The concept of two pillars has gathered momentum worldwide. China may get more tax revenues from the first reform, and the second will have minimal impact. Global tax reform will also have a …
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New Chair of 205-Year-Old Swire Looks to China for Future Growth
As chairman of Swire Pacific Ltd., Merlin Swire steered the 205-year-old Hong Kong business empire through some of its worst crises in recent times, including the pandemic that almost sank its …
China hints at providing financial aid to Taliban controlled Afghanistan
In his media briefing on Monday, Chinese Foreign Ministry spokesman Wang Wenbin hit out at the US saying it is “main perpetrator” for the Afghan crisis and Washington cannot leave without doing …
China’s growth, oil demand is reverting back to pre-COVID times: Vandana Insights CEO
Vandana Hari, Vandana Insights Founder & CEO, joins Yahoo Finance Live to discuss why an oil prices have recently rebounded amid the pandemic as well as weigh in on the outlook for China’s economic …
China Ramps Up Supervision of Accountants to Check Financial Fraud
The Chinese government has brought out new rules to stiffen oversight of accounting firms in a bid to curb financial fraud in the industry. The document the State Council, or cabinet, issued today was …
CNFinance Announces Second Quarter and First Half of 2021 Unaudited Financial Results
CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”), a leading home equity loan service provider in China, today announced its unaudited financial results for the second quarter …
Fitch Revises China Huarong’s Rating Watch to Positive, From Watch Negative
Fitch Ratings has revised the Rating Watch on China Huarong Asset Management Co., Ltd.’s ‘BBB’ Long-Term Issuer Default Ratings (IDR) and the notes issued under its subsidiaries – Huarong Finance II …
China Muscles In on Middle East Renewables with Alcazar Deal
China is making one of its biggest pushes yet into Middle Eastern renewable energy.A group led by state power firm China Three Gorges Corp. is buying Alcazar Energy Partners, a Dubai-based wind and …
Investors ‘Sell’ Chinese Tech Stocks as Beijing Continues Crackdown
The Chinese Communist Party’s crackdown on the country’s tech companies has wiped out a trillion dollars from global stock markets. And as Beijing continues …
China strengthens supervision of accounting firms in fight against forgery
China said on Monday it will tighten scrutiny over accounting firms in a fight against financial forgery, vowing “zero tolerance” toward misconduct. The guidelines, published by China’s State Council, …
China orders Communist Party members to resolve conflicts of interest as top Hangzhou official probed
SHANGHAI (Reuters) -Members of China’s ruling Communist Party in the technology hub city of Hangzhou have been ordered to resolve any potential business-related conflicts of interest involving …
China Starts Probe Into Party Boss of Alibaba’s Home City
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China attracts $1.3 billion in fintech investment in best result since H2’19, finds KPMG analysis
Fintech investment in China increased from $900 million in H2’20 to over $1.3 billion in H1’21, achieving the best result since H2’19, according to KPMG’s Pulse of Fintech, a bi-annual report on …
