Forums > Living in Kunming > Getting a chinese driving license @Ilan G.
I would give an answer that is compatible with 'normal' use.
- want to buy a car
-driving to the shops, college, Dali, etc.
Perhaps they don't want people driving to the border to buy drugs. And the travelling across China could indeed be a problematic answer for many reasons.
Forums > Living in Kunming > Bank Loan for buying a house in Kunming Lots of people bend the rules, and this is normal business practice in China.
There are expats who have mortgages and own property as a result of rule bending. As long as the mortgage gets paid there is not a problem.
Most Chinese regulations and laws are written loosely and there is a lot of room for interpretation. That is why there is so much variation between different cities and different provinces.
An example of rule bending. You cannot buy property in Kunming unless you have paid tax here for 12 months. However you can go to an accountant who will provide 12 months of tax reciepts. The local government know about this, but don't care as you have provided paperwork.
Another example, you cannot own more than 1 property (non KMG Hukou holders) in Kunming, or two properties for locals. However, you can buy additional property in Anning, which is technically Kunming, but didn't used to be. If the regulations were applied strictly then this would not be permitted, however it is a recognised grey area that is exploited.
China lives in the grey areas.
Forums > Study > Looking for the reviser @Spring
Beware of dictionaries.
The words you were probably wanting to use were 'proofread' and 'advice on editing'.
Forums > Living in Kunming > Bank Loan for buying a house in Kunming Ref overseas banks. They are more tightly regulated than local banks and will be unable to bend the rules. And the rules for overseas banks are different, they are not allowed to do many things that Chinese banks can in this market.
Forums > Living in Kunming > Bank Loan for buying a house in Kunming @TICexpats
Then what is a Wholly Foreign Owned Enterprise (WFOE)?
Report: Yunnan bonds shaky
Posted byI checked and it was still available yesterday. Not sure of minimum period. But three months makes a nice change from the usual minimum of 12.
Report: Yunnan bonds shaky
Posted byYes this is a high tisk period, and yes there have been problems in the past, but I think the HuaXia bank scandal last year put the cat among the pigeons for wealth management schemes in China.
Because there are so few investment opportunities, combined with so few people willing to invest, and with recent regulatory changes the banks need to/have to move money in the markets. This has opened up some more attractive products at the moment.
We have just been offered 5.5% projected annual growth for a wealth management product, and get this, the principle is protected (you cannot lose your original investment). You can invest for limited periods too. We invested for 3 months, as we have some spare cash for that period. I think you can invest for as little as one month.
NB This is not a recommendation for people to go out and invest, it is just a bit of information on another related trend in the market at the moment.
Volunteers needed to help Lufeng schools
Posted byI can't help feeling the participation/contributions to the event would have been higher with a different title to the article. I am cynical, TIC afterall.
Yunnan raises minimum wage
Posted byDon't hit the guy in front.
Don't hit government vehicles.
Yunnan raises minimum wage
Posted byStop on red IF there is a traffic cop standing there.