China's theatrical market soared over Chinese New Year, with two blockbusters earning more than $650 million, but the country's importers of indie films are facing myriad challeng ... ( read original story ...)
Indonesia temporarily cuts taxes on new cars and homes
The government has temporarily cut the luxury tax (PPnBM) on new car purchases and the value-added tax (PPN) on new homes in a bid to boost consumer spending. ( read original story ...)
China bank regulator warns of ‘bubble’ in foreign markets – business live
China’s banking regulator has given the markets a jolt this morning, warning that there is a risk of asset bubbles building abroad. Guo Shuqing, head of the China Banking and Insurance Regulatory ... ( read original story ...)
The Story of Dezan Shira & Associates on Starter Story: How to Start a Business in China
Ellis, the Founding Partner of Dezan Shira & Associates, talks about doing business in China, expanding into emerging markets, and navigating crises periods. ( read original story ...)
China’s fiscal situation ‘extremely severe’, says ex-finance minister Lou Jiwei
China's fiscal situation is "extremely severe with risks and challenges", former finance minister Lou Jiwei has warned, citing fallout from aggressive US stimulus policies, the global economic ... ( read original story ...)
A Crisis of Pandemic? An Opportunity for China Business Development!
A crisis of COVID 19 pandemic can be a good timing to re-set business priority, review strategic plan, and revisit a China business development strategy. Why? Firstly, China GDP in 2020 has embodied ... ( read original story ...)
Remember ‘dot com’ bubble bust? China fears another burst may be coming
Wall Street banks have been fielding questions from clients about whether the runaway equity boom will be followed by a crash resembling the bursting of the dot-com bubble burst 21 years ago. And lead ... ( read original story ...)
China’s Nio wants to expand overseas, but there are roadblocks ahead
China's Nio is continuing its turnaround and even eyeing a push abroad. But the wannabe "Tesla killer" isn't on completely sure footing just yet. ( read original story ...)
China is sounding the alarm about a global market bubble
One of China’s most powerful financial officials is sounding the alarm over a bubble in global markets. Guo Shuqing, the Communist Party boss at the People’s Bank of China, told reporters in Beijing ... ( read original story ...)
China Gives Fintech Firms Up to Two Years to Meet Capital Rules
China’s top financial regulator said all fintech platforms that offer banking services must comply with the same capital requirements as those imposed on traditional lenders to curb risks.The ... ( read original story ...)