China Scraps Import Duties on Anti-cancer Treatments
China’s Ministry of Finance has announced the cancellation of import duties on 28 pharmaceutical products, including anti-cancer…
Shanghai Banking Regulator Slaps 10 Lenders with 11.78mn Yuan in Fines
The Shanghai branch of China’s banking regulator has issued 13 fines to banking sector financial institutions in…
Increase the Role of Direct Financing to Combat Debt: Chinese Central Bank
An opinion piece published by the Chinese central bank’s official news publication has called for China to…
Bank of China Uses Blockchains for Most Hong Kong Property Appraisals
One of China’s big four banks is making extensive use of blockchain technology at its Hong Kong…
Chinese Politburo Outlines Key Economic Policy Themes
The Chinese politburo has set out the key themes for China’s economic policy settings moving ahead.
Top Tax Official Says Maximum Personal Income Tax Should Be 25%
One of China’s senior-most tax officials says that personal income taxes are too high, and that a…
Beijing Commits to Clearance of Zombie Enterprises, Excess Steel and Coal Capacity
China’s central government says that it will continue to drive reductions in excess steel and coal capacity…
China’s Voting Rights at World Bank Set to Rise After Capital Increase
China will become the World Bank’s third most influential member following the international financial institution’s latest capital…
Real Estate Loans Post Easing Growth in First Quarter: PBOC
The latest official data from the Chinese central bank indicates that real estate-related lending saw a modest…
SASAC Says It Welcomes Foreign Investment in State-owned Enterprises
The head of the State-owned Assets Supervisory and Regulatory Commission (SASAC) has said that it plans to…
