China's tax receipts grew 33% in the first quarter of 2008, led by strong gains in imports, securities trading and automobile taxes.

REITs in China?  A report suggests that the Chinese government may be looking at enacting legislation to allow for the creation of REITs having spent a great amount of time and effort researching the investment instruments. Given the government's strong desire to cool the property market, we can't imagine this happening anytime soon.
 
Microsoft Windows + BMW = Huatai's new luxury SUV.  We'll leave it to China Law Blog and IP Dragon to figure out if there is any way at all this can withstand a legal challenge and sit back and admire the guy or gal who had the chutzpah to come up with (and sell) a campaign promoting their client's new SUV by leveraging artfully combining ripping off two of the most recognizable trademarks anywhere on this small planet of ours. Nice work.

Silicon Hutong's David Wolf takes a look at why Krispy Kreme doesn't really care about China.

Gregory M. Sy of Grandall Legal Group provides a good introduction to employment law in China.

The US-China Business Council (USCBC) explains why (pdf) shifting trade patterns within East Asia explain a large part of the US trade deficit with China. Also check out the council's recent report on US exports to China, state-by-state. 

Finally, check out that Huatai logo one more time. Gets me every time.