Other Briefings
Hong Kong ’08 budget proposes HK$75 billion in relief measures
HONG KONG, Feb. 27 – In his annual budget speech, Financial Secretary John Tsang announced a host of changes amounting to HK$75 billion tax reductions. While legislative amendments are required for implementing each of the relief measures proposed in the budget, the changes should provide a boost to the territory’s economy. Here’s a look at […]
China Briefing’s new technical guide to China M&As published
Definitive handbook to China M&A law and transaction processes BEIJING, Feb. 27 – China Briefing has just published the new 106 page China M&A guide, covering the full mergers and acquisition process in twelve chapters. Authored by seven staff of the legal and audit teams at Dezan Shira & Associates, the book was jointly written […]
Will the Anti-monopoly Law assist central regional development?
Additional M&A activity anticipated if China can banish SOE cartels By Chris Devonshire-Ellis SINGAPORE, Feb. 26 – Could China’s new anti-monopoly law, promulgated last August and coming into effect August, assist with paving the way for a resurgence of investment into China’s central and western regions? The new law also includes provisions for anti-monopoly policing, […]
Joint ventures in China as commercial investment sense
JVs still a valid legal vehicle for use in China manufacturing By Chris Devonshire-Ellis Feb. 20 – Joint Ventures (JVs) were the first legal entities to be promulgated and available for foreign direct investment into China and remain the vehicle of choice for many larger investments. The reasons for entering into a JV agreement are […]
Waging an “internet war” in China
Abuse of public forums designed to defame plaintiffs slowly being reined in Feb. 17 – In an ongoing trend in China, large numbers of legal disputes, which should be the preserve of the courts, are being aired via public forums. At China Briefing for example, we are involved with several litigation suits over the inappropriate […]
Government increases central region infrastructure spending to US$67 billion for 2008
Policy shift targets rural areas instead of developed coast for infrastructure spending, Guangdong-based low cost manufacturers relocating Feb. 12 – The central government has topped up its investment budget for rural areas by an increased RMB100 billion (US$13.9 billion) this year, Chen Xiwen of the Central Leading Group of Rural Work announced in his New […]
Ex PBOC Governor named Head of China’s National Pension Fund
Responsible for USD70 billion national social security By Chris Devonshire-Ellis February 11th – Dai Xianglong, the ex Governor of the Peoples Bank of China and the current Mayor of Tianjin has just been named as the new Head of China’s national social security fund. Mr. Dai was born in Yizheng City, Jiangsu Province in October […]
China to strengthen management of cross-border capital flows
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 faces increasing pressure […]
