China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up support for the slowing …
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China cuts income tax for some small firms to 20per cent – finance ministry
China will cut income tax for some small firms to 20per cent from 25per cent, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing…
Biden to warn Xi that China will pay a price if it supports Russia’s war in Ukraine
US President Joe Biden is expected to tell Chinese President Xi Jinping on Friday that Beijing will pay a price if it supports Russia’s military operations in Ukraine, a warning that comes at a time…
COLUMN-China may balk at unnerved reserves seeking yuan :Mike Dolan
China’s yuan is in no great position yet to absorb a sizeable chunk of global central bank reserves if other central banks were to be unnerved by the freezing of Russia’s overseas assets. And many…
ANZ appoints Raciti to lead China franchise
Chris Raciti has been named ANZ’s country head for China, subject to regulatory approval, the bank said on Thursday. A 20-year ANZ veteran, Raciti is currently the bank’s Korea country head, and will …
China considers Tencent payments overhaul, new license requirement – Bloomberg News
China is considering requiring Tencent Holdings Ltd to include WeChat Pay in a newly created financial holding company as part of an overhaul that may require a new license for the mobile payments …
China Weighs Tencent Payments Overhaul, New License Requirement
Chinese authorities are considering requiring Tencent Holdings Ltd. to include WeChat Pay in a newly created financial holding company, part of an overhaul that may necessitate a new license for the …
China to increase scrutiny of statistical data to curb fraud
China will step up scrutiny of the country’s statistics agency and tackle the “outstanding problems” of data fraud and falsification, the Communist Party’s anti-corruption inspection unit said on …
What Will Russia’s Invasion of Ukraine Mean for China’s Belt and Road?
Exploring the geoeconomic implications for the BRI and other Eurasian economic and infrastructure initiatives.
China Stock Rally Fizzles in U.S. After Historic Two-Day Surge
The frenzied rally in U.S.-listed Chinese stocks is starting to cool off as investors debate whether Beijing’s pledge to stabilize financial markets can turn into concrete policies.Most Read from …
China sends clear-cut signals to bolster economic growth
The shot in the arm came from a State Council meeting held Wednesday, which urged concrete actions to bolster the economy in the first quarter, noting that monetary policy should take the initiative …
U.S. Futures Slip; China Rally Cools, Crude Higher: Markets Wrap
Stocks in the Asia-Pacific made a cautious start Friday after a furious rally in U.S.-listed Chinese shares fizzled and oil vaulted back above $100 a barrel on mixed signals from peace talks between …
The Fed and China go to war against different foes
Now that’s a truly great divergence. The world’s two economic superpowers dispensed with any significant nuance or qualification regarding their policy course. The US central bank declared war on …
