China’s fiscal revenue logged a year-on-year increase of 16.3 per cent in the first nine months of the year, official data showed Friday. The country’s fiscal revenue amounted to 16.4 trillion yuan …
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China will set up a property tax pilot plan, taking small steps after years of dithering to tame home prices for common prosperity
The Chinese government had tossed about the idea of taxing property owners for years to rein in runaway prices, redistribute wealth and bolster state coffers with much-needed revenue.
China’s fiscal revenue up 16.3% in first 9 months
China’s fiscal revenue rose 16.3% in the first nine months of 2021, state-owned news outlet Xinhua reported late Friday. The country’s fiscal revenue amounted to 16.4 trillion yuan ($2.56 trillion) …
China to draft measures to pilot property tax
BEIJING – China’s Ministry of Finance and the State Taxation Administration will draft the measures for piloting the property tax and make preparations for the work as per procedure in accordance with …
China’s Journey Into The Unknown
Xi’s is championing a new campaign to promote “common prosperity.” …
China warns ‘complex and grim’ external environment poses risk to stabilising foreign direct investment
New five-year foreign investment plan by China’s Ministry of Commerce outlines a more conservative growth target for the coming five years, in light of economic uncertainties and deteriorating …
China’s fintech innovation boosts real economy
Annual Conference of Financial Street Forum, which concluded in Beijing on Friday, highlighted the importance of fintech innovation to serving the high-quality development of the real economy through …
China’s Troubled Property Behemoth Averts Default for Now
That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected …
China property behemoth finds funds to avert bond payment default for now
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said yesterday, buying it another week to deal with a debt crisis looming over the world’s …
China’s fiscal revenue up 16.3 pct in first nine months
File photo shows a worker counts Chinese currency Renminbi banknotes at a bank in Tancheng County of Linyi City, east China’s Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, Oct. 22 (Xinhua) — …
China regulator suggests Big Tech crackdown may be coming to an end, report says
More than a thousand issues related to the fintech operations of 14 internet platforms were identified by authorities.
Factbox-China’s indebted property market and the Evergrande crisis
China Evergrande Group has rapidly become Beijing’s biggest corporate headache as it wrestles with debts of more than $300 billion and the fate https://reut.rs/3jrfpZG of the country’s second-biggest …
Factbox-China Evergrande’s bond coupon payments through April 2022
China Evergrande Group on Friday confounded market expectations that it would formally default this weekend, supplying funds to pay interest on a U.S. dollar bond before the expiration of a 30-day …
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