Los “productos o servicios de la etiqueta privada son típicamente ésos fabricados o proporcionados por una compañía para la oferta bajo marca de fábrica de otra compañía.” - Wikipedia. Éste es el nombre del juego para China y para la mayor parte, los productos que usted compra aquí en los Estados Unidos realmente no son fabricados por el nombre en la etiqueta. A veces la mayor parte de los almacenes grandes de la caja o de ropa usted frecuente tiene un inventario compuesto casi enteramente de sus propios productos bajo su propia marca de fábrica o el múltiplo unaffiliated marcas de fábrica. Esto no es justo un juego para los muchachos grandes, éste se puede lograr con…

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Además de la tragedia humana, ha habido siempre cierta ironía en el hecho de que el sistema comunista nunca ha podido alcanzar su meta principal: para traer prosperidad a las masas.

Más específicamente en China, allí primero donde los granjeros que lo hicieron no beneficiado particularmente de la revolución que fue emprendida en su nombre. Y ahora, mucho al chagrin uno de Beijing se imagina, un escándalo después de que otro con respecto al maltrato de trabajadores golpee el circuito internacional de la prensa.

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Getting prepared for your annual audit inspection

By Chris Devonshire-Ellis

All foreign invested businesses in China are required to prepare annual financial statements, including balance sheets and income statements for their annual Chinese audit. Such accounts must be in accordance with the Chinese accounting standards for business enterprises – there are now no differences between standards for domestic and foreign enterprises. Foreign companies, including their legally responsible persons, must take full responsibility for the truthfulness, legitimacy and completeness of these financial statements. These documents must be completed ahead of the submission of consolidated accounts for tax purposes by the end of April every year, for the financial calendar year ending the previous December 31.

These statements will be used for computing the taxable and distributable profit. Accordingly, an annual audit by a firm of certified public accountants registered in the PRC is required under Chinese law.

There are a number of areas where you need to take particular care and where there are some differences between Chinese and Western accounting practice. These are guidelines only as every business is Read the rest of “China’s audit regulations – Filings shortly due” or post a comment

As China’s role on the international stage grows, its trade practices have attracted increased scrutiny from the international community.

In recent years, a number of complaints have been made to the World Trade Organization (WTO) concerning the Government of China’s involvement in the marketplace and, in particular, the wide range of alleged subsidies — most of which are indirect — offered to…

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By Cliff Sosnow, Robert Kwauk and Elysia Van Zeyl

As China’s role on the international stage grows, its trade practices have attracted increased scrutiny from the international community.

In recent years, a number of complaints have been made to the World Trade Organization (WTO) concerning the Government of China’s involvement in the marketplace and, in particular, the wide range of alleged subsidies — most of which are indirect — offered to domestic producers and exporters by the Government of China. Recently, these complaints have crystallized into the establishment of a WTO panel at the request of the United States and Mexico to examine the existence and impact of subsidies that are alleged to have unfairly boosted Chinese exports and skewed Chinese buying decisions to favour Chinese-made products. Read the rest of “Spotlight on Chinese Subsidies” or post a comment