VAT

New Business

China housing market gets VAT relief on resales but demand outlook stays subdued

China will lower value-added tax (VAT) on individual home resales from January 1, but while the measure has drawn interest…

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New Business

Beijing trims property resale tax in fresh push to stabilise housing market

Mainland China will cut or waive value-added tax (VAT) on the resale of homes by individuals from Friday, in its…

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New Business

China’s local governments urgently need cash. Can the 5-year plan find it?

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set…

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New Business

China poised to strike back if Trump follows through on sweeping tariff plan

US President Donald Trump’s pledge to combat value-added taxes (VAT) levied on American exports has put China on the defensive,…

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New Business

Policy support sees China’s tax revenue rise for second straight month

China’s tax revenue rose for the second straight month in November on the back of supportive domestic policies, while local…

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Tech

Thailand to tighten scrutiny of PDD-backed shopping app Temu to protect local merchants, report says

Thailand to tighten scrutiny of PDD-backed shopping app Temu to protect local merchants, report says Thailand authorities are tightening regulations…

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Tech

Shein, Temu face uncertain times in South Africa, EU, other markets amid high-tariff push

Some consumers in South Africa are looking to abandon popular low-cost online retailers Shein and Temu, according to recent social…

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