The China Ministry of Finance (MOF) and State Administration of Taxation (SAT) issued a circular (Caishui  No. 37, (“Circular 37”)) on May 24, 2013, announcing the expansion of the Value-Added Tax (VAT) Reform Pilot on a nationwide basis. Certain revisions to the pilot regulations in this nationwide application of the VAT program will result in a 6% VAT charge assessed on transportation charges and freight forwarding services billed and paid in China.
The Wall Street Journal
Hong Kong port workers accepted on Monday a 9.8% pay rise—ending their strike and averting further disruption at the world’s third-busiest container port.
South China Morning Post
Matthew Cheung calls their first sit-down constructive, but union is less impressed
Secretary for Labour and Welfare Matthew Cheung Kin-chung met dockers for the first time yesterday in an apparent attempt to put an end to their 26-day strike.
Hundreds of port workers at Li Ka-shing’s Hong Kong terminals surrounded his Cheung Kong Center headquarters in the city’s business district after rejecting pay rise aimed at ending a three-week strike.
Marchers call for talks over docks face-off
More than 4,000 protesters, including Hongkong International Terminals contracted workers, marched on the Central Government Offices calling on the government to negotiate an end to the 11-day docks strike. The protest came yesterday as Confederation of Trade Unions leader Lee Cheuk-yan urged Chief Executive Leung Chun-ying to press the port operator to negotiate with workers.