For self-employed individuals under the same condition, their corresponding individual income tax payments will be halved. For land used by logistics companies for bulk commodity storage, the land-use …
Tagged By financials
54 FDI proposals with investor/beneficial owner from China, Hong Kong pending for decision
Finance minister Nirmala Sitharaman on Monday informed the Lok Sabha that 54 FDI proposals with investor/beneficial owner from China and Hong Kong are pending for decision with the government …
The latest US bank crisis is opening doors for China to assert global ascendancy, Yale economist says
The latest bank crisis is opening doors for China to raise its standing in the world, according to Yale economist Stephen Roach. He pointed to recent turmoil rocking the US banking sector, starting …
Bank failures have ‘increased’ threats to global financial stability, IMF says
China’s reopening was a leading reason behind the IMF’s improved economic growth forecast in January, but despite potential tailwinds to the global economy this year, the banking crisis has …
China Official Says Debt Fix Slowed by Global Development Banks
Chinese creditors are more hesitant to participate in sovereign debt restructuring because multilateral development banks are not offering debt relief, a senior official at China’s central bank said.
After fining Deloitte £25m, China vows to discipline the Big Four
After meeting with Deloitte’s global chair Sharon Thorne, China’s Ministry of Finance (MoF) outlined plans yesterday to “strengthen” its supervision of the country’s audit sector by “strictly” …
PBOC official: China banks concerned about credit ratings in debt overhauls
Multilateral development banks (MDBs) reluctant to offer debt relief need to shoulder an “equitable burden” in sovereign debt restructurings, a People’s Bank of China official said on Monday.China has …
China issues preferential tax policy for small firms, household businesses
China’s finance ministry on Monday issued preferential tax policy for some small firms and household businesses, as part of steps to support the economic recovery.
We cannot counter China’s ambitions without a global strategy
Defense officials and analysts acknowledge that China is no longer merely a regional power but a global power on the move. Its recent moves to restore diplomatic ties between Saudi Arabia and Iran, …
Chinese-American bank ‘willingly’ provided Biden family financial records: GOP senator
“A bank from China, let’s face it, the Communist Party controls those types of institutions, they willingly gave us the documents that backed up the Treasury records,” Johnson said on “Sunday Morning …
Indian govt has 54 Chinese investment proposals pending – finance minister
REUTERS/Samuel Rajkumar March 27 (Reuters) – The Indian government has received about 54 foreign direct investment proposals from China since last year that are pending for approval, said Finance …
Saudi Aramco inks $12.2 billion China oil refinery, petchem complex deal
Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country’s growing demand …
Credit Agricole launches China M&A and investment banking business
Credit Agricole , France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch of a new unit.