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Capital Iron & Steel has been rocked by scandal and poor performance, yet it remains at the forefront of China’s enterprise reform programme.

New regulations were introduced in August which give greater scope for the growing number of holding companies established in the Mainland.

Luxury villas in Beijing have become much more affordable for the foreign community since the onset of the Asian financial crisis two years ago.

The valuation process in China is still developing, yet much remains to be done to improve procedures, explains Paul Brown of Sallmanns.

A practical guide to looking after your financial affairs in China, from opening a bank account to using credit cards and changing currency.