China will implement consumption tax reform step-by-step and standardise management of local governments' non-tax revenues, Vice Finance Minister Wang Dongwei said at a press conference in Beijing on ...
China’s private capital fundraising sinks to record low of US$3.4 billion on poor outlook
China-focused private capital fundraising tumbled to a new ... “And we see there’s a good appetite to finance these constructions.” ...
What’s It Like Traveling to China These Days?
China has been rolling out new visa-free programs and promising to make travel easier for foreigners. But challenges remain.
China’s Xi calls for strong border defences ahead of PLA anniversary
China's President Xi Jinping has called for the building of strong border, sea and air defences to protect the country's territorial sovereignty and maritime interests, the official Xinhua news agency ...
China Pledges Steps to Shore Up Flagging Economy
Chinese leaders said they would take more aggressive steps to boost consumer spending and head off a worsening set of economic challenges. ( read original story ...)
China’s economic output continues expansion in flood season
China's economic output continued to grow in July as the business outlook remained optimistic, but seasonal factors including heat waves and floods somewhat dragged down the expansion.
China Sees Massive Local Government Bond Issuance in First Half of 2024
China's finance ministry reported that net local government special bonds issuance was 1.49 trillion yuan ($205.81 billion) in the first half of 2024. Additionally, June saw a net local government ...
China factory activity shrinks for third straight month
The official PMI index hit 49.4. The gauge has stayed below the 50-mark separating growth from contraction for all but three months since April 2023.
China’s LGBTQ+ community celebrates rare scenes from Paris Olympics. But the internet is divided
Two men kiss on a Parisian bridge. The camera later jumps to a queer trio embracing passionately in a room, before the door shuts.
China official protests Japan’s negative remarks at meeting with US, Chinese foreign ministry says
An official at China's foreign ministry has expressed diplomatic discontent to Japan over negative comments made during a recent meeting with the United States, China's foreign ministry said in a statement on Wednesday.