China ramps up hunt for tax evaders, frames consumption levies as fiscal lifelines
Beijing is intensifying its enforcement against tax evasion, extending its reach into consumption taxes, which have been positioned…
Hong Kong’s budget surplus masks mounting structural deficit
The Hong Kong government has squezed out an estimated surplus for the fiscal year ending March 31, 2026,…
China’s Politburo pledges action to tackle trade ‘struggles’ in 2026
China has pledged to better coordinate its domestic economic work to account for international trade turbulence next year,…
China should step up borrowing to boost domestic demand, economist says
China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese…