China’s finance ministry said on Friday it has increased the research and development (R&D) tax allowance for some small and mid-sized tech firms this year. From January 1, eligible small tech firms …
FINANCE
China critic Murdoch borrows US$100m from state-owned Bank of China
Despite his media operations slamming Xi Jinping’s regime, the Murdochs accepted a megamillion-dollar loan from the government-run bank.
Xinhua Silk Road: China’s Chongqing FTZ, magnet for foreign investment amid opening-up
Pilot Free Trade Zone (Chongqing FTZ) in southwest China’s Chongqing Municipality has seen practical and innovative achievements of opening-up, according to Li Xunfu, an official with Chongqing …
Citigroup Sees Nearly 1-Point Cut to China’s Quarterly GDP
A prolonged omicron wave in China could cut economic growth in the second quarter, and future outbreaks pose risks to growth in the rest of the year, according to Citigroup Inc.
India tries to pry Sri Lanka loose from China’s embrace
India is trying to outdo China in its alacrity to provide financial help to Sri Lanka, which is running dangerously low on foreign reserves to service its debt.
Global green finance rises over 100-fold in decade – study
Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the past decade, a new study from the TheCityUK and BNP Paribas showed.
China Banking Corporation: Notice of Annual Stockholders’ Meeting (2nd Publication)
China Banking Corporation (China Bank) will hold its (virtual) annual stockholders’ meeting on May 5, 2022 at 4 p.m. For details, please go to ADVT …
US not looking for new deal in China negotiations: trade chief
The United States is not looking for a new deal in its negotiations with China over trading practices but rather to address practices by Beijing that it finds objectionable, Washington’s trade chief …
China has lifted 800 million out of poverty in 40 years
China has lifted nearly 800 million people out of poverty over the past 40 years as per the World Bank’s global absolute poverty standard of $1.90 per person per day, said a joint report issued…
China tech crackdown: No more tax-free riches for live-streaming stars as Beijing tightens oversight
China’s newly published live-streaming regulations are set to put an end to live streamers’ dreams of tax-free riches, according to legal analysts. Under new rules jointly issued by the Cyberspace …
Eighteen Countries’ Diplomats to China visits QI-ANXIN — the Company Fully Opens the International Market
Twenty diplomats of 18 countries visited QI-ANXIN on the morning of March 30. The diplomatic delegation had in-depth exchanges and discussions with Chairman Qi Xiangdong and President Wu Yunkun of …
China Pharma Holdings, Inc. Reports Fiscal Year 2021 Financial Results
China Pharma Holdings, Inc. (NYSE American: CPHI) (“China Pharma,” the “Company” or “We”), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in …
China still focused on its zero-Covid strategy
China’s central bank failed to lower interest rates after strong economic data in the first two months of the year. We keep our call for a targeted …
