The conditions any foreigners seeking employment in China shall meet

Promulgated jointly by the Ministry of Labour, Ministry of public Security, Ministry of Foreign Affairs and the Ministry of Foreign Trade and Economic Cooperation of the PRC on 22 January 1996:

Any foreigners seeking employment in China shall meet the following conditions:

(1) 18 years of age or older and in good health;

(2) with professional skills and job experience required for the work of intended employment;

(3) with no criminal record;

(4) a clearly-defined employer;

(5) with valid passport other international travel document in lieu of the passport( the "travel document").

 

Special Preferential Tax Policies in Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone ——Annie Lyu

 A young man just had a job in Qianhai, Nanshan District in Shenzhen couple of days before, and found there were construction works everywhere. He was told that the headquarter of the company he was employed will move in Qianhai in a very short time. Not only his company, many companies may have the thought to move in Qianhai area, due to a Special Preferential Tax Policies there. Let's take a look at the policy.

What is Civil Disobedience——Annie Lyu

 Recently, Hong Kong Bar Association made a statement on the rule of law and civil disobedience. Let's see what is Civil Disobedience in Wikipedia.

Civil Disobedience is the active, professed refusal to obey certain laws, demands, or commands of a government, or of an occupying international power. Civil disobedience is sometimes, though not always, defined as being nonviolent resistance.

Shall the company pay Trade Union expenditure?---Denise Xia

One of our client’s companies got a notice from the Tax Bureau that Trade Union expenditure shall be paid accordingly. And the Trade-Union expenditure being paid is 2% of the employees’ wage, which is not a small cost.
 
So what is Trade Union? 
It is a union organized by the people who have the same interest on the purpose of negotiating the salary, work time and work condition with the employers.
 
What kind of people or company shall pay the Trade Union expenditure?
According to Trade Union law of the people’s republic of China, ChapterⅴTrade-Union funds and Property, Article 42 The source of Trade Union fund;
The source of Trade Union fund includes:
1. Membership dues paid by union members;
2. The units established Trade-Union organization press 2% of all employees’ wage to the Trade Union, or pay through Tax Bureau.
3. Paid income from the enterprise or public institution belongs to Trade union.
4. Government allowance.
5. Others income. 
 

Regulations on issuing RMB share of China enterprises in oversea market is drafting---Denise Xia

 

People’s bank of China is drafting RQDII (RMB Qualified Domestic Institution Investor) mechanism to push forward QDII2 (Qualified Domestic Institution Investor) mechanism, which means direct invest in oversea on persons and issue RMB share of China enterprises in oversea market will be permitted in the near future, according to a regulator officer on central currency policy.

According to statics of SWIFT (Society for Worldwide Interbank Financial Telecommunications), RMB has become the 2nd Trade Finance Currency and the 7th international payment currency in the world.

Accompanied by the accelerated process of RMB internationalization, the regulators is making two-way open capital market of China.

 

Shenzhen Anti-fraud hotline 0755-81234567---Shirley Pan

In the past few months, I got some fraud phone calls, such as your son was kidnapped, your ID card was used by criminal in Xia Men for money laundering, etc. What was most striking to me was the cheater can spell my whole name, ID number, my child’s name, the name of my son’s university, also let me hear the child crying voice.

I believe most of people lives in Shenzhen received one or more phone calls, short messages, emails from fraudsters. Some of them really have been cheated. It’s reported that some of scams operated through social media platforms including QQ, WeChat, and son on..

How to identify whether it is fraud? Shenzhen Police reminding: normally, incoming calls or test messages involving key words or claims-such as underpayment of phone bills, malicious overdrafts, information leakage, duty paid award, money laundering and insurance offers-they could be fraud. Such scams usually require the victims to transfer their money to another account. 

When receiving phone calls or some text messages from fraudsters, below four ways for your reference. 

China’s Property-Value Bubble is bursting?---Denise Xia

China Banking Regulatory Commission recently revised the Measures for Implementation of the Matters Subject to Administrative Licensing for Foreign Banks.

Pursuant to the Measures, administrative licensing is no longer required for matters such as provision of electronic banking services. Moreover, the licensing procedures are to be simplified, and prudential supervision is to be enhanced.

The purpose of the revise is to simplify the licensing procedures and shorten licensing scopes of foreign banks. And making full efforts to harmonize the market access of foreign banks and promote fair competition also.

That means more foreign banks will show in China. And more Chinese people will transfer its money to foreign banks if the foreign banks policy is more competitive and convenient than domestic banks.

Those that you work with heavily influence your viewpoint in China -- Michael Sylvester

Today I wanted to focus on a matter of perspective rather than the application of any specificglasses.jpg piece of legislation and how it applies to living, working and business here.
 
Sure, this is a bit of a strange place with it's decades of double digit growth, accidentally taking over the world economy with a huge checkbook and the occasional saber rattling with Japan over a few rocks in the sea between here and there.
 
Yet, at base how things work here, meaning not what you can get away with for lack of internal regulatory policing or training on the part of government officials, but what is defensible long-term in the stark light of day, is just not that damn differnt than anywhere else.
 
And if you want to argue about it because you have a story to tell and think China is just a black hole with no rules and is more of a mess than any other similarly powerful country, let's talk about horse meat in Europe for a minute or two...

Talking to the Enemy -- Do I not destroy my enemies when I make them my friends?

book cover.jpg 

'Do I not destroy my enemies when I make them my friends?' is a quote from Abraham Lincoln near the end of the civil war.  It is also a main concept that Scott Altran uses to weave together his story.

We have been advocating looking at the similarities, rather than any of the differences, in Chinese-US relations for more than a decade and welcome the (un) making of differences in any discipline.

Meaning, one need not support the world view or purported goals of those we can not understand.  But if we give up the chance to understand others and when doing so try to give them a way to understand us, then we all lose.

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