February 2009

Impact of the Chinese VAT reform on FIE

by Shu February 26, 2009 Regulatory Compliance

In Nov. 14, 2008, PRC State Council published the Revised Provisional Regulations on Value-Added Tax (VAT), which became effective on Jan. 1, 2009. This revised regulation transformed the VAT system in China from a production-based system to a consumption-based system. There are five major components of this VAT reform: 1. Input VAT for the current [...]

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Arbitration Clause – Lessons for Small and Middle Sized Chinese Companies

by Shu February 22, 2009 Alternative Dispute Resolution

  As China is involved more and more in international transactions, litigations against Chinese companies have arisen tremendously. Data have show that about 11.5% of Hong Kong and Chinese companies listed in New York Stock Exchange were involved in class actions. And in NASDAQ, the percentage is even higher, which is 17.2%. Most lawsuits against [...]

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Chinese Visit – VP Visits Mexico, Colombia, Venezuela and Brazil

by Shu February 20, 2009 News

Caracas (AFP) Feb 16, 2009 Chinese Vice President Xi Jinping will begin Tuesday a two-day official visit in Caracas, as part of his ongoing tour of Latin America to strengthen relations with the region. Xi is expected to sign several agreements with Venezuela, including "joint ventures with Petroleos de Venezuela (PDVSA) for the exploration, exploitation, [...]

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China’s Latest Geopolitical Assault on Latin American Commodities and Bilateral Trade

by Shu February 19, 2009 News

- Chinese vice-president and vice-premier for agriculture on the road, visiting nine Latin American states, including regional powers Brazil and Mexico – China tops the list of emerging Latin American trading partners, with exports rising tenfold in last decade – In Washington, Obama administration yet to react to new Latin American realities, but must learn [...]

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DR attorneys visited China Beijing Equity Exchange

by Shu February 3, 2009 News

Beijing, China – Diaz, Reus & Targ, LLP visited China Beijing Equity Exchange (CBEX) on January 20, 2008. The Chief Representative of China, Adam Ehrlich, discussed potential cooperation opportunities with Mr. Zhao Yue from CBEX. Authorized by the Beijing Municipal Government, CBEX is the largest asset-trading platform in China with a nationwide service network. It [...]

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