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  • April 24, 2014
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  1. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... as they interpreted it as a move to suspend the trial scheme until the law is ready. "The property tax is an issue that has plagued the market for a long time," Yu Liang, president of China Vanke, ...

    http://www.scmp.com/property/hong-kong-china/article/1446030/china-drafts-property-tax-law-fate-pilot-programme-air
  2. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... non-performing loans and other assets from local financial institutions, rather than creating a new entity, China Business News reported, citing a source close to the firm's parent company. Shanghai ...

    http://www.scmp.com/business/banking-finance/article/1442573/shanghai-allows-city-owned-firm-buy-bad-loans-local-banks
  3. Business - China Business - MR. SHANGKONG

    Greedy Shanghai taxi drivers show the 'evil' side of new technology

    Posted Mar 03rd 2014, 02:59am by George Chen

    ... George Chen george.chen@scmp.com Taxi-booking apps offering bonuses to drivers illustrate how technology can have a detrimental impact on society, especially the elderly Shanghai cabbies show the 'evil' side of new technology Google once had an ...

    http://www.scmp.com/business/china-business/article/1438813/greedy-shanghai-taxi-drivers-show-evil-side-new-technology
  4. Business - China Business - RETAILING

    Shanghai outlet centre to promote affordable Italian luxury

    Posted Feb 27th 2014, 10:21am by Daniel Ren

    ... in China." Privately owned Zonfa plans to launch the Outletmart, a shopping complex and distribution centre for luxury brands, at Fengjing on the outskirts of Shanghai in the first half of this year. ... an institute to develop mainland fashion designers. "A developed and healthy luxury market in China will benefit the country's move to push its products up the value chain with excellent ...

    http://www.scmp.com/business/china-business/article/1436141/shanghai-outlet-centre-promote-affordable-italian-luxury
  5. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... yesterday. "Our Shanghai auction [in 2013] demonstrated that there is a strong demand for international art among our Chinese clients and 2014 will see us bringing more art [to China ... in London, adding the firm this year will also open a gallery in Beijing to host exclusive exhibitions only for top-end Christie's clients in China. Christie's became the first auction ...

    http://www.scmp.com/business/china-business/article/1411102/chinese-art-buyers-help-christies-record-sales-year
  6. Business - China Business - industry

    Pollution heads south to Shanghai as steel mills driven from Beijing's environs

    Posted Jan 03rd 2014, 02:13pm by Reuters

    ... be that they reduce pollution in Hebei and it just pops up again here in Shanghai. What it does tell us is that China has a hell of a lot of steel capacity.” Environmentalists have said China’s campaign ... destination is China’s less-developed interior provinces, some of them around Shanghai. Hebei, a major industrial region that surrounds Beijing, was home to some of the most polluted cities in China ...

    http://www.scmp.com/business/commodities/article/1396590/pollution-heads-south-shanghai-steel-mills-driven-beijings
  7. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... not see any actual impact," said Jack Chan, a managing partner of financial services for the Greater China region at Ernst & Young, one of the world's Big Four accounting firms. ... attract those clients. Early last month, the People's Bank of China announced a so-called reform guidance to support the free-trade zone. The central bank proposed to run some pilot steps ...

    http://www.scmp.com/business/banking-finance/article/1405201/regulation-delay-puts-foreign-banks-spot-shanghai-free
  8. Business - China Business - MR. SHANGKONG

    Faith can go on its merry way, but get the festive spirit and shop

    Posted Dec 23rd 2013, 04:47am by George Chen

    ... George Chen george.chen@scmp.com That's what Christmas means on the tinsel-laden streets of the mainland's big cities, even though state media outlets aren't buying into all the fuss Faith can go on its merry way, but get the festive spirit ...

    http://www.scmp.com/business/china-business/article/1388588/faith-can-go-its-merry-way-get-festive-spirit-and-shop
  9. Business - China Business - LISTINGS

    IPO hopeful's business is built on a dead certainty: hundreds of millions of Chinese will die one day

    Posted Dec 03rd 2013, 01:57pm by George Chen

    ... Kong before its official roadshow next week. Although pricing for the IPO will not be fixed until December 13, according to a term sheet seen by the South China Morning Post, the initial ... their shares after the listing is that China is becoming a fast ageing society – a story the company and its bankers are emphasising to potential investors. No country is ageing as quickly as China ...

    http://www.scmp.com/business/china-business/article/1371794/ipo-hopefuls-business-built-dead-certainty-hundreds-millions
  10. Business - China Business - MR. SHANGKONG

    For many, having an extra child just brings on labour

    Posted Nov 18th 2013, 05:25am by George Chen

    ... week. Why? Well, it comes down to those familiar issues of money and power. Today's China might be richer than ever, but the gap between the haves and have-nots is at its peak, too. ...

    http://www.scmp.com/business/china-business/article/1358700/many-having-extra-child-just-brings-labour

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