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 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…
Will Sino-US Trade Frictions Capsize China’s Technological Growth?
Experts in China are confident that the country’s technological development won’t be undermined by escalating trade tensions…
China’s Banking Regulator Says Heavy Penalties Are Deterring Risky Behaviour
The China Banking and Insurance Regulatory Commission hopes to curb systemic financial risk by using heavy penalties…
Internet Control Essential to National Security: Xi Jinping
Chinese President Xi Jinping says that tighter control of the Internet is imperative for maintaining national stability…
Will Chinese Depository Receipts Lure Tech Giants Back to Domestic Bourses?
China’s financial regulators are making haste to launch a new class of securities that will enable domestic…
PBOC Governor Says China’s Financial Risk “Broadly Contained”
The head of the Chinese central bank says that risk in the financial sector has been “broadly…
