Tax & Accounting
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Don't Use the Toothpaste
On the heels of the pet food scandal, a toothpaste crisis has begun.A few weeks ago pets in the US started dying. Authorities linked it back to a supplier in China, and the government here has made an effort to come down hard on the maker.
Should you get paid in RMB?
For years the gold standard for foreigners working in China was getting paid in foreign currency.With a widely undervalued RMB, people wanted to earn dollars or pounds and spend the money locally.