All Articles

China (English)

General

China's new stamp duty law

It is well known that stamps do in China what signatures do in the West. They give documents their binding character. The tax authorities also take advantage of this: they demand levies in connection with the stamping of contracts. Until now, however, this practice was only prescribed by an executive order that dates back to 1988. Now the People's Congress is professionalising tax law here too and regulating stamp duty by law.

By Redaktion Table

Frank Sieren und Christian Sommer
Feature

"Companies want to do business, not politics"

Small and medium-sized enterprises (SME's) are hit heavier by Covid visa regulations than by sanctions between the EU and China, says Christian Sommer, head of the German Centre in Shanghai. Sanctions are of no use, he says, and decoupling does not make sense. Despite all this, China is still dependent on the presence of foreign companies and their employees. But there is no point in forcing Europe to choose between China and the USA. The German Centre is a positive example of how government and business can work together, says Sommer in an interview with Frank Sieren.

By Frank Sieren

Feature

China's Olympic hopes

The Olympic Games in Tokyo have begun. At long last it's no longer just about Covid or scandals, but about points, goals, and gold, silver and bronze. In Rio, China ended up in a disappointing third place in the medal table. In Tokyo, the haul is expected to be much greater. But on whom do China's hopes for gold rest?

By Michael Radunski