Property industry remains an enemy within for Beijing’s economic targets
The slumbering property sector remains a threat to China’s economic growth because of its huge impact on the…
Ban on drawing pension, salary together lifted
The government has lifted the ban on drawing pension and salary at the same time, and a notification…
China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
5 New Money Rules from November 1: Big changes to bank accounts, safety lockers, pensioners, UPS deadline and others – News
With these updates rolling out simultaneously, November promises to be a busy month for both financial institutions and…
Pakistan’s total public debt crosses USD 286 billion mark in FY 2025
Islamabad: Pakistan’s total public debt reached USD 286.832 billion (PKR 80.6 trillion ) as of June 2025, which…
Pakistan’s economy collapsing? Public debt rises to $286.8 billion; debt-to-GDP ratio hits 70%
Pakistan’s total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, almost 13 per cent…
The Great Mall: how China is turning foreign tourists into shoppers
Foreign tourists in China are increasingly drawn to shopping, said Steven Zhao, CEO of China Highlights, a travel…
China’s Hunan puts non-tax revenue in crosshairs, cracking down on sketchy fines
Hunan has become the latest Chinese province to tighten controls on non-tax revenue growth through a revision of…
China seeks to bolster demand by subsidising interest costs on consumer loans
China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s…
New committee, bailout talk: is China launching a fresh property rescue effort?
China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the…
Why did Chinese economist slam Ray Dalio on debt situations in US, China?
A prominent Chinese economist has pushed back against Bridgewater Associates founder Ray Dalio’s views on the debt situations…