Finance


Businesses welcome law on foreign investment

China’s newly passed foreign investment law will benefit foreign investors and companies, and will help improve the country’s business environment, experts said. China’s national legislature on Friday ...

March 18, 2019, Monday


Tax relief for earnings from abroad

China announced specific rules concerning tax exemption to reduce the amount of individual income tax paid on incomes earned overseas.According to the rules jointly unveiled by the Ministry of Finance ...

March 18, 2019, Monday


Global financial center taking shape

SHANGHAI is making further progress toward becoming an international financial center, and the Shanghai free trade zone is a major player in the city’s ambitious drive. Hang Yingwei, head of the Pudong ...

March 8, 2019, Friday


Minister: Deficit-to-GDP ratio target for this year is realistic

CHINA’S deficit-to-GDP ratio target this year is proactive and realistic, the finance minister said yesterday. The appropriate increase of the deficit-to-GDP ratio is an important decision of the Communist ...

March 8, 2019, Friday


BOE warns of no-deal Brexit risks

Europe’s financial system faces “potential risks” to its stability arising from a no-deal Brexit, the Bank of England warned yesterday, as it extended its weekly lending facilities to include euros....

March 6, 2019, Wednesday


Firm bets on improved consumer finance market

China’s consumer finance market is expected to grow this year after experiencing difficulties in 2018 as the overall capital and credit environment will likely be more favorable....

March 6, 2019, Wednesday


PBOC pushes supply-side structural reforms

China’s central bank yesterday vowed to promote supply-side structural reforms in the financial sector this year, in a bid to offer better and more efficient services for the country’s real economy....

February 28, 2019, Thursday


Tech board to take market approach

CHINA’S top securities regulator has unveiled more details about Shanghai’s new science and technology innovation board designed to boost financial reform and development of the high-tech sector. The ...

February 28, 2019, Thursday


Stocks leap after Trump delays tariff increases

CHINA stocks posted their biggest single-day gains in more than three years yesterday after US President Donald Trump said he would delay an increase in tariffs on Chinese goods thanks to “productive” ...

February 26, 2019, Tuesday


UK, US strike deal on life post-Brexit

Britain and the United States agreed yesterday to maintain how multi-trillion-dollar financial transactions are carried out between the two countries after Brexit, aiming to avoid market uncertainty when...

February 26, 2019, Tuesday




 

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