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Wednesday, November 25, 2020
Tags Tax cuts

Tag: Tax cuts

Next Round of Chinese Tax Cuts Will Focus on Hi-Tech Manufacturing

China's state-owned media has indicated that the next round of tax reductions will focus on the further replacement of business taxes with value-added taxes,...

Trump Tax Cuts Will Spur Capital Outflows, Pressure Renminbi: Shenwan Hongyuan

Li Huiyong (李慧勇), chief macro-economist of Shenwan Hongyuan Securities, says that the Trump administration's recently approved corporate tax cuts could have broad-ranging impacts upon...

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China Leads World in Cross-border Data Flows with 23% Global Share

China has emerged as the world's firm leader when it comes to cross-border data flows as its digital and online economies continues...

Competitiveness of Banks Will Lie in “Data + Algorithms” in Future: Agricultural Bank of China

A senior official from one of China's big six state-owned banks has highlighted the critical role that fintech will play in shoring...

Chinese Banks Are “Quenching Their Thirst with Poison” by Selling Depository Products via Online Finance Platforms: PBOC Official

Chinese regulators have turned their attention to the use of online lending platforms by smaller banks to draw funds from retail customers...

Digital Renminbi Will Reshape Banking and Payments Sectors, Enhance Monetary Policy and Economic Adjustments: Chinese Think Tank Experts

Experts from the Chinese Academy of Social Sciences (CASS) and the National Institution for Finance & Development (NIFD) see the digital renminbi...