PBOC Sets Up New Bureau to Oversee Financial Regulation

The new macro-prudential management bureau has been tasked with constructing a coordination mechanism among development plans, fiscal policy and financial policy; promoting economic monitoring; and improving policy research, the commission said in a state


China makes concessions to expats in new tax law

According to a notice published by the State Administration of Taxation last month, resident taxpayers who spend more than 30 consecutive days outside the country in any given six-year period are exempt from having to declare their global earnings.