Beijing says it has already cut taxes and will continue to do so in 2017 – but the country’s entrepreneurs are asking the government to do more. Premier Li Keqiang said in his annual government…
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Human rights, cyber security to be part of Canada-China free trade consultations
OTTAWA – The federal government wants Canadians to air their concerns about China’s human rights record as part of broad consultations on a possible free trade deal. Business leaders are also being asked to weigh…
Chinese inquiries in Toronto, Montreal, Calgary real estate spiked with Vancouver tax
Inquiries from China for property in several big Canadian markets spiked in the months after Vancouver introduced its tax for foreign buyers, according to a report based on data from a top Chinese foreign property…
FTC Commissioner: U.S. Must ‘Stand Up’ to China Over Intellectual Property Theft
NATIONAL HARBOR, Md. – Acting Federal Trade Commission Chairman Maureen K. Ohlhausen said U.S. companies are “concerned” about investing in China due to their poor treatment of intellectual property rights. “We’re not an international trade…
China’s city land sales surge 73 per cent despite cooling measures
China’s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty…
China Overseas Land & Investment : COLI February contracted property sales up 48.4%
and the corresponding gross floor area (GFA) sold was about 1.01 million square metres, an increase of 48.4% and 49.7% from a year earlier. For the first two months of 2017, the accumulated contracted property…
Keeping property market cool remains key
China’s property market showed restraint after growing strongly last year. Accelerating home sales and rising property prices triggered fears of an asset bubble forming. As a result, cooling measures were implemented in October, characterized by…
41% of Chinese buyers say they want Toronto real estate for schooling: study
“I really think a lot of perception that people have around foreign buyers and specifically buyers from mainland China are informed by more anecdotal information and not statistics,” he said. The data also indicated that…
Chinese home buyers turn attention away from Vancouver
Inquiries for Vancouver properties on Juwai – China’s largest international-property website – fell 81 per cent in July compared to the same month a year earlier, and 78 per cent in August, and continued lower…
China Outlines Slower Growth and Talks Tough on Independence
Attempts to cool overheated property markets in China’s biggest cities, as well as a push to reform the country’s bloated state-owned enterprises, will push the mainland’s growth down a notch this year. That’s one of…
China’s Latest Industrial Policy Is a Waste and a Challenge, Business Group Says
China’s latest plan to dominate advanced manufacturing marshals billions of dollars in subsidies, investment and other government support that a foreign group says distort the market and may end up wasting a huge amount of…
Pomp and Pride at People’s Congress in Beijing
BEIJING — Big political gatherings are intended to inspire a combination of awe and national pride, and the annual full sessions of the National People’s Congress in Beijing are no exception. Guards wear their best…
China vows to strictly control local government debt quotas
Government debt risks are generally under control, Xiao told a news conference on the sidelines of the session. “I believe (measures taken) will be able to reasonably control outstanding local government debt and contain debt…
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