China’s southern Hainan province issued an up to date regulation on cross-border commerce in providers, successfully changing into the primary area to permit overseas corporations to hold out industrial exercise below the identical guidelines as Chinese language corporations. ...
Russian authorities will increase a mineral extraction tax (MET) on metals producers subsequent 12 months to deal with shortages of steel produce within the home market, President Vladimir Putin stated. ...
Overseas staff have denounced a South Korean metropolis’s newly launched Covid-screening marketing campaign as “racist” and “nonsensical” after it made testing obligatory for workplaces with lower than 30 workers – if considered one of them is a foreigner. ...
Russian authorities are mulling the thought of pegging a mineral extraction tax (MET) levied on metals producers to the worldwide value of their merchandise as quickly as subsequent 12 months, in accordance with Deputy Finance Minister Aleksey Sazanov. ...
Massive Chinese language tech shares listed within the US have suffered their worst month since October 2008 as the most recent clampdown by China’s regulators pressured buyers to reassess the world’s largest inventory market, triggering a significant sell-off. ...
Inexperienced expertise is shortly rising as the most well liked funding sector for enterprise capitalists, with personal companies finishing $ 7.7 billion in offers this yr. ...
Regardless of commerce tensions between Washington and Beijing, main American firms and Hollywood proceed to shift to the rising Chinese language market. ...
New rules regarding listings of Chinese language companies on international exchanges are more likely to imply that Beijing goals to place a lid on the US IPO market altogether, market consultants say. ...
Chinese language regulators have launched a cybersecurity probe into three extra US-listed tech corporations, following final week’s order to take away the ride-hailing Didi app from China’s app shops, over knowledge safety dangers. ...
President Joe Biden has signed an govt order barring People from investing in 59 Chinese language companies, together with telecoms big Huawei and a plethora of arms producers. The order builds on an earlier decree by Donald Trump. ...