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…
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…
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…
As China defuses its time bomb of debt, US hears the ticking intensify
Concerns over China’s local-level debt have long loomed large in international discourse, with a mountain of “hidden” debt…
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…