China

[China] - China bets on tax perks to win back foreign financiers amidst international headwinds

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China has stepped up efforts to attract foreign investors, as policymakers look to bolster the domestic economy and safeguard its position in global supply chains amid negotiations with major trade partners.New tax breaks unveiled this week aim to encourage foreign firms to reinvest profits locally – part of a broader effort to restore confidence and signal openness as challenging trade talks continue with the European Union and United States.The Ministry of Commerce, the Ministry of Finance...




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Category: China