Saturday 7 January 2012

Home ownership after 2047? It’s risky

There is no guarantee that you will own your flat forever.

Shanghai flies the flag for expats in pension scheme row

Fearing loss of foreign investment, the municipal government stalls over implementing unpopular rule

Mainland mulls expanding tax to more cities

Guangzhou, Nanjing next to face levy on property deals after trial runs in Shanghai, Chongqing

Now is the time for Japan to build Shenzhen of its own

China’s neighbour has lost sight of the policy innovation and vibrancy that once propelled it

Worries Grow as China Land Sales Slump

Land sales slowed sharply in China last year, according to a series of industry reports that highlight the deepening woes of debt-laden local governments that depend on land auctions as a crucial revenue source.

Private Chen’s Family Learns More About Hazing by Fellow G.I.’s

The officers in command of the battalion of Pvt. Danny Chen, who the Army says committed suicide in Afghanistan in October after being hazed by fellow soldiers, were aware of the harsh treatment he had repeatedly received, his family said Thursday.

Some return units to developers, fearing price dip

They prefer to forfeit 1.25% of unit price; developers still sanguine

I Honestly Love You - Oliva Newton John

Thursday 5 January 2012

Forbes China: Top ten safest countries for Chinese overseas investment

Forbes China has released its first overseas investment "risk list" for Chinese investors. Like all risk rankings, they gauged things like regional political stability, government corruption, legal system factors, and indicators of social stability and economic opportunities. Whether the Chinese follow these risk assessments is another thing entirely.

Lafite 2008 value halves as fine wine prices fall

Fine wine prices in 2011 showed their most dramatic fall since 2008 – with some values dropping by nearly half.

 Read article

Wednesday 4 January 2012

Chinese Retailer Casts Doubt on TV Investigation

Last July, China’s biggest state-run television broadcaster accused a luxury retailer named DaVinci Furniture of passing off low-quality goods from a factory in southern China as premium imports from Italy and other foreign lands.

Now, DaVinci has pointed the cameras and microphones back at the broadcaster, according to a report in current issue of the weekly magazine Caixin. The magazine is regarded as one of the most authoritative business publications in mainland China.

Singapore to slash ministers’ million-dollar pay

Singapore will slash its top politicians’ unpopular multimillion-dollar salaries by at least a third, a new salary scale showed Wednesday, but its ministers will stay among the best paid in the world.