Home » Jun 24 2011, 7:33 am Entries posted on “June, 2011”

Inflation rates to be higher in May

Inflation rates to be higher in May

Economists are saying the there is a possibility that inflation will be higher in May than the inflation rates that is recently experienced in June. The National Development and reform Commission states the government have already taken measures to control inflation and is slowly taking effect. Prices of commodities and goods will remain in control [...]

Jun 24 2011, 7:33 am | Posted in Finance | Read More »

Li Na reaches the second round of Wimbledon

Li Na reaches the second round of Wimbledon

China’s Li Na reached the second round of the Wimbledon with a comfortable win of 6-3, 6-3 over Alla Kudryavtseva of Russia. Li, is the first Asian to win the singles title in Paris will now face Sabine Lisicki or Anastasija Sevastova of Germany. Li does not consider herself as the favorite to win the [...]

Jun 23 2011, 12:45 pm | Posted in Squash | Read More »

Residents Benefits from Shenzhen Metro Line 5 Opening

Residents benefits from new Metro Line opening

Shenzhen Metro line 5 opened yesterday and is expected to benefit millions of residents living in the Longgang and Bao’an areas. The line runs through the Northern part of Shenzhen and takes only 6 minutes to travel from one end of the 40 km line to the other,  starting at Qianhaiwan and stopping at Huangbeiling. [...]

Jun 23 2011, 11:10 am | Posted in Transportation | Read More »

Shenzhen Ultimate Frisbee

Shenzhen Ultimate Frisbee

The Shenzhen Ultimate Frisbee Club is a group of Foreigners and Chinese players that meet weekly to train and play Ultimate.  We practice on Saturdays, usually at Lian Hua Shan near the Guan Shan Yue Art Gallery at 2PM and we play pickup every Sunday from 4PM at Da Sha He Park near Europe City [...]

Jun 23 2011, 10:36 am | Posted in Extreme Sports | Read More »

Drivers Warned on Driving Below the Speed Limit

Drivers warned on driving below the speed limit

Motorists beware, driving at speeds below 60 kilometers per hour on Shenzhen expressways and trunk roads might result in a fine of 500 yuan for each offense. A driver that commits the offense five times in one year will have their license suspended. This is the first regulation implemented that will punish drivers that are [...]

Jun 23 2011, 9:47 am | Posted in Fines and Penalties | Read More »

Individuals to Pay IIT on Gifts Received from Businesses

Individuals to Pay IIT on Gifts Received from Businesses

While it is always nice to receive presents at companies’ promotional events, consumers in China should now make sure it is really a free lunch before accepting them. According to a recent circular co-issued by the Ministry of Finance and State Bureau of Taxation, individuals may need to pay individual income tax (IIT) on some [...]

Jun 23 2011, 9:07 am | Posted in Featured,Finance | Read More »

Australian wine guru Nick Haselgrove does it again

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James Halliday’s latest ranking for Nick Haselgroves, The Old Faithful Estate Wines, are: The Old Faithful Estate Cafe Block Mclaren Vale Shiraz 2007        View Winery A concentrated and rich bouquet of blackberry and mocha; the palate is dense and chewy, with a strong element of tar playing an important role; a massive and dark [...]

Jun 23 2011, 8:25 am | Posted in Wine | Read More »

SACS June Supper Club

SACS June Supper Club

SACS’s will take you through China’s various region to give you a taste of its delicacies. Now. we have the opportunity to taste most of the styles combined by King’s Kitchen in Coastal City, which is reknown for its signature dishes. When: Wednesday June 29th at 7:30 pm Where: King’s Kitchen 3rd floor Poly Plaza [...]

Jun 23 2011, 7:54 am | Posted in SACS | Read More »

Investment firms on the lookout for potential companies with high stock value

Investment firms on the lookout for potential companies with high stock value

Even with the reports on accounting scandals hitting U.S. listed Chinese stocks have not changed the relentless appetites of private equity and venture capital firms that are searching for internet stars and luxury e-commerce sectors. The firms are betting on social, mobile and location based services that includes Digu.cn and UCWeb, since there is a [...]

Jun 23 2011, 7:20 am | Posted in Investment Relations | Read More »

Pork price hits a new high

Pork price hits a new high

Not only vegetables are experiencing a price hike, it seems pork is also hitting a new high price this month. pork now cost 27.67 yuan  per kilogram passing the old peak of 26 yuan. this new price is due to the rising costs and limited supply of pork. Keeping live pigs for meat also increased [...]

Jun 22 2011, 3:31 pm | Posted in Distributors | Read More »

Have Your Say!

Which part of Shenzhen has the best quality of life for foreigners?

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  1. Marcus Maher: Looks interesting.
  2. Issam: “The deep water drilling is also the country’s first step in the gas and oil exploration in the deep...
  3. Dentist: Looks like you will be very busy with your dental practice. Good Luck
  4. marcus maher: It is so true.
  5. marcus maher: Good luck kids and make Shenzhen proud.