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Results 1 - 10 of 4841 for politics of the people's republic of china

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  1. Forex reserves surge to US$2.1tr on fund inflows

    Posted Jul 16th 2009, 12:00am by Staff Reporter

    ... at the end of March, the People's Bank of China said yesterday. The US$2.13 trillion in reserves, growing 18 per cent from a year earlier, are twice those of Japan, with the second-largest ... government faces in reining in inflation expectations and preventing appreciation of the yuan. China, also the largest holder of United States treasuries, would have to buy more US bonds and seek ...

  2. The debt trap

    Posted Nov 04th 2008, 12:00am by Laurence Brahm

    ... and porcelain. China's demand for payment in gold bullion and silver sucked Britain's reserves dry. The British tried everything to reverse the trade imbalance. Experiments in new trade instruments ensued. Knives and forks were exported to China in the hope that every Chinese would abandon chopsticks. But it didn't work. Piano exports also failed; nobody wanted to play them. ...

  3. Firms' tax burden too great, delegates say

    Posted Mar 10th 2007, 12:00am by Staff Reporter

    ... said. The delegate also complained about the opaque nature of the central government's budget report. 'The people at the National People's Congress cannot understand what ... for the country's non-governmental enterprises. Bao Yujun, a CPPCC delegate and chairman of the All-China Society of Private Economy Research, said the existing taxation system was not transparent ...

  4. Call to impose tax on property

    Posted Jun 23rd 2010, 12:00am by Peggy Sito

    ... in the China Securities Journal yesterday. Land sale revenues are collected by local governments under the present tax regime. The report said that gave local governments no incentive to curb high ...

  5. CICC to lead IPO for People's Insurance

    Posted Jul 16th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com State-owned People's Insurance Company of China Group (PICC), one of the country's largest insurers, has chosen China International Capital ... public offering application to the China Insurance Regulatory Commission in May, according to a regulatory person familiar with the matter, adding that the company applied for a A+H share dual ...

  6. Risking other people's money

    Posted Jun 22nd 2004, 12:00am by Staff Reporter

    ... a handsome, easy profit for the securities firms that engaged in this trick. The government keeps issuing bonds at shorter intervals, even as the People's Bank of China is shifting to a policy ... the rules and regulations already in place. If the government acts too slowly or too gently, the damage will grow big- and soon. Li Yong-yan is a China business analyst ...

  7. Disputes delay property tax on mainland

    Posted Jan 05th 2011, 12:00am by Peggy Sito

    ... level within his term, which ends in early 2013. The government suspended mortgages for third-home purchases last year. In October, the People's Bank of China increased interest rates ... Century Weekly magazine reported, citing an unnamed person close to the Ministry of Finance and the state tax bureau. The report comes less than a month after the official China Securities Journal ...

  8. Income tax threshold will not be raised, say reports

    Posted Dec 15th 2008, 12:00am by Staff Reporter

    ... Woods Lee Adjustment could put fiscal pressure on local governments Beijing will not raise the threshold for individual income tax as many people have hoped because it could seriously affect the fiscal situation of local governments in the less developed ...

  9. Metals and mining face hard times on mainland

    Posted Aug 18th 2008, 12:00am by Jason Krupp

    ... of these metals. 'China's mining and metal sectors are looking at uncertain prospects in the months ahead as the rapid turn in the commodity prices has equity investors looking spooked,' ... appreciation in commodity prices, which allowed many of China's leading mining companies and metal producers to achieve record levels of growth. 'Now, the downturn in commodity prices ...

  10. Beijing will prefer financial repression to liberalisation

    Posted Feb 28th 2012, 12:00am

    ... of this political-business nexus was illustrated yesterday by reports that the 70 wealthiest delegates to China's National People's Congress have personal fortunes together worth an astonishing 566 billion ... and to exert enormous political and economic influence. That's why, no matter what the World Bank or the People's Bank of China might say, in Beijing's eyes financial repression beats ...




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