chao-e

SAN FRANCISCO —Wells Fargo & Company (NYSE:WFC) said [Jun. 28] that its board of directors has elected Elaine L. Chao, the former U. S. Secretary of Labor and the first Asian Pacific American woman to be appointed to a presidential cabinet, to the company’s board of directors, effective July 1, 2011.

As special representatives of President Barack Obama and President Hu Jintao, U.S. Treasury Secretary Timothy Geithner and Chinese Vice Premier Wang Qishan concluded the meeting of the Economic Track in the third U.S.-China Strategic & Economic Dialogue in Washington today. They were joined by a high-level delegation of Cabinet members, agency heads, and senior officials from both countries.

Speech at the China Development Forum, March 20, 2011, Beijing "China's Growth Path- New Directions and Trends" 

By Sri Mulyani Indrawati, Managing Director, The World Bank

AS DELIVERED

Honorable Ministers, Ladies and Gentlemen,

Thank you for inviting me to speak here today, to learn and to contribute to this prestigious Forum that has become a place for open and meaningful discussions between China and her friends all over the world. It is a privilege to be here.

By Chen Weihua, China Daily

SEATTLE, Washington - Mayors from both the United States and China shrugged off the ideological conflicts that have come to underscore bilateral trade between both nations and said on [April 19] they only care about the bottom line.

By Lan Fang

Believe it or not, in recent years the armada of factories on China's coast have to grapple with an undersupply of laborers for an extended period following the annual Spring Festival. "In a sense, the shortage of migrant workers is a wake up call to upgrade and transform our industries," remarked an official in the Employment Promotion Department, Ministry of Human Resources and Social Security (MHRSS).

Taxation on Domestic and Foreign-funded Enterprises Unified

No longer capital starved as it was in its emerging early years, China revokes tax privileges for foreign investors, confident that fair competition and a mature market is appealing enough.

By Jiao Feng, China Today

On Oct. 18, 2010, the State Council promulgated the Circular on Applying a Unified System for Urban Maintenance and Construction Tax and Education Surcharge to Both Domestic and Foreign-funded Enterprises and Chinese and Foreign Nationals. This is another important measure since China unified the corporate income tax for domestic and foreign-funded enterprises in 2008, and signals a total unification of taxation on domestic and foreign-funded enterprises.

WASHINGOTN, D.C. – Leadership Education for Asian Pacifics, Inc. (LEAP) unveils the findings of its newest leadership series report measuring Asian and Pacific Islander (API) inclusion on Fortune 500 boards.

Inflation_copy

By Gerard Lyons, China Daily

Opinion

Feb. 15 - A static watch gives the right time twice a day. But it is of no use for the rest of the time. This fact is worth keeping in mind when looking at China's economy this year. For much of the last decade some people have predicted imminent doom and gloom for China. But their predictions are like reading the time by a static watch.

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