Chinese economist calls for review of rigid crypto ban amid slow e-CNY adoption China over the years has ramped up its crackdown on all activities related to cryptocurrencies, citing financial …
Monthly Archives For January 2024
China Tax Bureau Says Online Crypto Sales Income Is Subject to Personal Income Tax
Implemented in 2019, China’s personal income tax law imposes progressive tax rates ranging from 3 percent to 45 percent on various sources of income such as wages, labor remuneration, royalties, and …
Nine officials held accountable for roller coaster collision that injured 28 in S. China’s Shenzhen
According to a statement issued by the Shenzhen Municipal People’s Government on Monday, nine public officials have been held accountable for a roller coaster collision that injured 28 people in South …
China accuses foreign consultant of spying for MI6
China’s top security agency has accused MI6 of recruiting a foreigner to carry out espionage on Chinese territory in the latest spy scandal to shake ties between the two nations.
Land ports in China’s Xizang see growing imports and exports
LHASA — The import and export value of four major land ports in Southwest China’s Xizang autonomous region totaled 4.56 billion yuan (about $642.2 million) from January to November 2023, a …
China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit
China Evergrande New Energy Vehicle said that Liu Yongzhuo was being held by authorities ‘on suspicion of illegal crimes.’ …
Apple iPhone sales in China fall 30% in first week of 2024 – Jefferies
Apple ‘s iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei (HWT.UL)…
China accuses MI6 of recruiting top foreign consultancy firm boss who used ‘specialist spying equipment’ to collect state secrets for Britain
The case by China highlights the ongoing heated exchanges the countries have traded over accusations of perceived spying that threatens their respective national securities.
China’s top anti-graft body to intensify scrutiny in finance, SOEs, healthcare, and more fields
The Central Commission for Discipline Inspection (CCDI) of the Communist Party of China (CPC) and the National Commission of Supervision (NCS), the country’s top anti-graft body, has pledged to …
Turkey’s Ziraat Bank secures $500 mln financing from China’s Eximbank
Turkish state lender Ziraat Bank said on Monday it had secured $500 million financing with the Export-Import Bank of China.
China says a foreign consultant was found to be spying for Britain’s MI6
China said Monday it had detained a foreign national who was the head of an overseas consulting firm for allegedly spying on behalf of the United Kingdom.
China intelligence agency says it has detained individual accused of collecting secrets for Britain
China says it has detained an individual accused of collecting state secrets on behalf of Britain’s foreign intelligence agency MI6.
China to sanction 5 US manufacturers over arms sales to Taiwan
China will sanction five US military manufacturers in response to the latest round of American arms sales to Taiwan, a Foreign Ministry spokesperson said on Sunday.
