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South Asia a rising force in global meth trade
By Sebastian Abbot ISLAMABAD -- Iran, Pakistan and other South Asian countries are a fast-rising force in the global methamphetamine market, with drug cartels thriving off the weak g...
China says US report on its military unjust
China expressed Saturday its "firm opposition" to a Pentagon report that said Beijing was carrying out aggressive cyber espionage as part of a steady build-up of its military power, state media said. Foreign ministry spokesman Hong Lei said "China's justified and normal military development" had ...
Severance Pay Subject to Individual Income Tax in China
Officials from China’s State Administration of Taxation answered questions on several hot issues regarding ambiguities in tax payments, clarifying that individual income tax should be paid when an individual receives compensation for termination of their contract. Continue reading →
U.S. Eases Financial Sanctions on Myanmar
News gives China-based U.S. manufacturers a new neighboring market to consider May 18 – The United States has decided to ease its financial sanctions on Myanmar after a visit to Washington on Thursday by the Southeast Asian nation’s Foreign Minister Wunna Maung Lwin. The U.S. described the move a...
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Sunday, May 20, 7:09 (SGT) |
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Trading places?
Europe’s emissions trading scheme is no longer the only game in town. A new report considers the challenge posed by China’s carbon market pilots, writes Rob Elsworth.The European Union (EU) has long seen itself in the vanguard of action on climate change. At the centre of its climate policy is the EU emissions trading scheme (ETS). Covering around half of...
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