrections for the mainland markets in the media. That talk got much louder on Tuesday as stocks fell dramatically. Since then however, the coming bust has failed to materialize and after brisk trading yesterday lead the […]