From WorldNetDaily : Just two weeks before Christmas, the Chinese government yesterday arrested 29 Christians for holding an “illegal religious gathering.” According to the China Aid Association, citing eyewitness reports, 40 law enforcement officers with eight police vehicles raided a house church leadership meeting at Xiapigang Village in China’s Henan Province. Some 100 major church […]
Read MoreFrom China Daily: A revised Personal Income Tax Law was adopted by China’s top legislators yesterday, raising the threshold for monthly personal income tax from 800 yuan (US$99) to 1,600 yuan (US$198) a move that will help ease the burden on low-wage earners… When it comes into force, only a quarter, or 26 per cent, […]
Read MoreFrom The Standard : China’s amended Securities Law, passed by parliament Thursday, allows financial derivatives for the first time and permits select firms to mix banking, insurance and securities businesses, a senior lawmaker said. Zhou Zhengqing, a former head of the country’s securities watchdog, said in Beijing that the amended law would also allow state […]
Read MoreFrom Xinhua: China’s top legislature adopted the Draft of the Amendment of the Corporate Law Thursday, with an eye-catching lifting of ban on the setting-up of one-person limited companies… According to the newly-adopted amended law, one person, either a natural person or a legal person, is allowed to apply for opening a limited company with […]
Read MoreFrom China Daily: China will introduce a national regulation on prevention and control of AIDS at the end of this year, and will provide nationwide training courses to nearly 500,000 officials above county levels, Vice-Minister of Health Wang Longde said yesterday. More on this topic, via Google news.
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