Biggest consumer opportunity in history

This is the fastest growing consumer economy in the world. Never, in the history of time has an economy changed, grown and developed so quickly.

China Regulates Gift Cards to Prevent Corruption

The Chinese government has moved to regulate gift cards to stop a loophole that may help corrupt officials escape accountability when taking bribes, according to a document issued by China’s Cabinet, the State Council. “The regulation on commercial gift cards aims to prevent money laundering, illegal cash withdrawal, tax evasion and bribery,” said the document on the State Council’s website.

China refuses to commit itself to backing India’s case for NSG seat

China on Thursday refused to commit itself to supporting India’s application for membership of the Nuclear Suppliers’ Group, the premier non-proliferation body. It preferred to hide behind procedural issues instead of taking a clear stand on the Indian move.

Zhou Libo: Close up with Shanghai’s favorite funny man

Shanghai’s favorite comedian Zhou Libo (周立波), or ‘Bobo’, is best known for drawing sell-out crowds to his live shows, delivering his act in Shanghainese, and lampooning just about everyone. His latest project — “Zhou Libo: Hui Ci Dian” or “Zhou Libo’s Dictionary of Humour” — is a lexicon containing hundreds of commonly used Shanghai slang terms, explained with Zhou’s funny flair.

Irish embassy holds Open Day for Chinese students

As part of 2011 EU-China Year of Youth activities, the Embassy of Ireland opened to the public Monday and received more than 100 Chinese students.

European businesses perform well in competitive China market

European companies in China achieved growth both in revenue and profit in an increasingly competitive market, but have growing concerns over the regulatory environment, according to the European Chamber Business Confidence Survey 2011, an annual report conducted by the European Union Chamber of Commerce in China and Roland Berger Strategy Consultants.

Paper-cut art, Italian style

Paper-cut art, or jianzhi, is a handicraft art created during the Eastern Han Dynasty (25- 220), extant practically right after paper was invented. Though it has spread around the world, its arrival in Italy was much belated – or at least it seemed.

At what threshold should people start paying taxes?

With increasing pressure on individuals due to inflation and rising living costs, calls for a higher minimum threshold on individual income taxes are growing, especially in light of the widening income gap.

Should a professor focus on teaching only?

Yin Xiaobing is an assistant professor at the Institute of Commerce and Tourism Management in Yunnan University and board member of three publicly listed companies.

Boom or bubble? – Dotcom IPO frenzy may herald new Web crash

Interest in Chinese dotcoms has reached fever pitch: half of the companies that went public on the Nasdaq last year were Chinese, and 17 more are planning foreign IPOs this year.