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In the News: China Tax Incentives; Asia PE Trends; and US Targeting Chinese-Linked AI
China rolls out tax breaks for foreign investors reinvesting profits locally; China remains key private equity market but firms are starting to diversify investments; U.S. Congressional bill that targets Chinese AI tools like Deepseek has bipartisan support
Credit: Vadym/Adobe Stock
China Lures Foreign Investors with Tax Breaks for Reinvestment
China has unveiled tax breaks for foreign companies that choose to reinvest profits locally in a push to boost investor confidence and signal a more open economy amidst trade tensions with the European Union and the United States, SCMP reports.
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