According to the Ministry of Finance, stock trading stamp tax revenue went up 3.9 percent from a year ago to 206.9 billion yuan during this period. Data also showed that China’s fiscal revenue rose 3.
FINANCE
China puts another semiconductor fund executive under probe, Caixin reports
Investigation of Ren follows similar probes of other chip fund executives for ‘severe violations of laws and disciplines’ …
China raises holdings of Treasuries in July, Japan cuts holdings -Treasury data
China increased its holdings of Treasuries in July for the first time in eight months, while Japan reduced its U.S. government debt load, data from the U.S. Treasury department showed on Friday.
UPDATE 1-China raises holdings of Treasuries in July, Japan cuts holdings -Treasury data
China increased its holdings of Treasuries in July for the first time in eight months, while Japan reduced its U.S. government debt load, data from the U.S. Treasury department showed on Friday. China …
JPMorgan reduces credit to China’s Tsingshan and metal clients globally
JPMorgan Chase & Co has reduced lending to China’s Tsingshan, one of the world’s top nickel producers, while also paring back credit to other customers in Europe and Asia after a review of risk, …
China’s tax revenue shrinks in first 8 months thanks to tax cuts
China’s tax revenue narrowed in the first eight months of the year as the country has stepped up tax cuts to boost market vitality. The country’s tax revenue totaled some 11.32 trillion yuan (about $1…
China spends more on social security, employment in first 8 months
China has spent more money from its general public budget on improving people’s livelihoods and keeping the job market stable this year, according to official data released Friday. Expenditure on …
Two factors hampering green stock indices in China
Green lending and green bonds have flourished in China, and now green stocks are set to join them. But development of the sector will require both methodologies for producing sustainability indices an …
Invesco raises $5.4 bln in China investments in first half; flags economic risks
U.S. asset manager Invesco’s Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country’s persistent zero-COVID policy poses a threat to the …
Formaldehyde Markets in China: Demand to Increase by 5% Through 2031 – ResearchAndMarkets.com
China’s demand for Formaldehyde has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth …
China’s Jan-Aug revenue from govt land sales down 28.5% year/year
China’s government land sales revenue for January to August shrank 28.5 per cent from the same period last year to 3.37 trillion yuan ($480 billion), narrowing from the 31.7 per cent slump recorded as …
China Budget Deficit Keeps Widening Under Covid, Property Crisis
China’s broad fiscal deficit widened to a fresh record in the first eight months of the year as land sales continued to drop while efforts to contain Covid outbreaks added to the spending burden.
Funded by China, Sri Lanka’s Colombo Lotus Tower declared open for public
The Lotus Tower of Colombo which is funded by China and constructed under its Belt and Road Initiative BRI was declared open to the public on Thursday …
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