ABA Journal - Law News Now

Recent Posts from China Briefing

• China Spreading Wealth to Rural Areas

  Farmers incomes to double in next decade Oct. 13 – During the 3rd Plenary Session of the 17th Communist Party of China (CPC) Central Committee, leaders pledged to double per capita disposable income of rural…

• China Increases Refinancing Threshold

  Oct. 10 - China’s securities regulator said publicly-traded companies will now be required to pay dividends in cash instead of stock, three years before filing their refinancing applications. The regulation should improve long-term investment and…

• China’s Securities Commission Orders Audit of All Foreign Financial Institutions

  BEIJING, Oct. 10 – The China Securities Regulatory Commission has requested unofficial ‘audits’ of all foreign financial institutions operating in the country, amid concerns that an overseas bank failure could lead to the global credit…

• China Securities Regulatory Commission Suspends Chinese Share Offerings

  BEIJING, Oct. 10 – In an attempt to boost already battered stocks, China’s financial regulatory body, the China Securities Regulatory Commission, has ceased reviewing applications for Chinese initial public offerings. Beijing has been attempting to…

• China to Purchase More U.S. Treasuries to Support Global Economy

  United States may have to pay price for Beijing intervention BEIJING, Oct. 9 - Banking sources in China have indicated to China Briefing News today that Beijing is likely to purchase still more U.S. debt…

• World’s Central Banks Cut Interest Rates

  Oct. 9 – The world’s central banks cut short-term interest rates almost simultaneously in an effort to deal with the worsening global financial crisis. The central banks in the United States, the Euro zone, Britain,…

• All Foreign-Funded Companies in China to be Unionized by 2009

  Oct. 8 – According to an official from the All-China Federation of Trade Unions (ACFTU), ninety percent of foreign-funded companies in China will be unionized by the end of this year; eventually all foreign-funded companies…

• Manzhouli, China’s Largest Inland Port of Entry

  Oct. 7 – Although its name is obscure, Manzhouli is an important gateway for business in Inner Mongolia and receives 60 percent of all of China’s trade to and from Russia and the rest of…

• China’s Golden Week Holiday Boosts Consumer Spending

  Oct. 7 - According to the Chinese Ministry of Commerce, the October National Holiday boosted consumer spending and travel in the country to record levels. The weeklong holiday runs from September 29 to October 5…

• Middle Eastern Investors Eye Xinjiang Regional Development

  By Chris Devonshire-Ellis Oct. 6 - The extensive plans to develop trade links between Xinjiang and Central Asia have led Middle Eastern investors to become interested in assisting China in opening up the region to…

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