China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official Xinhua said, bringing into one document previous regulations that have included exempting items from the tax.
Efforts will continue in 2025 to stabilise and prevent further declines in China's real estate market, China Construction News reported, citing a work conference held by the housing regulator on Tuesday and Wednesday.
A Chinese court has issued a suspended death sentence to a man who rammed his car into crowds outside a primary school in southern China last month, injuring more than two dozen people in one of several violent attacks that has recently rattled the country and prompted officials to ramp up security measures.
China's central bank conducted a medium-term loan operation on Wednesday while keeping the interest rate unchanged. The People's Bank of China (PBOC) issued 300 billion yuan ($41.10 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.
The Chinese navy added nearly one-third of its vertical missile launch cells in 2021 and 2022 alone, according to a new report.
China says a plan by the Philippines to deploy midrange missiles would be a provocative move that stokes regional tensions.
China kept a key interest rate unchanged — a move widely expected by economists — as it seeks to keep its powder dry ahead of possible escalation in trade tensions with the US.
Her Story’s witty critique of gender norms has offended some men on Chinese social media, who have accused it of provoking “gender antagonism” – a phrase often used by state media to police online feminist discourse.
The Chinese government is protesting the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.”
China does not dominate global chip production yet, but its market share is growing fast. The U.S. government estimates that China could be responsible for more than 40 percent of global capacity in foundational chips by 2032, with more than half of the world’s capacity in some segments.
Big, integrated oil companies could face a double whammy from the shift in China’s car market.