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  • August 22, 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 - 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
  3. 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
  4. 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
  5. Business - Banking & Finance - EXPANSION

    CIMB puts China at heart of growth push

    Posted Aug 19th 2013, 12:00am by George Chen, Ray Chan

    ... Ray Chan and George Chen Building on burgeoning trade flows, Malaysian bank is opening offices on the mainland and linking with key companies such as Alibaba CIMB puts China at heart of growth push Regional banking group CIMB, which acquired key Asian assets of Royal Bank of Scotland last year, is targeting China for rapid business expansion outside its home market in Malaysia. ...

    http://www.scmp.com/business/banking-finance/article/1297648/cimb-puts-china-heart-growth-push
  6. Business - Banking & Finance - FINANCE

    China Development Bank loans point to stealthy economic stimulus

    Posted Aug 15th 2013, 12:00am by George Chen, JANE CAI

    ... three provinces funding boost China Development Bank (CDB) has agreed to fund massive infrastructure borrowing by three mainland provincial governments in the latest sign of an effort by Beijing to prop up growth with targeted bursts of lending. CDB, a state-owned lender that reports directly to the State Council, China's cabinet, has signed memorandums of understanding (MOUs) ...

    http://www.scmp.com/business/banking-finance/article/1296795/china-development-bank-triple-funding-boost-provinces
  7. 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
  8. Business - Banking & Finance

    Legal loopholes prompt China to delay Shanghai free-trade zone rules

    Posted Aug 05th 2013, 12:00am by George Chen

    ... have met with the so-called 'legal loopholes' and I don't know if these are just excuses for some regulators to keep their tight control over China's financial ... including the China Banking Regulatory Commission and China Securities Regulatory Commission. Senior regulators disagreed with Li's plan to open Shanghai's financial services sector ...

    http://www.scmp.com/business/banking-finance/article/1294289/legal-loopholes-prompt-china-delay-shanghai-free-trade-zone
  9. Business - China Business - MR. SHANGKONG

    Hotlines spring up for China VIPs to buy luxury goods amid anti-graft drive

    Posted Jul 22nd 2013, 12:00am by George Chen

    ... Amid Xi Jinping's anti-graft drive and the popularity of weibo, those who have something to hide prefer to do their shopping by telephone President Xi Jinping's anti-graft campaign may have created a new business on the mainland: serving "i ...

    http://www.scmp.com/business/china-business/article/1287960/hotlines-spring-china-vips-buy-luxury-goods-amid-anti-graft
  10. 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

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