China said on Friday it will levy a consumption tax on imports of several fuel blending components, including light cycle oil (LCO), mixed aromatics and diluted bitumen, effective from June 12.
Tagged By financials
China’s Liaoning province plans merging local banks as early as June -sources
China’s northeastern Liaoning province plans to start merging local banks into one provincial lender as early as next month, three sources with direct knowledge of the matter said, as the rustbelt …
China stocks rise as financial, healthcare firms rebound; Hong Kong up
HK daily quota used 3% * FTSE China A50 +1.8% SHANGHAI, May 14 (Reuters) – China stocks climbed on Friday as financial and healthcare firms gained, leading a rally in Asian markets as U.S. Fed…
Ex-UK PM Cameron grilled over links to bankrupt finance firm
Former British Prime Minister David Cameron said Thursday he never suspected that a financial services company he lobbied for would go under, threatening thousands of jobs at …
China stocks end lower on soft bank lending, Sino-U.S. tensions; Shanghai Composite Index closes 1% lower
The blue-chip CSI300 index fell 1.0 per cent to 4,992.97, while the Shanghai Composite Index shed 1 per cent to 3,429.54 points.
U.S. firms still face more restrictions in China than Chinese firms face in U.S., says AmCham
Industries in which U.S. companies operate at a disadvantage in China include health care and cloud computing, said the American Chamber of Commerce in China.
China stocks end lower on soft bank lending, Sino-U.S. tensions
China stocks ended lower on Thursday after the country’s latest bank lending data missed forecasts, and as Sino-U.S. tensions weighed.
China to increase financial support for epidemic-hit sectors China to increase financial support for epidemic-hit sectors
China will extend some of its pro-employment policies until the end of this year, further facilitate flexible employment and increase financial support for sectors that continue to be impacted by the …
China revives efforts to roll out property tax to rein in runaway home prices, after two-year silence
A high-level meeting of government departments involved in the proposal signals the much-anticipated residential property levy is back on Beijing’s agenda, according to industry experts.
China, Hong Kong stocks fall on soft bank lending, Sino-US tensions
The Chinese government has turned its western Xinjiang province into essentially an “open-air prison”, a U.S. State Department official said on Wednesday as the department published a report that …
China’s new yuan loans drop in April
China’s new yuan-denominated loans totaled 1.47 trillion yuan (about 228.77 billion U.S. dollars) in April, down 229.3 billion yuan year on year, central bank data showed Wednesday. The M2, a broad …
BlackRock, Temasek wealth management joint venture wins licence in China
BlackRock is the latest foreign firm to seek to expand its wealth-management operations in China as a swathe of financial service providers bet on rising incomes across the mainland.
Tricor & Financial Times Board Director Programme Report Reveals Critical Gaps for Boards in Mainland China in Digital Governance, Cybersecurity and Risk Management
Tricor Group and the Financial Times Board Director Programme co-released the inaugural Asia Pacific Board Director Barometer Report, uncovering corpo …
