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China unveils tax exemption to attract foreign investment

China'sMinistryofFinance(MOF)saidThursdayitwillexemptforeigncompaniesfrompayingprovisionalwithholdingincometaxonprofitstheyre-investinthecountry.Thenewscomesast

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China releases new rules to regulate outbound investment<br>

China'stopeconomicplanneronTuesdayreleasednewrulestostreamlineadministrativeproceduresandstrengthenregulationoveroutboundinvestmentbydomesticfirms.Thenewrules,e

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China's 21st-century challenges in 2018

China'seconomysurprisedmanyobserversin2017.Notableachievementsincludeeconomicgrowthofanestimated6.8percent,combinedwithrelativestability.Investmentcontinuestobe

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More than $1t invested in western China

Chinahasplowed6.85trillionyuan($1.04trillion)intothedevelopmentofitswesternregionssince2000tohelptheless-prosperousinlandcatchupwithcoastalareas."Sofar,therehav

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Myanmar introduces new companies law to attract foreign investment

MyanmarauthoritieswillenforceanewCompaniesLawfromAug.1nextyear,aimingatattractingmoreforeigninvestment,accordingtolocalauthorities.Pavingwayformoreforeigninvest

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S.Korea bans Bitcoin trading among certain people, financial institution

TheSouthKoreangovernmentonWednesdaybannedthetradingofBitcoinamongcertaintypestopeopletopreventspeculativeinvestmentinthecryptocurrencyandprohibititfrombeingused

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Financing Belt and Road, opportunities worth over 10 trillion USD

ChinesebanksarelookingtotaptheopportunitiesarisingfromthehugeinvestmentandfinancingdemandsintheBeltandRoad(BR)regions,whereinvestorsareattractedbythepotentialof

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Canada's economy slows in third quarter as exports fall

Canadianeconomicgrowthslowedto1.7percentinthethirdquarter,comingoffahotfirsthalfoftheyearasexportstumbledandbusinessespulledbackoninvestment,datafromStatisticsC

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China toughens penalties for dishonesty in overseas deals

Chinawillstrengthensupervisionofbusinessesinvolvedincross-bordereconomicactivities,anofficialdocumentsaid.Dishonestbusinesseswillfacerestrictivemeasuresonloangu

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Duterte orders gov't to ease, lift restrictions on foreign investors

PhilippinePresidentRodrigoDutertehasorderedtheNationalEconomicandDevelopmentAuthority(NEDA)to"exertutmostefforts"toeaseorliftrestrictionsoncertaininvestmentarea

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China's ODI drops 40.9 pct in Jan-Oct

China'snon-financialoutbounddirectinvestment(ODI)fell40.9percentyearonyearintheJanuary-Octoberperiod,datashowedonThursday,asChineseauthoritieshavebeenconducting

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Foreign investors allowed to hold controlling stakes in financial firms

Foreigninvestorsdirectlyorindirectlyinvestinginsecurities,fundmanagementorfuturescompanieswillbeallowedtoholdnomorethan51%ofthestake,saidZhuGuangyao,thedeputyMi

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Bill Gates invests $80 million to build Arizona smart city

BillGateswantstobuildafuturisticcommunityinArizona.AgroupassociatedwithaGatesinvestmentcompanyhasinvested$80millioninahigh-techplanneddevelopmentoutsidePhoenix.

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Global GDP growth forecast at 3 pct in 2018 as momentum continues

Afterexceedingexpectationsin2017,theglobaleconomyisprojectedtocarryforwarditscurrentmomentumtogeneratea3-percentgrowthratethrough2018,theConferenceBoard,aglobal

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Japan's SoftBank: 'No final agreement' on Uber

JapanesetechgiantSoftBankTuesdaysaidtherewas"nofinalagreement"onaninvestmentinUberandwarneditcouldpulloutofapotentialdealifthetermswereunsatisfactory.Thestateme

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Saudi Arabia plans $1 billion investment in Virgin's space tourism

RichardBransonhasgainedapowerfulandextremelywealthyallythatcanmakehisspacetourismdreamsareality:SaudiArabia.Thekingdomwillinvest$1billionintheVirginGroup'sspace

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China's non-financial sector outbound investment declines

China'soutbounddirectinvestmentfromnon-financialsectorsdropped41.9percentyear-on-yearto$78.03billionbetweenJanuaryandSeptember,theMinistryofCommerceannouncedonT