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The Elusive Fix for China’s Budget Crisis
Posted inChina Chongqing (China) Communist Party of China Economic Conditions and Trends Local Government Property Taxes Real Estate and Housing (Residential) Shanghai (China)

The Elusive Fix for China’s Budget Crisis

Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Posted by By Keith Bradsher
Capvision, a Consulting Firm, is Raided by Chinese Authorities
Posted inChina Communist Party of China Espionage and Intelligence Services Mintz Group LLC Politics and Government Shanghai (China) Shenzhen (China) Suzhou (China)

Capvision, a Consulting Firm, is Raided by Chinese Authorities

The investigation of Capvision Partners comes amid increasing scrutiny by Beijing over national security that has sent a chill through the foreign business community.
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Posted by By David Pierson and Daisuke Wakabayashi
In China, a Big Auto Show Returns to a Country That Has Gone Electric
Posted inBatteries China Contemporary Amperex Technology Ltd Electric and Hybrid Vehicles Guangzhou Xiaopeng Motors Technology Co Ltd (Xpeng Motors) Pininfarina SpA Shanghai (China) Toyota Motor Corp Volkswagen AG

In China, a Big Auto Show Returns to a Country That Has Gone Electric

The Shanghai auto show, the largest in China since before the pandemic, had one theme: The dominance of electric vehicles in the world’s largest car market is here to stay.
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Posted by By Keith Bradsher
‘Zero Covid’ Behind It, China’s Economy Starts to Recover
Posted inBeijing (China) China Economic Conditions and Trends International Trade and World Market National Bureau of Statistics (China) People's Bank of China Shanghai (China) Stocks and Bonds

‘Zero Covid’ Behind It, China’s Economy Starts to Recover

The economy grew 4.5 percent in the first three months of the year, a pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.
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Posted by By Keith Bradsher

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