China is set to implement major reforms to its tax system, focusing on allowing local governments to retain more fiscal revenues. The changes aim to address a $13 trillion local government debt, …
FINANCE
China says information requested by EU electric vehicle probe ‘unprecedented’
The types, scope and quantity of information requested by the European Union for the investigation into Chinese new energy vehicles were “unprecedented”, China’s commerce ministry said on Thursday.
China’s top financial industry officials say Beijing will press on with reforms
Leading industry executives say reforms are the only way to attract foreign investors participate and achieve China’s goal of becoming a financial powerhouse.
Chinese media in race to tap tech, AI amid financial crunch and fact-check push
New technology a ‘double-edged sword’ that can drive innovation but also spur misinformation, executives say at industry forum China’s media industry is racing to embrace new technology for …
Financial reforms in focus at forum
Continued efforts will be made to advance China’s high-standard financial opening-up and improve the financial sector’s support for the real economy, especially new quality productive forces, the …
Financial reforms in focus at forum
Continued efforts will be made to advance China’s high-standard financial opening-up and improve the financial sector’s support for the real economy, especially new quality productive forces, the …
China Leaves Benchmark Rates Steady as PBOC Walks Tight Rope
The steady monthly LPR fixings underscore that Beijing’s monetary easing efforts continued to be limited by narrowing interest rate margins and a weakening currency, despite a flurry of recent data …
China Leaves Benchmark Rates Steady as PBOC Walks Tight Rope
The steady monthly LPR fixings underscore that Beijing’s monetary easing efforts continued to be limited by narrowing interest rate margins and a weakening currency, despite a flurry of recent data …
Hong Kong capital market will help unlock China’s innovation ambitions, HKEX boss says
Hong Kong’s market will continue to evolve to support emerging enterprises’ capital needs, Bonnie Chan says at Lujiazui Forum.
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.
China plans reforms to boost appeal of Shanghai’s Nasdaq-style Star Market: CSRC
CSRC head unveils plans to reform Shanghai’s Nasdaq-style tech board as the annual Lujiazui forum gets under way.
America’s Voice in Taiwan Has Some Parting Advice About China
Near the end of three years as the United States’ chief representative in Taiwan, Sandra Oudkirk has some parting advice: Avoid panic about China’s combative language and moves, but don’t grow numb to the risks.
China needs consumption surge for full-blown economic recovery, researcher says
Zheng Xinli, a former researcher with China’s Communist Party, has advocated for robust incentives to spur consumption and buoy the country’s service sector, part of a plan to build up new economic …
