Beijing issues new policy aimed at curbing housing speculation, triggering public concernsBeijing issues new policy aimed at curbing housing speculation, triggering public concernsBeijing has abruptly unveiled a new policy setting limit on loans from the housing provident fund for buying residential property, signaling the city's heightened efforts to combat housing speculation. But the move has also raised fears especially among young people about being disqualified to apply

Is ‘consumption downgrade’ a broader trend or felt only by migrants?Is ‘consumption downgrade’ a broader trend or felt only by migrants?China’s slowing economy and sky-high housing prices are prompting the country’s hundreds of millions of middle-class people to transiti…

Shanghai police, Huazhu Hotels Group investigate client information leakShanghai police, Huazhu Hotels Group investigate client information leakHuazhu Hotels Group has reported to Shanghai police after news that some 500 million pieces of client information were leaked went viral …

China intensifies crackdown on virtual currenciesChina intensifies crackdown on virtual currenciesTencent has permanently shut down numerous influential public accounts engaged in spreading knowledge and information about blockchain an…

Chinese lawmakers deliberate revised version of income tax billChinese lawmakers deliberate revised version of income tax billChinese lawmakers on Monday began the second reading of a draft amendment to the country’s Individual Income Tax Law at a bimonthly sess…

China to build $22 bn undersea tunnel between Hainan island, mainlandChina to build $22 bn undersea tunnel between Hainan island, mainlandChina is to invest 150 billion yuan ($22 billion) to build a cross-strait tunnel that enables both rail and highway passage between Haina…

The trump card to rein in the runaway house rentThe trump card to rein in the runaway house rentThe latest fiasco of a house renting agency exposed the dodgy behavior of property agencies who want to make quick money from the boom of…