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		Insurance Australia Group (IAG), the largest car and home insurer in Australia, has signed a memorandum of understanding (MOU) to buy 24.9 per cent of China Pacific Property Insurance Company (CPIC Property).[newsphoto] Income-tax threshold raised for foreigners Foreigners working in China have to pay personal income tax only if their monthly pay is above 4,800 yuan (US$592), up from the previous threshold of 4,000 yuan (US$493), Xinhua reported yesterday. ¡¤China's IC market leaps to top for 1st time ¡¤Nation's tech import contracts up in 2005 ¡¤Moderate growth forecast for auto sales ¡¤Phone subscribers to reach 820m in 2006 ¡¤Nation may introduce antimonopoly law ¡¤China's economy to grow around 9% in 2006 ¡¤IPO funds in 2006 seen at US$25.64b ¡¤Air traffic growth expected to slow -Small enterprise show -Liaison officers¡¯ conference -Biz expo -Samsung show -New Ferrari store opens in Shanghai -Foreign banks allowed to trade forwards -China issues new bank notes -Official says oil sector well balanced pBusiness-ËѺüÓ¢Óï Www Dealtimeauto Lt Javascript:window Open('do Add It ' EncodeURIComponent(document Title Substring(0 76)) ' Iu ' EncodeURIComponent(location Href) ' Fr Ien Deal Time Autoc g g Time n Time Auto Deal kBusiness-ËѺüÓ¢Óï Www Dealtimeauto Lt Javascript:window Open('do Add It ' EncodeURIComponent(document Title Substring(0 76)) ' Iu ' EncodeURIComponent(location Href) ' Fr Ien Deal Time Autou Time