business

www.chinalawblog.com — If you are going to have someone work for you in China, you should hire them as an employee of an existing China company, such as a WFOE. China pretty much does not have independent contractors and so someone who works for you is probably your employee and you want that relationship to be legal.

www.latimes.com — Images of Greek demonstrators rioting over austerity measures and Occupy Wall Street protesters scuffling with police in the U.S. appear to be worrying China's communist leaders.

One of China's most senior officials has acknowledged that the souring global economy has the government on edge.

www.shanghaidaily.com — On Monday, Taobao announced it was to increase its annual service fee to 30,000 yuan (US$4,718) or 60,000 yuan from January, depending on the type of product sold. Previously the fee was just 6,000 yuan.

"We won't be able to pay the service fee because as a start-up, our profit is too slim to support our operation," said one vendor called "Yang1981" who started his business just last year.

www.businessinsider.com — hina is now home to some of the biggest brands in the world -- some of which you may have never even heard of -- and they're still growing at an incredible pace.
The average top 100 brand has increased 27% in value from last year, and there are now nine Chinese brands that are worth upwards of $10 billion, according to the Hurun Research Institute's annual report.
Read to see the List.

www.theglobeandmail.com — Shuffling down a Shanghai street, he is as inconspicuous as any laowai (foreigner) might hope to be. Fair-skinned, balding, bespectacled and slightly paunchy, he wears an unremarkable dark suit and carries a weathered, brown, leather satchel. It's what's inside the bag that's extraordinary.