n a further attempt to contain the price of housing and curb the housing bubble, the Chinese government will carry out a rent promotion plan that will allow the issuance of securities backed by residential rental properties. The official Xinhua news agency reported today that the plan, jointly prepared by the Ministry of Housing and …
China bets on rental housing in its eagerness to avoid a bubble Read More »
China’s fiscal revenue grew 13.6% year-on-year in the first quarter of 2018, to reach 5.05 trillion yuan (806,000 million dollars, 650,000 million euros), the Ministry of Finance reported today. During the period between January and March, revenues increased by 28% in the concept of excise taxes, 21.1% in the case of commercial value-added taxes (VAT) …
China’s tax revenue increased 13.6% in the first quarter Read More »
China today responded to Trump’s protectionism with the announcement of possible tariffs worth 3,000 million dollars on imports of products from the US, a move that fuels the fear of a trade war that Beijing wants to avoid. “China does not want a trade war, but we are not afraid of it at all, we …
China responds to the US with tariffs but does not want a trade war Read More »
