Tag: Economy

Open Sesame: China Announces Further Opening of the Economy

China’s State Council has issued a circular of the government’s intentions to further open the economy and boost foreign investment. The circular is part of the effort to build China’s so-called “new open economic system,” with measures focused on streamlining...

/ March 24, 2017

An Overview of China’s VAT Reform

Hailed as China’s most significant tax reform in more than two decades, the value-added tax (VAT) was comprehensively implemented as the country’s only indirect tax in 2016, effectively replacing the business tax (BT). The reform is part of Beijing’s efforts...

/ February 24, 2017

Is China a ‘Market Economy?’ It doesn’t matter.

The key to the current discussion is in what comes next. Many have argued over whether China meets the criteria under U.S. law to be treated as a market economy. A closer reading of China’s WTO accession protocol reveals that...

/ April 26, 2016

Break the Vicious Cycles Choking China’s Economy

As China enters a new stage of economic development, the key to continued growth will be reforms aimed to shift the the country’s dependence on investment to more sustainable areas of development.

/ March 21, 2016
Shanghai Skyline

$19 Billion Fund Set to Stabilize Chinese Stocks

By Lauren Dodillet 21 Chinese securities companies led by Citic Securities Co. are pledging more than $19 billion dollars to a fund that will help stabilize the market. The fund, which opened Monday morning, is valued at approximately 15 percent...

/ July 9, 2015

State by State: China and Illinois Trade

By Dezan Shira & Associates Being the 5th most populous state in the U.S, Illinois has been the economic engine of the Midwest region and a national hub for global commerce. The state owns the third largest intermodal port in the...

GOING ORGANIC: Investing in China’s Growing Health Foods Market

Are organic products safer than other products? Are foreign imports really worth paying 2-3 times the cost of domestic items? These are some of the questions conscientious Chinese consumers may find themselves asking when they step into one of the...

/ June 30, 2015