18th November 2009
China has committed to providing US$10 billion in concessional loans to African countries and cancel debts as a way of increasing its role in the continent during the opening of the Forum on China-Africa Cooperation yesterday.
The loan package will all...
18th November 2009
Indian Prime Minister Manmohan Singh said on Sunday that the government would withdraw the fiscal stimulus next year but still pursue reforms needed to push for economic growth.
He was quoted by The Times of India as saying during the inaugural of the ...
25th September 2009
India has successfully launched seven satellites from a single rocket from the Sriharikota space center located in eastern India.
The rocket took 20 minutes to launch one big satellite and six small rockets into space.The bigger satellite will be used ...
25th September 2009
American company Ford Motor Co., has now entered India’s booming auto market by launching its first Indian-made small car, the Figo.
The new model is set to be exported to the rest of the Asia-Pacific region to push global sales, and Ford has tapped ...
05th June 2009
According to the Ministry of Planning and Investment’s Foreign Investment Agency, foreign investment during the first 5 months of the year dropped by 76 percent to US$6.68 billion compared to the same period last year.
Only 256 new foreign-invested p...
12th March 2009
According to results of February data, manufacturing activity in China is steadying after months of decline.
The China Federation of Logistics & Purchasing reported that the Purchasing Managers Index increased to 49.0 last month from 45.3 in January.
...
10th March 2009
The Chinese State Administration of Taxation (SAT) has issued the China tax regulations for non-resident enterprises that do business and have establishments or places of business in China.
Tax registration and filing for non-resident enterprises in Ch...
04th March 2009
As the workshop of the world, China has largely fueled its growth through the export of consumer goods to the West. This was undoubtedly the niche China was bound to fill with its army of cheap labor, abundant natural resources, and a burgeoning free mark...
05th February 2009
The State Council has approved tax breaks and subsidies to boost the growth of China’s service outsourcing industry.
The measures will also include a series of tax and fiscal policies and intellectual property rights protection, reports Xinhua. Busin...
