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 stabilize 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.
China Says Japan's Foreign Minister To Visit
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.
The idea that China can thrive in a world shaped by the values of a murderous thief like Putin, who is an agent of disorder, or by fundamentalist Iran, another promoter of disorder and the next country likely to fracture, or by the global south — or by China alone — is crazy.
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.
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.
China says a plan by the Philippines to deploy midrange missiles would be a provocative move that stokes regional tensions.
The Chinese navy added nearly one-third of its vertical missile launch cells in 2021 and 2022 alone, according to a new report.
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.
If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”
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.