 |
Hong Kong-London RMB Forum Holds First Meeting 5/27/2012 The private sector-led Hong Kong-London Forum, which was established in January
this year to promote closer collaboration between Hong Kong and London in support
of the wider international use of the renminbi, held its first meeting on
May 22, 2012.
|
 |
CEPA Boosts Hong Kong's Industries 5/24/2012 The China/Hong Kong Closer Economic Partnership Arrangement services liberalization measures have boosted the development of Hong Kong’s traditional industries, Financial Secretary John Tsang says.
|
 |
US Imposes Anti-Dumping Duties On Chinese Solar Cells 5/22/2012 Despite concerns that its decision may raise prices and harm the United States
alternative energy sector, the Department of Commerce has announced
a preliminary determination to impose antidumping duties on imports of crystalline
silicon photovoltaic cells, whether or not assembled into solar cells, from China.
|
 |
Taiwan Accused Of Dragging Feet In Trade Talks 5/17/2012 Following the announcement that China, Japan and South Korea are to begin talks
on a trilateral free trade agreement by the end of this year, the Taiwanese
government has been asked to explain why it has not already progressed further
trade liberalization with China within their Economic Cooperation Framework Agreement.
|
 |
Dubai Enhances Bank Regulatory Ties With China 5/18/2012 The regulator of the Dubai International Financial Centre, the Dubai Financial Services Authority has announced that it has entered into a supplementary agreement
to further boost cooperation with the China Banking Regulatory Commission.
|
 |
EU Hails ETS Aviation Compliance Rate 5/18/2012 The European Commission has claimed early success with the extension of the European Union's Emissions Trading Scheme to flights in and out of Europe, reporting compliance with currently non-mandatory emissions-reporting requirements by more than 99% of operational airlines.
|
 |
China, Switzerland Make Progress In FTA Talks 5/16/2012 The latest round of negotiations on the proposed free trade agreement between
China and Switzerland, which was held in Beijing on May 8-10, is said to
have reached some consensus and made significant progress.
|
 |
China Plugs Its Tax Help For SMEs 5/14/2012 China’s Minister of Finance Xie Xuren, at a seminar, has emphasized the
support that should be given by pro-active fiscal policies to the development
of small and medium-sized enterprises in the country.
|
 |
China, Colombia Initiate Free Trade Talks 5/11/2012 Colombian President Juan Manuel Santos has welcomed the conclusion of a total
of nine cooperation agreements with China during a recent official visit to Beijing, where
it was agreed that the two countries would commence discussions on the feasibility
of a bilateral free trade agreement.
|
 |
Hong Kong Still Sees Problems On Mainland Services 5/11/2012 Secretary for Commerce and Economic Development, Gregory So, has replied to a
question in the Legislative Council regarding the tax and procedural difficulties
being experienced by the Hong Kong services sector in developing business in Mainland
China.
|
 |
Offshore Merger And Acquisition Activity Rises 5/9/2012 A new report from Appleby shows that transaction values for mergers and acquisitions (M&A) in major offshore financial centers rose by 25% in the first quarter of 2012.
|
 |
S Korea, China, Agree To Trilateral FTA Talks With Japan 5/8/2012 With South Korea and China due to begin their negotiations on a bilateral free
trade agreement, a trilateral agreement to include Japan will also be under
discussion at a prior meeting of the three countries’ trade ministers.
|
 |
China Introduces CorporateTax Breaks For IT 5/7/2012 To encourage innovation in information technology and industrial technical
upgrading, China’s State Administration of Taxation
has announced preferential corporate income taxes for producers of software and
integrated circuits.
|
 |
South Korea, China To Start FTA Talks 5/4/2012 The Chinese Minister of Commerce Chen Deming and South Korea’s Trade Minister
Park Tae-ho have announced, after a meeting in Beijing on May 2, the official
launch of negotiations for a China-South Korea free trade agreement.
|
|
Hong Kong Will Not Change Depreciation Rules 5/3/2012 In reply to a question in the Legislative Council, Hong Kong’s Secretary
for Commerce and Economic Development, Gregory So, said that the government could
not permit Hong Kong enterprises with import processing subsidiaries in Mainland
China to submit claims for depreciation for machinery used there.
|
 |
US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
|
 |
Nations Air Grievances At WTO Anti-Dumping Body 5/1/2012 The World Trade Organization's Committee on Anti-Dumping Practices held a meeting with WTO members recently to present feedback on 30 anti-dumping actions taken during 2011, and to hear nations' current trade policy concerns.
|
 |
Kirk Explains US Asia-Pacific Trade Policy 5/1/2012 In remarks at Singapore Management University, the United States Trade Representative
Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region
as using the Trans-Pacific Partnership to make further progress with its
trading partners around the Pacific Rim.
|
 |
Geithner Finds Progress In US-China Trade Relations 4/30/2012 In remarks made to the Commonwealth Club of California in San Francisco, Timothy
Geithner, the US Treasury Secretary, reviewed the development of the trading and
economic relationship between the United States and China, and pronounced that
significant progress has been made.
|
|
China Confirms Slowdown In Tax Revenue Growth 4/26/2012 The Ministry of Finance has announced final figures showing that China's tax revenues
increased substantially by 10.3% in the first quarter of 2012, much less than
the increase of 32.4% experienced in the first quarter of last year, and the slowest
growth rate in three years.
|
 |
Bermuda Concludes Marketing Push In China 4/26/2012 Business Bermuda, the promotional agency for the territory's financial services
industry, has concluded a week-long business development and relationship-building
trip in Shanghai and Beijing mirroring the decisions of other small,
low-tax, financial centres targeting the region as a new source of financial services growth.
|
 |
USITC Surprises With Two Rulings For Asian Exporters 4/23/2012 The United States International Trade Commission has surprised and caused
a certain amount of consternation within American industry, by ruling, twice on
the same day, that domestic manufacturers were not being harmed by imports from
their Asian competitors.
|
|
China's Overseas Investment Soars, As Incoming FDI Falls 4/18/2012 The Ministry of Commerce has disclosed that, at the same time as China's overseas
direct investment was rapidly increasing in the first quarter of this year,
foreign direct investment into China fell for the fifth month in a row in
March.
|
 |
China Replaces Airport Tax With New Fee 4/18/2012 China’s Ministry of Finance has issued a notice confirming that, while the
previous airport tax has been abolished, air passengers will now have to pay an
equivalent fee to finance a newly-constituted Civil Aviation Development Fund.
|
|
China's Tax Revenue Growth Slows 4/17/2012 The Ministry of Finance has announced that China's national fiscal revenue increased
substantially by 14.7% in the first quarter of 2012, marginally higher than the
13.1% rise seen in the first two months of this year, but much less than the increase
of 33.1% experienced in the first quarter of 2011.
|
|
Japan To Pursue Chinese FTA If Tripartite Deal Falters 4/16/2012 If a proposed tripartite China-Japan-South Korea free trade agreement is delayed by South Korean doubts, the Japanese government has decided to try
to begin, instead, immediate bilateral trade talks with China.
|
 |
World Bank Looks For Chinese Tax Cuts 4/16/2012 In its new China Quarterly Update, the World Bank sees a probable need to facilitate
a soft landing for the Chinese economy, with any policy response falling in the
first instance on fiscal policy, particularly tax measures supporting consumption.
|
|
China, S Korea, Japan Agree To FTA Talks At An Early Date 4/12/2012 The foreign ministers of China, Japan and South Korea have recently come together
in Ningbo, the seaport city on China’s east coast, for their sixth tripartite
meeting, covering cooperation in many areas, including the prospective bilateral
and trilateral free trade agreements.
|
 |
After WTO Decision, China Establishes Rare Earth Regulatory Body 4/11/2012 Following last month’s request by several countries for consultations at
the World Trade Organization on what they consider to be China’s unfair
export restraints on rare earths, the latter has now set up a regulatory body
to oversee their exploitation.
|
 |
Results Of Annual US Review Of Telecommunications Trade Agreements 4/10/2012 United States Trade Representative Ron Kirk has announced the results of
the 2012 annual review of the operation and effectiveness of telecommunications
trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act
of 1988.
|
 |
APEC Focuses On Trade And Investment 4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative
efforts to evaluate and identify initiatives to support freer, faster and more
beneficial trade in the region that will lead ultimately, it is hoped, to a Free
Trade Area of the Asia Pacific.
|
|
WTO Members Pressure Argentina On Trade Policy 4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly
expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
|
 |
World Economic Forum Issues Global ICT Report 4/6/2012 The World Economic Forum, in collaboration with INSEAD, has issued the Global
Information Technology Report for 2012, which is said to be the most comprehensive
assessment of the preparedness of global economies to leverage the networked economy.
|
 |
China Expands RMB Overseas Investment Scheme 4/6/2012 After close consultations between Hong Kong’s Securities and Futures Commission, the People's Bank of China and China’s State Administration of Foreign
Exchange, the China Securities Regulatory Commission has announced an expansion
of the Renminbi Qualified Foreign Institutional Investor scheme.
|
 |
China To Reduce Tariffs To Boost Imports 4/2/2012 Premier Wen Jiabao chaired a Chinese State Council meeting on the March 28, at
which it was decided that, in order to achieve a sustainable balance of foreign
trade between exports and imports, and to optimize its mix of imports, China should
selectively reduce its import tariffs.
|
 |
Ireland, China Finalise Strategic Partnership Agreement 4/2/2012 Ireland and China have concluded a Strategic Partnership Agreement, hailed by the Irish Prime Minister Enda Kenny as a major step-up in relations that will lead to greater trade and investment.
|
 |
Ireland Appoints 'Start-Up Ambassador' In China 3/30/2012 Enterprise Ireland has appointed an 'International Start-up Ambassador' in China as part of the government's Action Plan for Jobs 2012.
|
 |
China To Quadruple E-Commerce Sales By End-2015 3/29/2012 The Chinese Ministry of Industry and Information Technology has released a Five
Year Plan which foresees e-commerce sales quadrupling to RMB18 trillion in the period to the end of 2015.
|
 |
China To Extend Property Tax Later This Year 3/27/2012 The National Development and Reform Commission has confirmed that the pilot property
tax presently operating in Shanghai and Chongqing will be extended to other cities
in China later this year.
|
|
Japan, China, South Korea Agree On Investment Pact 3/26/2012 China, Japan and South Korea have recently held successful negotiations in Beijing,
at the end of which the text of a tripartite investment agreement was initialled.
|
 |
US Explains Anti-Dumping Investigative Process 3/23/2012 As the Department of Commerce is scheduled to release shortly a series
of determinations regarding antidumping duties, when a foreign company sells
a product in the United States at less than fair value, and countervailing duties to offset the benefits of foreign government subsidies, it has issued an
explanation of how its investigative process works in that regard.
|
 |
European Aviation Fears EU ETS Backlash 3/19/2012 In joint letters, the heads of some of Europe's major airlines and aviation engine manufacturers have called upon European Union leaders to take action and stop an escalating trade conflict with China and other countries opposing the European Emissions Trading Scheme.
|
|
China Under Attack Over Rare Earth Export Restraints 3/15/2012 The United States, European Union and Japan have jointly requested consultations
with China at the World Trade Organization concerning what they call the
latter’s unfair export restraints on rare earths, as well as tungsten and
molybdenum.
|
 |
Minister Pushes South Korea's Free Trade Agenda 3/14/2012 At a recent forum in Seoul, Minister of Strategy and Finance Bahk Jae-wan, stressed
that taking advantage of free trade agreements is of particular importance
to South Korea, whose domestic market is relatively small.
|
 |
International Trademark Filings Set New Record 3/14/2012 2011 saw the highest number of international trademark applications ever filed
under the World Intellectual Property Organization’s Madrid
System for the International Registration of Marks with 42,270
applications, or a 6.5% increase compared to 2010.
|
 |
Hong Kong Reviews Plans For Financial Services 3/9/2012 Secretary for Financial Services and the Treasury, Professor K C Chan, has tabled
a plan at the Legislative Council Finance Committee, whereby the
government will continue to work closely with regulators and the industry to foster
the sustained development of the financial services industry in Hong Kong.
|
 |
China Adds Tax Incentives For 'Green' Vehicles, Ships 3/9/2012 China’s State Administration of Taxation and the Ministry of Finance
have jointly disclosed that tax rates will be cut to encourage further energy
conservation and environmental protection through the increased use of vehicles
and ships with low emissions or those utilizing green energy resources.
|
 |
US Congress Legitimizes Countervailing Duties 3/9/2012 On a bipartisan basis, both the United States Senate and the House of Representatives
have passed a bill to confirm that the Commerce Department can continue to apply
countervailing duties to non-market economies, such as China.
|
|
China's Commerce Minister Attacks US Trade Policies 3/9/2012 During a news conference on the sidelines of the 11th National People’s
Congress, while disclosing that China’s foreign trade will show a more modest
increase in 2012, Minister of Commerce Chen Deming questioned the current United
States trade policies being aimed at China.
|
 |
International Patent Filings Set New Record In 2011 3/7/2012 Despite difficult global economic conditions, international patent filings under
the World Intellectual Property Organization-administered Patent Cooperation
Treaty set a new record in 2011 with 181,900 applications – up 10.7% on 2010 and the fastest growth since 2005.
|
 |
Obama Sets Out 2012 Trade Policy Agenda 3/6/2012 President Barack Obama has presented to Congress his 2012 United States
Trade Policy Agenda, which looks for a conclusion of negotiations for the extended
Trans-Pacific Partnership regional trade agreement, and enhanced trade enforcement
efforts to investigate unfair trading practices in other countries.
|
|
HK Firms Face Chinese Barriers Despite CEPA 3/2/2012 Following questions in Hong Kong’s Legislative Council, the Secretary for
Commerce and Economic Development, Gregory So, has given an assurance that the
government will continue to monitor the operation of market liberalization measures
under the Mainland and Hong Kong Closer Economic Partnership Arrangement.
|
 |
China To Expand VAT Pilot To Beijing 3/5/2012 Following the beginning of China’s pilot scheme to replace the existing
business tax on the country’s service sector with value-added tax in Shanghai on January 1 this year, it has been confirmed that it will
be extended to Beijing, commencing on July 1.
|
 |
US Bill To Legitimize US Countervailing Duties 3/5/2012 In a move that was said to be critical to levelling the playing field for United
States businesses facing unfairly subsidized imports, bipartisan legislation has
been introduced in Congress which confirms that the Commerce Department can continue
to apply countervailing duties to non-market economies, such
as China.
|
|
US Study Attacks Chinese 'Innovation Mercantilism' 3/2/2012 A paper issued by the Information Technology and Innovation Foundation in Washington,
DC, entitled ‘Enough is Enough: Confronting Chinese Innovation Mercantilism’,
attacks the seeking by China of not merely competitive advantage, but absolute
advantage in a wide range of industries, especially advanced technology products
and services.
|
|
WTO Announces Progress On Trade Disputes 2/28/2012 The World Trade Organization's Dispute Settlement Body at its meeting
on February 22, 2012, established a panel to examine US anti-dumping measures
on Korean steel products, and adopted a report in respect of China's export restraints
on certain raw materials.
|
|
APEC Business Leaders Push Asia-Pac FTA 2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated
Asia Pacific economy, and on liberalizing and facilitating trade and investment,
leading ultimately to a Free Trade Area of the Asia Pacific.
|
 |
Canada, China Strengthen Commercial Relationship 2/28/2012 Canada and China have made progress in negotiations toward a foreign investment promotion and protection agreement and inked a series of agreements designed to strengthen their commercial relationship.
|
|
Appleby Set To Launch Shanghai Office 2/28/2012 Appleby, which claims to be the world's largest provider of offshore legal and fiduciary and administration
services, has announced its decision to expand its global reach by establishing
a new representative office in Shanghai, China.
|
|
China To Expand Health Insurance Coverage 2/24/2012 During a meeting on February 22 of the State Council, which was chaired by the
Chinese Premier Wen Jiabao, new health insurance reform objectives were established
for the period of the 12th Five-year Plan (2011-2015).
|
 |
China To Reinstate Export Tax Rebates 2/24/2012 Zhong Shan, Deputy Commerce Minister, at the recent 2012 China Imports and Exports
Work Conference held in Nanchang, disclosed that China will use export
value-added tax rebates to counteract any decrease in exports arising out of the
European debt crisis.
|
|
Shanghai Launches RMB Investment Fund 2/22/2012 The Shanghai government-owned Shanghai International Group has led a group of
official and private investors to establish a substantial renminbi-denominated
fund that targets the financing of Chinese corporate investment overseas.
|
 |
China Agrees Increased Access For US Movies 2/22/2012 Vice President Joe Biden has announced that China has agreed to increase significantly
the access on commercial terms for United States movies in its market, so as to
resolve outstanding issues related to films after the latter’s victory in
a World Trade Organization dispute last year.
|
 |
The Netherlands Ups Tax Treaty Negotiations In 2012 2/21/2012 Underlining the government’s commitment to negotiating new tax treaties
with other countries, the Dutch finance ministry has recently outlined details
of its specific plans for 2012.
|
|
China To Pursue Tax Reforms 2/20/2012 According to a statement by China’s State Council, after a meeting chaired
by Premier Wen Jiabao, the government promised to push forward its structural
reform programmes, including tax measures, to improve the country’s economic
development and improve people’s living standards.
|
|
BASIC Countries Slam EU Carbon Tax On Airlines 2/17/2012 The 10th BASIC Ministerial Meeting on Climate Change, held recently in New Delhi,
has heavily criticized the inclusion of international aviation in the European
Union Emissions Trading Scheme.
|
 |
US, China Agree Framework For Economic Relationship 2/16/2012 A joint fact sheet issued by the United States and China, during the visit of
China’s Vice President Xi Jinping to America, affirmed that the two countries
are promoting the healthy and steady development of the US-China cooperative economic
relations “based on mutual respect and mutual benefit”.
|
|
China's Tax Revenues Rise 22.6% in 2011 2/16/2012 Recently-released final figures from China’s Ministry of Finance show that,
in 2011, its tax revenue reached a total of RMB8.97 trillion,
an increase of more than RMB1.65 trillion or 22.6% over the previous year.
|
 |
Hong Kong Concludes Short Position Reporting Rules 2/15/2012 Hong Kong’s Securities and Futures Commission has published the conclusions
to its consultation on proposed short position reporting rules, which will now
be submitted to the Legislative Council for consideration.
|
|
Hong Kong Tax Residence Rule Questioned 2/13/2012 Following a question in Hong Kong’s Legislative Council, the Secretary for
Financial Services and the Treasury, Professor K C Chan, has provided numbers
for the Hong Kong residents caught by the 183-day income tax threshold for working
or staying within Mainland China.
|
 |
Canada, China Conclude FIPA Negotiations 2/13/2012 Canadian Prime Minister Stephen Harper has announced the conclusion of negotiations toward a Foreign Investment Promotion and Protection Agreement between Canada and China.
|
 |
Canada, China Agree To Update DTA 2/13/2012 Canada's Prime Minister has welcomed an agreement in principle negotiated with
China that would update the two countries' existing Double Tax Agreement with
the stated aim of reducing tax barriers and encouraging bilateral economic trade
and investment.
|
|
South Korea Examines FTA With China 2/10/2012 Following the agreement between South Korea's President Lee Myung-Bak and his Chinese
counterpart Hu Jintao during meetings last month, the South Korean government
will shortly begin internal consultations on a free trade agreement between
the two nations.
|
|
China Reports Surge In Non-Resident Corporate Tax 2/10/2012 China’s State Administration of Taxation has disclosed that it collected
over RMB100bn in corporate tax from non-resident enterprises in 2011,
showing strong growth since the new basis for corporate tax was first introduced in March 2009.
|
|
China 'Bans' Airlines From EU Carbon Tax Scheme 2/8/2012 The Chinese government has effectively banned Chinese airlines from participating in the European Union's Emissions Trading Scheme, which was extended on January 1, 2012 to flights using EU airspace.
|
|
China Halves Land Use Tax For Large Warehouses 2/6/2012 China’s State Administration of Taxation has announced that, within a policy
of promoting the development of the country’s logistics sector, the urban
land use tax has been reduced for large warehouses.
|
|
Singapore Tops 'Doing Business' Index 2/3/2012 The World Bank report, ‘Doing Business 2012’, the ninth in an annual
series, ranks 183 economies on their ease of doing business, and reports a general
improvement in the global business regulatory environment.
|
 |
Hong Kong To Foster Ties With ASEAN Countries 2/6/2012 According to the Director of the Hong Kong Economic and Trade Office in Singapore,
Fong Ngai, Hong Kong will continue to make the most of its 'China advantage'
and global connectivity to foster economic ties with Association of Southeast
Asian Nations countries in 2012.
|
|
US Urged To Pressure China On Currency 2/2/2012 The United States Senate Finance Committee Chairman Max Baucus and
House of Representatives Ways and Means Committee Chairman Dave Camp have called on the Administration, at the World Trade Organization next
month, to pressure China to stop unfairly undervaluing its currency.
|
|
WTO Finds Against China’s Raw Materials Export Restraints 2/2/2012 A World Trade Organization Appellate Body has upheld a previous panel's
ruling, made in July last year, against the duties, quotas, and price and licensing
requirements, that China imposes on its exports of raw materials.
|
 |
Australia Threatens Legal Action On Mining Contracts 2/2/2012 Australian Prime Minister Julia Gillard has warned that Australia will bring proceedings
at World Trade Organisation level if it is confirmed by industry that Australian
suppliers are unfairly being shut out of lucrative supply deals as has been alleged.
|
|
WTO Establishes Three Trade Dispute Panels 2/1/2012 The World Trade Organization has confirmed the creation of two panels to mediate
on cases relating to Chinese anti-dumping and countervailing duties, and a third
to examine Canadian support to local manufacturers of clean-tech products in cases
brought by the European Union and Japan.
|
|
China Pushes Shanghai As International Financial Centre 2/2/2012 China’s National Development and Reform Commission and the Shanghai Municipal
Government have disclosed that it is intended that Shanghai will be a centre
for onshore renminbi trading, clearing and pricing by 2015, before it becomes
an international financial centre by 2020.
|
|
WTO To Ease LDC Accession Requirements 1/27/2012 The Sub-Committee on Least Developed Countries, on January 20, agreed to start
work on developing recommendations to “further strengthen, streamline and operationalize”
current guidelines on the accession process of LDCs, as called for in a decision
by the Eighth WTO Ministerial Conference last month.
|
 |
Hong Kong Plugs Its Private Equity Advantages 1/20/2012 In a speech at the Asia Private Equity Forum 2012 in Hong Kong, the Financial
Secretary, John C. Tsang, confirmed that private equity is an important component
of Hong Kong's asset management business, as Asia has become a magnet for venture
capital investment, largely on the back of developments in mainland China.
|
 |
Hong Kong To Relax Listing Rules For Chinese Firms 1/19/2012 At the Asian Financial Forum, held in Hong Kong, the vice-chairman of the China
Securities Regulatory Commission, Yao Gang, has indicated that overseas
listing rules will be relaxed this year.
|
 |
Raspberry Pi Balks At UK Tax Regime 1/17/2012 The UK's tax regime makes it far too expensive for an electronics company to manufacture in the country, the computer company Raspberry Pi has said, looking to Taiwan and China instead to produce its goods.
|
|
Joint HK-UK RMB Forum Launched 1/18/2012 The Hong Kong Monetary Authority and the United Kingdom Treasury have announced
the launch of a joint private-sector forum to enhance cooperation between Hong
Kong and London on the development of offshore renminbi business.
|
 |
China Lifts VAT On Vegetable Distribution 1/16/2012 To combat food price inflation, the Chinese Ministry of Finance has announced its decision to retroactively exempt the distribution of vegetables from value-added tax.
|
|
Hong Kong Issues Advice On RMB Investment Products 1/17/2012 Hong Kong’s Securities and Futures Commission has published a list
of frequently asked questions on its website to help investors understand the
key features and risks specific to a new class of investment products which directly
invest in mainland China’s bond and equity markets.
|
|
South Korea, China To Proceed With FTA Talks 1/16/2012 The Presidents of South Korea and China have agreed during three days of meetings that the nations will commence negotiations towards a free trade agreement to boost trade relations.
|
 |
Hong Kong Remains World's Freest Economy 1/13/2012 For the 18th consecutive year, Hong Kong maintained its position as the world’s
freest economy, according to the 2012 Index of Economic Freedom, published annually
by The Heritage Foundation.
|
 |
Argentina Hikes Import Taxes On Luxury Vehicles 1/11/2012 The Argentine government has announced a change to the country's customs duty
regime to introduce higher taxes on imported vehicles and motorbikes, imitating Brazil's earlier decision to introduce protectionist tax measures to support its domestic car manufacturing industry.
|
 |
China Considers Carbon Tax By 2015 1/10/2012 Following previous announcements that it would develop tax policies to conserve
energy, reduce emissions and protect the environment, it has now been disclosed
that the Chinese government is considering the introduction of a carbon tax by
2015.
|
 |
Malta, China Pledge To Support Economic Alliance 1/9/2012 Maltese Deputy Prime Minister Tonio Borg has lauded the dramatic increase in bilateral
economic activity with China as the two countries look to enhance their business
relationship.
|
 |
China Increases Special Oil Income Levy Threshold 1/6/2012 On January 5, 2012, in an announcement to both the Hong Kong and Shanghai stock
exchanges, China Petroleum and Chemical Corporation disclosed that China’s
Ministry of Finance has increased the threshold of the special oil income
levy.
|
|
Hong Kong, Shanghai Enhance Financial Co-operation 1/9/2012 Following the signing in 2010 of the Memorandum of Understanding Concerning Advancing
Hong Kong-Shanghai Financial Co-operation, officials held their second working
meeting on January 6, 2012, in Shanghai, to enhance financial co-operation between
the two places.
|
|
US Confirms TPP Not Aimed Against China 1/9/2012 At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership: Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman said that the proposed extension to the TPP is not directly aimed against the interests of China.
|
 |
Macau's Gambling Revenues Surge 1/5/2012 According to the Gaming Inspection and Coordination Bureau, casino gambling revenues
in Macau increased by 42% in 2011, to reach MOP267.87bn.
|
|
Chinese Airlines Boycott EU Carbon Tax 1/6/2012 The association that represents Chinese airlines, including Air China, China Southern Airlines,
China Eastern Airlines and Hainan Airlines, has said its members will not abide
by the European Union Emissions Trading Scheme, which on January
1, 2012, was extended to international airlines that use European airports.
|
Page 1
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
