China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. [File photo/Xinhua] China’s State Council on Wednesday decided to further reduce and standardize…
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China to further reduce business charges to lessen corporate burden
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. The move is a key part of the drive to streamline administration and…
China's service trade deficit growth slows in 2016
BEIJING – China’s service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at $242 billion at the end of 2016, up 33 percent year on…
Open Sesame: China Announces Further Opening of the Economy
Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region.…
China's changing debt risks drive up bond futures volumes
SHANGHAI: Trading volumes in China’s typically sleepy bond futures market have exploded in recent months as investors seek to hedge the growing risks of rising interest rates and a volatile debt sector. Turnover of five-…
Germany's SAP sees opportunities for SME business
[Photo/VCG] German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016. SAP’s…
The Biggest IPOs To Look Out For In China, Hong Kong This Year
Investors are preparing for one of the hottest IPOs in years—Snap’s $25 billion listing in New York. They should also keep on eye on some big debuts in Hong Kong and mainland China, the world’s…
Australia, China vow to deepen ties on trade
SYDNEY, Australia — Australia and China pledged Tuesday to deepen their ties on everything from trade to tourism, a show of unity that comes at a delicate time in Australia’s relationship with China’s chief rival…
DEUTSCHE BANK: Trump could name China a 'currency manipulator' in the coming weeks
Zhou Xiaochuan, Governor of the People’s Bank of China. Jacky Naegelen/Reuters Although US President Donald Trump did not label China a “currency manipulator” on his first day in office as he said he would, a…
China may be preparing for a crippling preemptive missile strike on US military bases
3, 2015. Andy Wong/Reuters A new report by Thomas Shutgart on War On The Rocks details the disturbing level to which China appears to have planned out a crippling missile attack on US military bases…
US & China on brink of trade war, warns Goldman Sachs
Last month China’s state-run Global Times newspaper warned that US business could be targeted for retaliation in any trade war ushered in by President Trump. It said that as the United States has the stronger…
China's Foreign Reserves Fall to 6-Year Low After Outflows
China’s foreign exchange reserves have fallen to a six-year low following outflows of capital that prompted Beijing to tighten controls on outbound investment. Reserves declined by about $13 billion in January to $2.99 trillion but…
China Shares Fall on Tightening Concerns
China stocks pulled back on Tuesday morning on fresh signs the government was extending steps to defuse potential credit bubbles in the broader economy, reinforcing its recent tightening moves that have helped curb risk appetite.…
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