The Phnom Penh Post

China on track to reach high-income status in one to two years

BEIJING – China is on track to reach high-income status within one to two years, as steady growth and structural upgrading ...

China must raise taxes on ultra-rich to fight inequality, ex-adviser says

Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, ...
Yicai Global

China’s Broad Fiscal Revenue Turns Positive as Tax Income Picks Up

China’s broad fiscal revenue rose for the first time this year in the four months ended in April, as faster tax income growth ...
The Diplomat

China’s Third Plenum Wants to Raise Household Income. That’s Good News for the US.

Planned reforms could indirectly help balance China-U.S. trade by boosting consumption, thereby reducing political hostility between the two major powers. China’s ambitious long-term economic ...
U.S. News & World Report

China Ends Tax Exemption on Bond Interest Income Effective Aug 8

SHANGHAI (Reuters) -China has reinstated value-added tax (VAT) on interest income from new bonds issued by government and financial institutions starting Friday, ending a long-standing tax break to ...
Time

China Spent Years Lending to Low-Income Countries. That's Becoming a Problem

Gordon was a reporter for TIME, based in the London bureau. Citizens visit the Belt and Road exhibition area during the third China-Africa Economic and Trade Expo at the Changsha International ...
Nasdaq

GLP Capital Partners raises $1.4 bln for its China Income Fund XII

SINGAPORE, Jan 29 (Reuters) - Asset manager GLP Capital Partners said on Monday it had partnered with a global institutional investor in raising 10 billion Chinese yuan ($1.4 billion) for its China ...