Friday, April 23, 2021
Tags Tax

Tag: Tax

Personal Income Tax Threshold Expected to Rise to 5000 Yuan

Observers say China's personal income tax threshold is likely to rise to 5000 yuan (approx.  USD$781.90) from 3500 yuan at present, following the mooting...

Chinese State Media Warns of Trump Tax Cut’s Implications for Global Economy

The state-owned Xinhua News Agency warns that the Trump tax cut could have adverse impacts upon the global economic environment. US President Donald Trump's recently...

“Real Estate Set to Remain Key Driver of Chinese Economy”

A seminal figure in the development of China's real estate sector says it will remain the key driver of the national economy for at...

Central Bank Says Property Market Creating Major Risk for Financial Sector

One of the central bank's senior-most officials says that China's property market has become an acute source of risk for the financial system, and...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...