Foreign direct investment into mainland China jumped 9.8 per cent on year to US$123 billion in the first 11 months of 2017, faster than the 1.9-per cent rise in the first 10 months, according to commerce ministry data. Photo: Reuters

New tax break makes it more attractive for Chinese companies to repatriate overseas profits

Beijing seeks global competitive edge with measures that encourage repatriation of profits by domestic companies and foreign firms to keep earnings in the country

Topic |   China corporate tax

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Foreign direct investment into mainland China jumped 9.8 per cent on year to US$123 billion in the first 11 months of 2017, faster than the 1.9-per cent rise in the first 10 months, according to commerce ministry data. Photo: Reuters
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