China’s Foreign Ministry on Monday said that China is ready to provide an open, inclusive, transparent and non-discriminatory environment for EU and other international businesses that trade and …
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Shanghai explainer on taxation of digital currency transaction drives speculation on potential easing of China’s crypto ban
Chinese economist calls for review of rigid crypto ban amid slow e-CNY adoption China over the years has ramped up its crackdown on all activities related to cryptocurrencies, citing financial …
China Tax Bureau Says Online Crypto Sales Income Is Subject to Personal Income Tax
Implemented in 2019, China’s personal income tax law imposes progressive tax rates ranging from 3 percent to 45 percent on various sources of income such as wages, labor remuneration, royalties, and …
Land ports in China’s Xizang see growing imports and exports
LHASA — The import and export value of four major land ports in Southwest China’s Xizang autonomous region totaled 4.56 billion yuan (about $642.2 million) from January to November 2023, a …
China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit
China Evergrande New Energy Vehicle said that Liu Yongzhuo was being held by authorities ‘on suspicion of illegal crimes.’ …
China to sanction 5 US manufacturers over arms sales to Taiwan
China will sanction five US military manufacturers in response to the latest round of American arms sales to Taiwan, a Foreign Ministry spokesperson said on Sunday.
Ex-chairman of China Everbright Group expelled from Communist Party
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Another former top business…
China’s manufacturing sector unleashes full potential
China’s manufacturing sector continues to unleash its growth potential, as many manufacturers rush to fulfill orders and drive innovation as the year kicks off, CCTV News reported on Monday. High-tech …
China’s high-standard opening-up boosts foreign investment, global prosperity
China’s Foreign Ministry said Thursday that in 2024, China will continue to expand high-standard opening-up, further ease market access, and share with the world new opportunities brought by the …
Asia thermal coal imports hit record, but supply keeps prices muted: Russell
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand.
Ticker: China sanctions 5 defense companies; Tesla recalls 1.6 million EVs exported to China
China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.
China Deal Slump Forces Wall Street Banks to Cast a Wider Net
Global investment banks in Asia are facing up to a new reality after two consecutive years of anemic deal flow from China.
UBS Plans Bigger China Onshore Wealth, Asset Management Business
UBS Group AG aims to grow its wealth and asset management business in China, despite the slowing economy and dearth of deals that’s weighed on some Wall Street and European lenders in the country.