Economy

More than 60 percent of extra-curriculum institutions in China lack required accreditation, China Consumers Association said, adding that those classes are not “necessary”options for children over their summer holidays. According…

The first IPO of intelligent electric vehicle on HKEX Chinese electric vehicle (EV) firm XPeng Motors officially listed on the Hong Kong stock market on Wednesday, making it the first…

The Russian Finance Ministry said on Tuesday it had finally brought the share of US dollar in the National Wealth Fund (NWF) to zero, and of the British pound to…

The lack of tourists from China may have partially prompted Japanese casual fashion brand Uniqlo's plan to close and relocate a store in a main shopping area of Osaka next…

ByteDance, the Chinese owner of popular video-sharing platform TikTok, refuted a media report claiming it was selling TikTok's artificial intelligence (AI) technology to other companies. "BytePlus is a [software as…

The lowest corporate tax rate in the world will not significantly impact China, where the corporate profit tax rate is 25 percent. High-tech companies in China enjoy a preferential corporate…