State Council relaxes foreign investment in outbound tourism and elderly care. Companies are allowed 100% super tax deduction in investment in non-profit R&D institutions. Tax policy is eased for residents exchanging for new apartments.
As the relationship between the U.S. and China has deteriorated, an increasing number of Chinese companies are ending their U.S.-based operations. Derek Liu, Rod Hunter and Howard Wu of Baker McKenzie set out some guidance for those heading down that path
The U.S. Department of Defense imposes further sanctions on Chinese tech firms; Chinese chip companies denied access to U.S. technologies; Tim Hortons China secures a SPAC merger.
High-tech companies are allowed 100% super tax deduction. China lifts property loan restrictions and allows cities to adjust the rates. CBIRC revises regulations to achieve equal treatment of domestic and foreign bank investment.
