China’s national legislature initiated deliberations on a proposed corporate law that would progressively equalize corporate taxes on foreign and domestic corporations. The recent measures, including path-breaking bill on property law, have been undertaken to protect private wealth, construct [...]
Posts Tagged ‘Foreign investment’
May 28th, 2012 - 1:52 pm § in News Of Economy
China set to end foreign tax breaks, introduces uniform corporate tax
April 5th, 2012 - 5:45 am § in News Of Economy
China’s foreign investment soars 22%, needs check
Rising foreign investment is ensuring China’s development as it mounted 22 percent to $6.6 billion in June compared to last year. The Ministry of Commerce asserts that China’s foreign direct investment (FDI) grew 12 percent to $31.9 billion in the first half of the year. A total of 18,68[...]