To modernize the Chinese tax system, a significant milestone has been reached with the passing of the new Value-Added Tax (VAT) Law which will come into effect on January 1, 2026. This groundbreaking piece of legislation, devised by the Standing Committee of the 14th National People’s Congress on December 25, 2024, represents a big leap […]

Yet, China, as 2025 turns up, is still a magnet for great foreign capital funds despite the geopolitical disputes and the rapid course of protectionist measures. International companies increase their integration into the Chinese market, which confirms China’s steadfast attractiveness to those who are pursuing a successful path of globalization. Recent updates from well-established companies, […]

On Thursday, the Shanghai Composite Index in China experienced a small decrease of 0.42%, closing at 3,332, while the Shenzhen Component Performance dipped by 0.77%, which was 10,627. This is a complete U-turn from the three-day rally as investors assess the newly inflicted US tariffs issue. Consequentially, it transpired that US President Donald Trump enacted […]

The tech industry in China is booming; the Hang Seng Tech Index is almost about to get to its highest peak since the country reopened from COVID-19. As of Thursday, the Chinese technology companies benchmark in Hong Kong grew by 2.3 percent when investors were quite optimistic about the future of AI. The emergence of […]