China has announced a new rule that suspends withholding income tax on profit earned by foreign entities that is re-invested in Chinese companies. Please login/register to view this content.
The Chinese government has unveiled a three-year lift of purchase taxes on electric cars, in the latest move to boost the production and selling of cleaner-energy vehicles in the world’s largest car market. Please login/register to view this content.
China Vanke Co., a developer of residential properties, and Industrial and Commercial Bank of China (ICBC) have teamed up to raise a fund of up to 10 billion yuan ($1.53 billion) to invest in assets including distressed debt held by Chinese financial institutions. Please login/register to view this content.