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HONG Kong is the most expensive location for global office occupiers while Beijing's Jianguomen (No. 4) and Beijing's Finance Street (No. 6) also rank among the world's most expensive office markets, according to a survey by the world's largest real estate services provider.

Hong Kong's central business district had an overall occupancy cost of US$246.83 per square foot per year (US$2,657 per
As a controversy about the "Made in China" uniforms for members of the US Olympic team continued to erupt, one US track and field Olympian expressed his thanks to China.

In a tweet, Nick Symmonds, who will compete in the 800-meter run at the London Olympic Games, wrote: "Our Ralph Lauren outfits for the Olympic opening ceremonies were made in China. So, um, thanks China."

The uniforms for t
CHINA will support more animation TV programs and film production, new-media cartoon and game development and will establish five to 10 leading animation firms under a plan for the industry over the period through 2015.
China's ongoing efforts at cracking down on intellectual property rights violation are paying dividends, according to the Ministry of Commerce, after it revealed that the number of cases had dropped in the first five months of the year.
SHANGHAI is soon to release details of a new rule to encourage multinational companies to set up their regional headquarters in the city, Vice Mayor Ai Baojun said yesterday.

The rule will focus on improving the investment environment by making it more convenient for investors, and on lowering costs by providing rewards for newly established headquarters and those MNCs who upgrade their existi
A COMPANY based in Jiangsu Province is suing Apple Inc, claiming that the latter's Snow Leopard operating system has the same Chinese name as its registered trademark.

The Jiangsu Xuebao Consumer Goods Company is seeking 500,000 yuan (US$78,759) compensation and a public apology. Tong Yu, the company's chairman, said he registered 42 Xuebao trademarks under different categories since 1994. Xue
China's top legislature on Saturday passed a new exit and entry law that stipulates harsher punishments for foreigners who illegally enter, live or work in the country.

After three readings since December last year, the draft law was adopted at the five-day bimonthly session of the National People's Congress (NPC) Standing Committee that closes Saturday.

The law, which was ruminated nine ye
CHINA'S national legislature adopted a new law yesterday that will target foreigners living and working in China illegally, the official Xinhua News Agency said, adding that the government encourages citizens to inform on suspected illegal workers.

The law approved by the National People's Congress Standing Committee now requires foreigners to obtain valid documents to work in China, Xinhua sa




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