The top decision-making body of the Chinese parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported. The State Council, or …
Monthly Archives For October 2021
Analyst: China’s strong control over pandemic brought stamina to country’s exports and economy
China’s currency and cross-border capital flows remain stable. Data from the State Administration of Foreign Exchange on Friday shows that banks in China settled nearly 1.86 trillion U.S. dollars and …
Beijing’s new COVID-19 cases linked to flare-up in NW China
The Chinese mainland has reported 50 new COVID-19 infections, including 38 local cases. Of the local infections, northwest China’s Gansu Province logged 17 and neighboring Inner Mongolia Autonomous …
Russia and China hold first joint patrol in the western Pacific, Russian defense ministry says
Russian and Chinese warships have conducted the first ever joint patrol in the western part of the Pacific Ocean, the Russian defense ministry said in a statement on Saturday.
‘We will not stop’, activists urge Beijing Olympics boycott over human rights concerns
Human rights activists on Monday (October 19) urged governments and athletes world-wide to boycott the 2022 Winter Olympics in China as Athens prepared to hand over the Olympic flame to Beijing in a …
Makeshift theater in Beijing offers screenings for blind audiences
In Beijing, a rare kind of movie theater offers a unique experience to the visually impaired, usually left out by the entertainment sector. Moviegoers say the cinema allows the visually impaired to …
Russia, China hold first joint patrols in Pacific
Posted . Russian and Chinese warships held their first joint patrols in the Western part of the Pacific ocean on Oct …
China to pilot property tax scheme in some regions: State media
Analysts expect a wider pilot to first include wealthier regions in eastern and southern China. . Read more at straitstimes.com.
China’s fiscal revenue up 16.3% in first 9 months
China’s fiscal revenue rose 16.3% in the first nine months of 2021, state-owned news outlet Xinhua reported late Friday. The country’s fiscal revenue amounted to 16.4 trillion yuan ($2.56 trillion) …
China to draft measures to pilot property tax
BEIJING – China’s Ministry of Finance and the State Taxation Administration will draft the measures for piloting the property tax and make preparations for the work as per procedure in accordance with …
China is Cracking Down on Cryptocurrency and Other Countries are Taking Note
Governments worldwide have a common concern that privately operated, highly volatile digital currencies threaten their financial and monetary systems.
The rapidly changing investor calculus on China’s tech giants
As wave after wave of regulatory crackdowns have dominated China tech news in 2021, one can be excused for losing track of what is being regulated, who is doing the regulating, and what exactly the…
COVID-19: Beijing, several provinces of China continue to report spike in new cases
The spike has prompted health officials in Beijing and other provinces to step up measures like testing, isolation of communities, cancelling hotel bookings, and the use of sanitisers and masks.