"Workers with already modest salaries will see a larger share of their disposable income go toward contributions." More

“The main issue with the system is that it allocates tax revenue to regions based on where a product or service was produced, rather than where it was consumed." More

”Chinese companies' championing of open-source AI models is also important when it comes to amplifying Beijing's influence over other nations' tech infrastructure choices.” More

”The level of competition we have in China has become unrealistic and at times toxic. Government intervention has become necessary for the sake of the greater good.” More

'Where's the EU's China policy?’ More

"Given China's extreme regional development disparities, implementing consumption-based principles may impose significant tax losses on certain areas." More

"In terms of institutional credibility – the government and central bank’s commitment to stability – as well as macro fundamentals such as low inflation, current account surplus and large foreign rese… More

"A major economic challenge China faces is the risk of sustained deflation, which is exacerbated by 'neijuan'." More

"China pushes the internationalisation of the yuan in the midst of a trade war with the United States." More

 “A ‘revenge rise’ in home price is never the goal, as the top leadership stresses stabilisation.” More