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China (English)

Trade and resources: Wang Yi sets off on Africa tour

China’s foreign minister Wang Yi began a tour of four African countries on Wednesday. In Tanzania, the focus is in part on access to mineral resources. In Somalia, China aims to strengthen the central government in Mogadishu. Taiwan and Israel diplomatically recognize the breakaway region of Somaliland.

By Leonardo Pape

Temu-Screenshot

E-commerce: How Beijing is closing tax loopholes

Chinese authorities have tightened the rules for e-commerce platforms such as Alibaba and JD.com. Sellers are now required to report detailed revenue and profit data. The objective is clear: stabilize tax revenues and curb tax avoidance. Smaller merchants and those operating internationally are coming under particular pressure.

By Jörn Petring