Industrial and Commercial Bank of China (ICBC) wants to buy a stake in Thai bank ACL in an attempt to gain a foothold in Thailand’s fast growing economy, Reuters reported. ICBC wants Read More
Archive for September, 2009
ICBC offer $104.8m for stake in Thai bank
Author: China Sourcing CommentatorSep 30
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China Tightens Royalty Payments via Double Tax Treaty Residency
Author: China Sourcing CommentatorSep 30
BEIJING, Sept. 30 – The State Administration of Tax moved last week to clarify the treatment of royalties under the nation’s double tax treaties.
Guo Shui Han (2009) No. 507, published on September 23 and taking effect October 1, sets out the scope of permitted royalties under double tax treaties (DTAs) as well as what should [...] Read More
China Has A Great Economy And It’s Growing Quickly, But…?
Author: China Sourcing CommentatorSep 29
…if China becomes the bigger economy in world, will it begin a new imperialist race like two World Wars ? Read More
I’m Curious About Global Dimming. Does Anyone Have The Total Number Of Aerosols China Produces Per Annum?
Author: China Sourcing CommentatorSep 29
I’ve read that the Earth’s trend of cooling between the forties and seventies was due to aerosols blocking sunlight. Now obviously Western and European nations do not spew aerosols like they used to but what about China? I can’t seem to find the numbers. Are they producing the same effect? Also if you have the numbers of current aerosols in the air now vs. the 70s that would be spectacular. As always, sources please! Read More
Starbucks Not A Military Friendly Company?
Author: China Sourcing CommentatorSep 29
I heard rumor that Starbucks does not support the war or anybody who serves in it. I was wondering how much truth is behind this? Anybody else heard this or have any sources? Read More
Chinese Pride, at the Touch of a Cellphone Button
Author: China Sourcing CommentatorSep 29
China’s mobile phone service company has changed customers’ ring-back tones to a patriotic song ahead of the 60th anniversary of the People’s Republic.
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India, China execs most optimistic about economic recovery: survey (Express India)
Author: China Sourcing CommentatorSep 29
Executives in India and China are the most optimistic about sustainability of economic recovery, with six out of ten people reposing their faith on the turnaround in the economy, says a survey. Read More
India promises twelvefold boost in nuclear capacity by 2050
Author: China Sourcing CommentatorSep 29
India announced the world’s boldest nuclear power development plan yesterday, saying that it could boost its atomic capacity twelvefold by 2050 to end crippling power shortages while limiting carbon emissions. Manmohan Singh, the Prime Minister, predicted that India could produce 470 gigawatts of nuclear power by 2050, compared with the 3.8GW currently produced by its 17 reactors. India’s target is almost five times the current nuclear power capacity of the United States – the world’s biggest producer with 100GW, according to the International Atomic…
China’s Ties With Iran May Snag SanctionsAuthor: China Sourcing CommentatorSep 29 As the United States issues new calls to punish Iran for secretly expanding its nuclear program, it is not at all clear that Washington’s interests are the same as Beijing’s. Development Of China’s Economy?Author: China Sourcing CommentatorSep 29 In the future, do you think China’s economic growth will remain “regionally-oriented” or do you see it evolving into a single, nation-wide economy? What would you suggest be done to enable China’s economy transition into a single, national economy? Read More 
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