
Tourism: China offers new tax benefits.
China has announced an improvement to the departure tax refund policy. Under the motto "Buy now, refund now", VAT will be refunded directly upon purchase and not on leaving the country.
By Ning Wang
China has announced an improvement to the departure tax refund policy. Under the motto "Buy now, refund now", VAT will be refunded directly upon purchase and not on leaving the country.
By Ning Wang
The tea house chain Chagee aims to overtake the struggling coffee house giant Starbucks in China. The latest US IPO is the starting signal for global expansion.
By Fabian Peltsch
The government in Beijing needs to boost domestic consumption in order to cushion the impact of the trade dispute. To this end, foreign players are now allowed to invest in more sectors.
By Manuel Liu
In response to the tariff dispute with the US, retailers, influencers, and tech giants in China focus on buying domestically. Whether the patriotic buying spree will boost consumption in the long term remains uncertain.
By Fabian Peltsch
Our China Perspective column is written by authors from the People's Republic. Today's article examines the current tariff war between China and the US. It provides unique insights into Xi's political style.
By Experts Table.Briefings
Almost all Chinese children go to pre-school from the age of three. The costs of such early childhood education are set to fall soon – initially in wealthy regions around Shanghai and Guangzhou.
By Emily Kossak
Premier Li Qiang announced five percent growth for the second-largest economy. The bold forecast is based on several measures to increase domestic consumption, and German companies breathed a sigh of relief.
By Jörn Petring
Starbucks is struggling in the People's Republic with a weak economy and tough competition from local brands such as Luckin Coffee. The coffee chain hopes to revitalize its business with a new partner.
By Amelie Richter
Consumer prices in China were higher in January than in months. If the government cannot stimulate the weak demand, price pressure will continue this year. The punitive tariffs in the trade dispute with the US also weigh on the economy.
By Ning Wang
Providing enough jobs for young people is vital for the Chinese government in several respects. Statistical data from December brings good news.
By Marcel Grzanna