Offshore bank accounts in China

| July 17th, 2014

Offshore bank accounts in China provide you with a number of different benefits. Nowadays, more and more people are beginning to realize that opening offshore bank accounts in China is becoming a more and more viable option. People are becoming more aware of how the government siphons their money off from their bank accounts. Don’t pay your money, and the government will take it from you! And now, the new generation has become more receptive to this problem. That is […]Read more…

“Residents only pay 111 RMB/month for housing” Says China Statistics Bureau

| May 5th, 2011

From 21st Century Economic Report via Yahoo

Statistics Bureau said Chinese monthly expenditure of residential housing is 111 Yuan, which caused controversy

Key information: the result issued by China Statistics Bureau recently shows that the average monthly expenditure of one citizen is 1,123 Yuan, among which housing expenditure only costs 111 yuan, lower than expenses of food, transportation, communication, education, entertainment and clothing.

Is 3,000 personal income tax exemptions too high or too low?

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