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In November 2024, China’s economy exhibited mixed results: industrial production rose by 5.4%, while retail sales grew only 3%, below forecasts. Fixed asset investment also faltered....
In early 2024, China sought to join the CPTPP, potentially offering modest economic benefits to Australia. Key reforms include limiting state-owned enterprise subsidies, enhancing data flows,...
China’s private pension scheme, previously piloted in 36 cities, will roll out nationwide on December 15, 2024, enabling workers to open tax-deferred accounts. The initiative aims...
Italy’s exit from the Belt and Road Initiative, driven by limited benefits, may reshape relations with China, influenced more by broader geopolitical dynamics than bilateral agreements,...
Financial analysis and cost audits are vital for identifying unnecessary expenses and supporting cost optimization in companies. By comparing financial data over time, firms can uncover...
The TC260 has launched a guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Greater Bay Area, enhancing security...
The U.S. and China compete in Northeast Asia, strengthening alliances and pursuing economic ties with Japan and South Korea, despite past stagnation. A new cooperative era...
On November 24, the State Taxation Administration announced the nationwide rollout of fully digital electronic invoices (e-fapiao) effective December 1, 2024. This follows a successful pilot...
On November 29, 2024, the National Health Commission and three departments outlined plans for wholly foreign-owned hospitals in nine cities, following a September pilot policy. Foreign...