China archive
Last 30 daysEvery China edition still online, newest first. Editions older than 30 days are retired from the site and kept in the local archive.
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Edition 005Sunday, 18 October 2026Pattern break
China's 0.25% scrap-seller tax is a prepayment that stops matching at ¥1,800,000.
The 0.25% and 0.5% reverse-invoicing prepayment rates in 国家税务总局公告2026年第12号 第一条 are the 经营所得 table's 5% and 10% brackets scaled by a 5% 应税所得率, and they replicate the real liability exactly up to ¥1,800,000 of annual sales and no further — so at 公告2024年第5号's ¥5,000,000 personal ceiling ¥23,500 is prepaid against ¥39,500 owed, and the binding constraint on the route is a 9.8564% gross margin, not capital.
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Edition 004Sunday, 11 October 2026Pattern break
The only zero-tax structure in PRC law is the one that forbids adding value.
增值税法 第二十四条 and 财税〔2004〕30号 第一条 give a grower of their own produce zero VAT and zero income tax with no ceiling of any kind, and 电子商务法 第十条 exempts them from business registration — but 雪榕生物 (300511) sold 401,485.64 tonnes in 2025 under the same exemption for a 1.4990% net margin, so at the ¥4.36/kg national wholesale average the exemption has already been competed into the buyer's price, and only direct sale keeps it. Processing is the act that forfeits it.
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Edition 002Sunday, 4 October 2026Pattern break
Shanghai's bankruptcy auctions have no price floor, and three registered trademarks opened at ¥1,920.
Shanghai's bankruptcy auctions are exempt from the 70% price floor and the 20% per-round cap that bind enforcement auctions on the same platforms (沪高法〔2021〕222号 第二十二条) — 上海市第三中级人民法院's 嘉辀电子 estate opened three registered trademarks at ¥1,920, and the binding constraint on the ladder is turns per month, not capital.
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Edition 001Sunday, 27 September 2026Pattern break
Shanghai's own rule for its government marketplace forbids anyone from charging a supplier to be listed on it — and PRC procurement law names 自然人, a natural person, as a valid supplier.
Shanghai bans any charge for listing on its government marketplace (沪财发〔2025〕2号 第四条) and PRC law makes a natural person a lawful supplier — entry costs ¥0, payment is 10 working days, and choosing 个体工商户 over 有限责任公司 saves ¥90,800 of billing a year at $5,000/month net.
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