From AFP:

Two landmark laws that have just gone into effect in China look to drastically alter the business environment, but the reality may turn out to be different, analysts said.

In booming, chaotic China, enforcement of any law can be weak or non-existent, and the impacts of the new ones that aim to equalise income tax and offer more protection for workers could similarly be muted, they argued….[Full Text]

[Image: A pedestrian walks past high rise modern residential and commercial buildings in Beijing, via AFP]