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The Impact of China’s New Labor Dispatch Rules on FIEs

The Impact of China's New Labor Dispatch Rules on FIEs

In this interview with China Briefing, Penny Li of Dezan Shira & Associates discusses China’s new labor dispatch law and its effect on labor costs, social insurance benefits and the “equal pay for equal work” principle. What are the key changes to China’s new labor dispatch rules and how might they affect FIEs in China? [...]

Mar 30 2014, 11:58 pm | Posted in Investment Relations | Read More »

Two Companies to List Equity as Largest Backdoor Listing in Hong Kong

Two Companies to List Equity as Largest Backdoor Listing in Hong Kong

CITIC Group Corp is planning to list their main operating arm in Hong Kong by reversing their CITIC Pacific subsidiary through a deal that valued the combined listed groups totaling US$ 42 billion. The steel to property CITIC Pacific listed in Hong Kong is planning to purchase 100 percent of CITIC Ltd. which is its [...]

Mar 28 2014, 10:37 am | Posted in Investment Relations | Read More »

State Visit Ends up with Deals for Contracts Reaching 18 Billion Euros

State Visit Ends up with Deals for Contracts Reaching 18 Billion Euros

Paris and China has signed deals that reached 18 billion Euros during the second state visit of Chinese President Xi Jinping after reaching an agreement with French President Francois Hollande that will bring in a much needed growth to the country. President Xi along with his wife Peng Liyuan was given the VIP treatment during [...]

Mar 28 2014, 9:40 am | Posted in Investment Relations | Read More »

Survey Showed Half of City’s Residents own their Homes

Survey Showed Half of City's Residents own their Homes

Centaline Property recently conducted a survey that showed almost half of Shenzhen’s permanent residents own their homes. 35 percent of these homes were bought in the open market, 35 percent were built by residents in urban villages and 25 percent of the homes are government subsidized. The survey also showed that 40 percent of permanent [...]

Mar 27 2014, 10:34 am | Posted in Investment Relations | Read More »

City Records More Hazy Days in 2013 than in 2012

City Records More Hazy Days in 2013 than in 2012

Based on a report that was released by the city environmental commission, Shenzhen registered a total of 98 hazy days in 2013 which is 21 days more compared to 2012.the report only indicated that the air quality in the city could have gotten worse. Based on the Air Quality Index the measurement system that the [...]

Mar 27 2014, 8:34 am | Posted in Quality Control | Read More »

Steel Industry Brings Down Consolidation Target of its Steel Production

Steel Industry Brings Down Consolidation Target of its Steel Production

By 2015, China will be dropping its long standing target to bring 60 percent of its steel sector under control from its 10 biggest enterprises, a goal that is being criticized for causing a build up of unprofitable capacity. In the past the country is accused of strong arming State firms in pursuing unprofitable mergers, [...]

Mar 26 2014, 7:37 am | Posted in Investment Relations | Read More »

Threshold for Residency Card Application to be Increased

Threshold for Residency Card Application to be Increased

City officials are planning to raise the threshold for resident card applications along with benefits. based on a drafted regulation on residence card management that is open for public comment says that those who have stable work for more than 12 months and have registered at a local home for more than 12 months and [...]

Mar 25 2014, 9:40 am | Posted in Licensing | Read More »

Tolls for Meiguan Expressway to be Cancelled in April

Tolls for Meiguan Expressway to be Cancelled in April

Around 1.4 million residents living in the Longhua New Area and industries such as the South China Logistics Park and Huawei Technologies can save commuting and transportation costs starting April as tolls will be cancelled in the Meiguan Expressway between Guanlan and Meilin Checkpoint. As of the moment it costs 7 yuan to drive from [...]

Mar 25 2014, 8:36 am | Posted in Investment Relations | Read More »

Real Estate Company to Sell Off Commercial Property Hub

Real Estate Company to Sell Off Commercial Property Hub

A real estate company in Hong Kong is selling its property that is located in a commercial hub in Dongmen in Luohu District. The company has developed the property at the intersection of Dongmen Road South and near Jiabin Road and is owned by Golden Bauhinia Co. which includes a 13 story building with a [...]

Mar 24 2014, 9:37 am | Posted in Investment Relations | Read More »

City to Strengthen Protection of City’s Water Source

City to Strengthen Protection of City's Water Source

The city is planning to set up an enforcement office that will strengthen the protection of the water source in Dongjiang River. The city water authorities started the river water source project in 2010, as the project diverts the water in the Dongjiang River into Shenzhen to ease the increase in water demand in the [...]

Mar 24 2014, 8:29 am | Posted in Quality Control | Read More »

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