China deal Archives - British Herald
January 21, 2022
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China to halve tariffs on some U.S. imports

BEIJING- China said on Thursday it will halve additional tariffs levied against 1,717 products imported from the United States last year, following the signing of a Phase 1 trade deal that brought a truce to a bruising trade war. China’s finance ministry said in a statement that tariff reductions for the relevant goods, which were […]

China clamps down on risks in rental housing market

BEIJING- China will curb financial risks in the rental housing market by tightening lending to rental housing companies and capping the ratio of their rental income from loans taken by tenants at 30%, the housing ministry said on Wednesday. The Chinese government has vigorously promoted the rental housing market since 2017 to address housing affordability […]