In the news: Apple invests $1B in Didi, China plans to close MNC tax loopholes, environmental inspection teams target local polluters and the housing authority prepares new rules for property agencies

This week Apple made its largest China investment yet, tax regulators were said to tighten reporting standards, the Ministry of Environmental Protection was authorized to dispatch inspection teams and stricter measures for the real estate industry were discussed

15 minute readMay 17, 2016 at 08:17 AM
By
Katherine Jo
& clp articles
In the news: Apple invests $1B in Didi, China plans to close MNC tax loopholes, environmental inspection teams target local polluters and the housing authority prepares new rules for property agencies

Apple Inc. has invested $1 billion in Chinese taxi-hailing app company Didi Chuxing Technology Co. (formerly Didi Kuaidi), as the battle for the future of driving intensifies and alliances among automakers, tech firms and ride-sharing companies increase.

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