A prominent Chinese economist’s social media channel has been restricted as Beijing steps up regulatory scrutiny of financial market influencers.
Chinese internet users on Saturday noticed that the WeChat account of Ren Zeping, known for his outspoken comments on investments and policies, had been stopped from gaining new followers and a member of his team said posting had been ...
South China Morning Post - Money & Wealth
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From October 22, China’s grace period for the disclosure and settlement of certain offshore-trust tax liabilities ends.
For the Chinese government, this deadline highlights its desire to affirm control over capital outflows, while for Chinese high-net-worth families, it serves as a reminder that it is now harder to keep international assets beyond the reach of the government.
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The European Commission is pressing China for progress by next month to address the widening EU-China trade imbalance, and raising the possibility of new protectionist trade policy. The deadline raises a question: how should China and its trading partners address perceived economic imbalances while sharing the benefits of Chinese industrial competitiveness?
China’s merchandise t...
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