CHINA faces a $4 trillion “ticking debt bomb” as the world’s second-largest economy struggles with a property market crisis.
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China’s property bubble just got pricked — this could mean trouble for the stock market
Technology is a volatile sector, but it’s also at the top of the list when it comes to growth — something your portfolio needs when trying to battle against stagflation. The Great Crash that began…
As Wall Street stays bullish on China, the challenge is selling it to US middle and working class
With bilateral economic ties sidelined by geopolitical and ideological rivalry, China needs to win over not just businesses but American hearts and minds as well.
SoftBank Ventures Asia signals greater focus on Chinese tech start-ups with new Beijing unit
SoftBank Ventures Asia has formed a new subsidiary in China this month, signalling a bigger commitment towards its early-stage venture investing in the country since launching a dedicated US$285 …
China’s central bank to issue commemorative coins for Beijing 2022 Winter Olympics
China’s central bank will issue 12 commemorative coins starting Oct. 26 for the Beijing 2022 Olympic Winter Games. The coins, all legal tender, include a set of 10 coins — four gold and six silver…
China Says Must Consider Supply Chain, Food and Energy Security When Curbing Emissions
China’s cabinet on Sunday outlined measures to achieve a transition to a low carbon economy but said the supply chain, food and energy security must be considered amid its efforts to cut pollution and …
Chinese developers’ overseas spending spree dries up as Beijing tightens screws to restore order at home
Chinese developers’ overseas investments fell to US$1.9 billion this year versus a record high of US$17.5 billion in 2017, according to Real Capital Analytics.
Hong Kong banks to disclose related property of clients who breach security law
Banks in Hong Kong are advised to disclose related property of clients who are found in breach of the city’s national security law, according to the latest guidelines from its banking association. The …
China’s fiscal revenue up 16.3 per cent in first nine months
China’s fiscal revenue logged a year-on-year increase of 16.3 per cent in the first nine months of the year, official data showed Friday. The country’s fiscal revenue amounted to 16.4 trillion yuan …
China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity
The Chinese government had tossed about the idea of taxing property owners for years to rein in runaway prices, redistribute wealth and bolster state coffers with much-needed revenue.
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’s Journey Into The Unknown
Xi’s is championing a new campaign to promote “common prosperity.” …
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