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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 Briefing Books Now Downloadable in PDF

Posted on July 19, 2009
Jul. 20 - The complete series of China Briefing?s popular legal, tax and regional guides are now available for purchase via PDF downloads here. Published since 2003 and regularly updated, available titles include guides to the legal procedures and investment implications of establishing Representative Offices, Wholly Foreign Owned Enterprises, Joint Ventures, Mergers & Acquisitions, Intellectual Property [...

China?s FDI Plateaus as Investment Demographics Shift

Posted on July 17, 2009
By Chris Devonshire-Ellis SHANGHAI, Jul. 17 - China?s foreign direct investment and the nature of its GDP growth are showing signals of permanent change as the world gradually lifts itself out of the global recession. Dezan Shira & Associates has just released its half year figures and they make for interesting reading in terms of the [...

Dalian Emerging as Outsourcing Hub

Posted on July 17, 2009
Jul. 17 - China’s northern city of Dalian in Liaoning Province is emerging as one of the key outsourcing hubs in the country. Due to the province’s proximity to Japan, it has primarily attracted investment from Japanese investors and now handles an estimated 80 percent of Japan’s outsourcing needs...

Local Tax Bureau Cracking Down on Foreign Companies

Posted on July 16, 2009
SHANGHAI, Jul. 16 - Dezan Shira & Associates clients across the country are reporting a recent spate of unannounced visits to their premises by local tax bureau officials demanding to inspect books and inquiring about salary levels. In most instances, this has been followed by requests for additional tax payments, questions about expatriate staff salary levels [...

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China Briefing Celebrates 10 Year Anniversary

Posted on July 16, 2009
SHANGHAI, Jul. 16 ? China Briefing celebrated a decade of publishing at Kathleen?s 5 last night in the company of long-time subscribers, diplomats, clients and friends. More than 250 guests gathered until late to wish the magazine a happy tenth birthday while enjoying wine, canapés and entertainment provided by OmBraMaiFu...

Wal-Mart Partners with Lakala to Offer Financial Services

Posted on July 14, 2009
Jul. 14 ?Wal-Mart outlets in 80 Chinese cities are now offering financial services to customers in partnership with the Chinese offline payment provider Lakala. According to ChinaRetailNews, the company is adding one-stop daily payment services, including credit card repayment, public utilities, and mobile phone recharging...

SAFE Regulates Domestic Forex Accounts of Foreign Institutions

Posted on July 14, 2009
Jul. 15 - The State Administration of Foreign Exchange released a new circular concerning the opening and usage of domestic forex accounts by foreign institutions on Monday. The descriptively named “Circular on the Issues Regarding the Management of Domestic Forex Accounts of Foreign Institutions” permits qualified domestic Chinese and foreign banks to open forex accounts and [...

China to Radically Readjust Economic Policy

Posted on July 14, 2009
BEIJING, July 15 - The Chinese government is preparing to apply major readjustments to its financial policies to re-balance the domestic economy. Concerns over the country?s economy and the development of an over-reliance on exports have prompted a meeting of the politburo in the next two weeks as policymakers voice their concerns that despite encouraging [...

China Industry: Jul. 13

Posted on July 13, 2009
Jul. 13 - This is a regular series of relevant industry news from around China. Solar power Enfinity NV, LDK Solar and state-owned China Guangdong Nuclear Power Holdings will install the first 10 MW of a 500 MW solar photovoltaic (PV) project in Dunhuang, after winning over 13 other bids...

Apple iPhones to be Sold Without Wi-Fi

Posted on July 13, 2009
Jul. 13 ? After drawn out negotiations with China’s Ministry of Industry and Information Technology, Apple has conceded and filed an application to officially sell the iPhone without Wi-Fi connectivity in the mainland, according to sources. The Network Access License will allow the company?s iPhone to enter the Chinese market and run only on Chinese cellular [...

British TV Channel Bought by Wenzhou Firm

Posted on July 13, 2009
Jul. 14 - A Chinese firm based in Wenzhou City has bought the British digital satellite tv channel, Propeller TV, for an undisclosed amount, according to sources. The Xiking Group led by Wenzhou businessman, Ye Maoxi, said the channel will start airing programs that promote Chinese culture...

Shanghai Expo 2010: The Spanish Pavilion

Posted on July 10, 2009
The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as ?Expo Shanghai 2010,? it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships [...

Shenzhen Releases New Recognition Measures for High-Tech Enterprises

Posted on July 10, 2009
SHENZHEN, Jul. 10 - The Shenzhen government released the Administrative Measures of Shenzhen for the Recognition of High and New Technology Enterprises earlier this month, laying out two sets of rules regarding the recognition of high-tech enterprises in Shenzhen...

Four Rio Tinto Employees Accused of Espionage

Posted on July 09, 2009
SHANGHAI, Jul. 9 - Four employees of the iron ore company, Rio Tinto, have been detained since July 5 on charges of espionage. The employees from Rio Tinto’s Shanghai sales office were accused of stealing government secrets. Three are part of the iron ore local sales team while one is an Australian national, Stern Hu, the [...

Annual Filing of Foreign Bank Account Reports for U.S. Taxpayers

Posted on July 08, 2009
By Hank Bourg Jul. 8 - U.S. taxpayers holding financial interest or other authority over a financial account in a foreign country amounting to more than US$10,000 are required to file the annual Foreign Bank Account Report (FBAR) by June 30th of the following year...

Fiat Signs JV Deal with Guangzhou Auto

Posted on July 07, 2009
Jul. 7 ? The leading Italian carmaker, Fiat, has signed a joint venture agreement with the Guangzhou Automobile Group to build a factory in Changsha, Hunan Province. The 700,000 square meter factory is expected to produce 250,000 cars and 300,000 engines annually when it reaches maximum capacity...

China?s Minority Ethnic, Racism and Sensibility Issues

Posted on July 07, 2009
By Chris Devonshire-Ellis Jul. 8 - The recent riots in Xinjiang ? an area I have travelled extensively in over the years ? have brought to a head the increasing collision between China’s growing prosperity and the sections of the society that are being left behind...

First Cross-Border Trade Settlement Deal Made

Posted on July 06, 2009
Jul. 6 ? The first cross-border yuan trade settlement deal came through today from the Bank of China (BOC), Hong Kong to Bank of China, Shanghai reports Xinhua. The deal is part of a pilot program announced by Beijing last April to ease cross-border trade deals for Chinese importers and exporters in southern Guangzhou, Shenzhen, Shanghai, [...

China Industry: Jul. 6

Posted on July 06, 2009

Largest Shipyard in the World Opens in Dalian

Posted on July 02, 2009
Jul. 3 - The largest shipyard in the world measuring 460 meters long with a width of 135 meters has opened in Dalian, a coastal city located northeast of China. The shipyard located in Changxing Island has bypassed the Philippine shipyard built by Hanjin Heavy Industries by 1 meter long and 1 meter wide...

New Issue of China Briefing Examines Compliance and Trade Issues in China

Posted on July 01, 2009
Jul. 1 - In this month’s China Briefing, we take a look at important compliance issues for U.S. business operating in China; Specifically the United States’ Foreign Corrupt Practices Act and what American companies operating China need to know about the act...

Around Asia: Jul. 1

Posted on July 01, 2009
Jul. 1 - A weekly look at important regional news. China and India to Set Up Direct Hotline India and China are in talks to set up a direct hotline as early as next month. The hotline would connect Indian Prime Minister Manmohan Singh to Chinese Prime Minister Wen Jiabao, allowing the two to conduct direct diplomacy...

Shanghai?s Office Rentals Plunge

Posted on July 01, 2009
SHANGHAI, Jul. 1 ? Rental prices for the city?s high-grade office spaces have plunged because of rising vacancies aggravated by the global financial crisis and abundant supply of office space. Real-estate services provider, Colliers International, reports that the prices for the city’s Grade A office buildings dropped by 9 percent to RMB7...

China to Build Economic Zone in Liaoning Province

Posted on July 01, 2009
Jul. 2 ? China will soon build a 700 square kilometer coastal economic belt in the northeastern Liaoning Province specializing on shipbuilding, petroleum refining, advanced equipment manufacturing, raw materials, high-tech industries and agriculture processing, according to reports...

Pepsi Opens its First Overseas ?Green? Plant in Chongqing

Posted on June 29, 2009
Jun. 29 ? Major beverage and food company, PepsiCo, has opened a “green” plant located in Chongqing city, the first in five new manufacturing plants slated for the next two years. The new plant is the company?s first ?green? beverage plant abroad and the first of its kind in the country...

Hong Kong, Mainland Businesses to Use Yuan for Trade Settlement

Posted on June 29, 2009
Jun. 30 - Hong Kong businesses will soon be able to settle international trade in yuan with companies in Guangzhou, Shenzhen, Shanghai, Dongguan and Zhuhai starting next month. The agreement was formalized last Monday by Hong Kong Monetary Authority Chief Executive Joseph Yam and the People?s Bank of China Governor Zhou Xiaochuan...

Shanghai?s New Tunnel Links Port with Financial Center

Posted on June 25, 2009
SHANGHAI, Jun. 25 ? The city?s newly-completed tunnel spanning of 2,254 meters will now link the Shanghai Port located on the on the west bank of the Huangpu River to its finance and trade center, Lujiazui. The tunnel took 10 months to build at a cost of RMB1...

Shanghai to Offer Perks for Expat Finance Professionals

Posted on June 25, 2009
SHANGHAI, Jun. 26 - The local government is set to launch a program that will give foreign finance specialists incentives to work in Shanghai including lowered taxes, reports Shanghai Daily. The financial talent award is just one of the government?s policies aimed at turning Shanghai into an international financial and shipping hub by 2020 “We can’t change [...

Around Asia: Jun. 24

Posted on June 24, 2009
Jun. 24 - A weekly look at important regional news. India to Develop Investment Regions for Petroleum and Chemical Industries The government of India is implementing more initiatives to attract more foreign direct investment in its petroleum, chemicals and petrochemical sectors by establishing specific investment regions for this...

WTO Complaints Filed Against Chinese Export Restrictions

Posted on June 24, 2009
Jun. 24 ? Two complaints were filed with the World Trade Organization (WTO) regarding China?s export restrictions on raw materials, alleging that it gave an unfair advantage to local companies and violated international trade rules. The European Union and the United States submitted separate complaints on the same issue...

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