At 1:46pm on March 11th, Beijing time, there was a class 9 earthquake that hit near Honshu island of Japan. The earthquake as well as tsunami and the fire at a nuclear power station that followed not only brought fatal effects to Japan, but also greatly affected China as its...
As a recently moved expat living in Beijing, I was very fortunate to experience my first Chinese New Year in China. It’s really something watching a whole country of over a billion people shut down for a holiday as all of the factories we work with closed down for nearly...
One of the hottest topics in China right now is “inflation.” Not only in this year, but in fact in the past few years, inflation has become an increasingly important topic in China. People talk about it every day, people feel it every day. We are highly influenced by this...
As part of the recent renovations of our website here at China Performance Group, we will be introducing a new company blog system. Our aim is to deliver even more insight not only into the way that we do business at CPG, but also into life and doing business in...
Industry and Manufacturing in China and India The Value Added Tax and China History of China Exports and CPG
Industry and Manufacturing in China and India Excerpt: As the world has become increasingly interconnected in recent decades few countries have taken more advantage or made a bigger impact than manufacturing in China and India. Having been dubbed the “Chinese Dragon” and “Indian Elephant” respectively, reflecting the size of this...
Value Added Tax and its Implementation in China Excerpt: VAT is a central part of China’s tax policy as it accounts for 60% of its total annual tax revenue and has been part of the Chinese system for over 30 years now. This paper will more closely examine the mechanics...
