Status symbol: Chongqing's promotion brings it under Beijing's wing

Article Abstract:

The city of Chongqing has been granted central city status by the Chinese government. The city, formerly of Sichuan province, has been given an equal status to China's 27 provinces, freeing it from the constraints of provincial government. The move is seen as a warning by the central government to other urban centres where local government ignores directives from Beijing. The official reason for giving the city central status is the construction of a dam which will be completed in 2009. It is expected that the dam's presence will attract inward investment.

Political aspects, Chongqing, China, Federal-provincial controversies

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Pox on Bean-counters: Chinese peasants don't like them, and it shows

Article Abstract:

China's policies and pricing regarding grain are driving farmers out of the business and forcing those remaining to make ever-more-convoluted deceptions to make a living. Beijing requisitions up to 40% of each harvest, paying farmers less than provincial wholesalers pay and far less than the ultimate market price. Farmland goes fallow or is converted to other uses, and farmers underreport both the acreage farmed and the yield, or grow other foods altogether. Reforms or extensive imports are becoming necessary.

Oilseed and Grain Farming, Cash Grains, Food Grains, Prices and rates, Grains, Agricultural policy, Grain

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You never know: foreigners fret over possible Chinese tax changes

Article Abstract:

China is expected to enact a new tax code in 1996 that would eliminate some of the tax benefits currently offered to foreign companies and already some companies are seeking guarantees of their tax status from local and Beijing governments. Some of the expected changes include cutting the value-added tax rebate, requiring payment into welfare funds and charging duty for imports. Grandfather clauses are possible but nothing has been announced.

Taxation, Foreign corporations, Tax policy, Tax incentives

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