A sweeping VAT reform takes place in China on January 1 2009. It will benefit many domestic companies but could block the cash-flow of some foreign invested enterprises, removing advantages enjoyed under the old tax regime. By Joanna Law.
Macnica, a company listed on the Tokyo Stock Exchange, has bought Cytech Technology and its subsidiaries in the PRC for US$55 million.Cytech distributes…
Ashurst has set up a new office in Hong Kong through an association with Jackson Woo & Associates. Through the association, the firm has also formed an…
Edward Lehman, managing director of Lehman, Lee & Xu Law Firm, has been appointed as a member of the board of directors of Shoshone Silver Mining, a US-based…
Worldwide, regulators are restricting margin trading and short selling. But China is about to allow securities companies to engage in these types of business for the first time. The new scheme will be tightly controlled and small in scale. By Phil Taylor.