China is Worlds #2 Consumer of Luxury Goods Now consuming 27.5% of the world’s luxury goods, China has overtaken the United States in luxury good consumption, and is now second only to Japan. Well-educated Chinese between the ages of 20 and 40 whose salaries range from 5000 to 50,000 yuan a month are the drivers …
Trademark infringement has always been a major concern for firms doing business in China. However， as new figures emerge, it seems that this problem is only getting worse. According to the Customs General Administration (CGA) The total value of all goods seized for trademark infringement totaled over RMB328,000,000 in 2007. The process of Customs seizures …
Sam Engutsamy, February 11 2010 Markets such as the Silk market, the Pearl market, and Yashow are famous amongst foreign visitors to Beijing looking for a deal on fake goods. At any of the above places counterfeit watches, bags, shoes, wallets and much more can be haggled down to an impressive and affordable price. However, …
New interpretations issued relating to obscene and offensive content The Supreme People’s Court and the Supreme People’s Procuratorate have jointly issued a 13 articled document pertaining to the application of cases concerning obscene information via the internet and mobile devices. The new Interpretation outlines that where telecom and internet service provides were aware and had …
Please see the following link for recruitment within the Asia Pacific region. http://practicesource.com/joblogs.html
The amended “Measures on Administering Undeveloped Land in Guangzhou” has been officially released by the Guangzhou government. Undeveloped land fees will no longer be levied on a monthly basis, but will be levied at a fixed rate of 20%of the value in the transfer or assignment of the land. Late charges amounting to 1%of the …
A Beijing man surnamed Gao is suing the Beijing Coca-Cola beverage company after he found a three centimeter long cockroach like incest inside a bottle of sprite that he purchased from a supermarket. Mr. Gao took the company to court in 2008 requesting that the company apologize for the incident, pay him 2.05 yuan in …
As a testament to both the level of corruption present throughout China, and the governments dedication to rooting out such corruption; Chinese prosecutors continue to present startling evidence against Wen Qiang the former police chief of Chongqing Province. Wen is charged with accepting bribes, possessing suspicious assets, protecting gangs, and the repeated rape of a …
In a report issued by China Business news, Chinas energy conservation, and environmental protection industries may contribute up to 5.3 trillion yuan or 776 billion USD by the year 2015. This would account for nearly 10% of predicted gross domestic product. According to the secretary of the China Environment Service Industry Association, Luo Jianhua, China’s …
China’s “Green” sector predicted to reach 10% of GDP Read More »
China announced on Friday, February 5th that it will impose anti-dumping duties on broiler chicken imports from the United States. China is the largest importer of chicken products from the US, imports of which reached 584,300 tons in 2008 and accounted for 20 percent of US exports and 75 percent of Chinese imports during the …
