African ambassadors in China have written to Foreign Minister Wang Yi over the "discrimination" against the African nationals in the Chinese city of Guangzhou. According to reports, African students and expatriates in the city are being evicted by the landlords, forcefully tested for the novel Coronavirus (COVID-19) and quarantined without checking their travel history or considering other criteria for testing.

Several of them have been refused rooms in hotels and are forced to live on the streets, according to CNN. Several videos and posts about the alleged discrimination also went viral, leading to widespread anger among citizens in Africa.

Al Jazeera reported that its journalist Sarah Clarke said some in China believe the African community in Guangzhou could be behind a second wave of infections. "Since last Thursday we saw 114 new cases reported in Guangzhou of Coronavirus and 16 of them Africans. We've seen a number of reports from members of the African community in Guangzhou making complaints of mistreatment, arrests, eviction and being denied access to restaurants and hotels, and some students are even claiming to be living on the streets and being denied food," she said.

The ambassadors said such "stigmatisation and discrimination" has led people to believe that the Africans are spreading the virus. Chinese Foreign Ministry spokesman Zhao Lijian has, however, denied the claims of discrimination, without referring to the letter to Wang.

Zhao Lijian said, "The Guangdong authorities attach great importance to some African countries' concerns and are working promptly to improve their working method. African friends can count on getting fair, just, cordial and friendly reception in China."

'No home quarantine for patients'

Wang Xinghuan, the head of the Wuhan Leishenshan Hospital, involved in handling the crisis in Wuhan on Monday said mandatory isolation of people with mild symptoms in special centres instead of their homes is essential as they are very likely to spread the virus to their family members.

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A northeast China province is offering cash rewards of up to 5,000 yuan ($700) for help in catching people who illegally cross the Russian border after a flood of imported Coronavirus cases. As of Monday, China has reported a total of 1,464 imported cases of which 905 are still undergoing treatment.

Weeks after it drastically cut international flights and banned entry to foreigners to prevent a resurgence of the coronavirus crisis, China is still struggling to contain a spike in imported cases.

Most of the new infections have been in Chinese citizens returning home. A new front has emerged in Heilongjiang province, which on Tuesday reported 79 new cases in arrivals from neighbouring Russia, taking its total of imported infections to 326. Provincial authorities said on Monday that people who report illegal border crossings will receive a 3,000-yuan reward. "If the citizen captures and hands over (offenders) to relevant departments, there will be a one-off reward of 5,000 yuan," the virus prevention and control working group said.

McD apologises after store in China bans Africans

US chain McDonald's has apologised after a sign telling black people they were banned from entering a branch in southern China prompted outrage online, following reports of discriminatory treatment towards Africans in the city. A McDonald's spokesman told AFP that the notice was "not representative of our inclusive values". It said it removed the sign and temporarily closed the restaurant.

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US President Donald Trump has warned China that it should face consequences if it was "knowingly responsible" for the spread of COVID-19, upping the ante on Beijing over its handling of the COVID-19 pandemic.

Trump, who has expressed disappointment over China's handling of the disease, alleged non-transparency and initial non-cooperation with the US on dealing with the crisis. "If they were knowingly responsible, yeah, then there should be consequences. You're talking about, you know, potentially lives like nobody's seen since 1917," he said on Saturday.

Trump said his relationship with China was very good till the time the deadly COVID-19 swept across the world. He said there was a big difference between a mistake that got out of control and something done deliberately. He also expressed his doubts over the official Chinese figures on the number of deaths in their country, claiming that the fatalities were way ahead of the US.

A premier Chinese virology laboratory in Wuhan, which is in the eye of the storm for allegedly being the source of Coronavirus, has for the first time refuted the charge that the deadly virus originated from his lab before it spread across the world and wreaked havoc.

Hungry, jobless turn to food banks in US

Thousands of families hit by the pandemic are turning to food banks to get by, waiting hours for donations in lines of cars stretching as far as the eye can see. And with 22 million people out of work seemingly overnight, the charities feeding homeless and scared people fear the day will come when they cannot cope with the tsunami of demand.

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Cash-rich China on Thursday announced an additional USD 30 million grant to the World Health Organization to support its global fight against the deadly coronavirus, days after Beijing expressed "serious concern" over President Donald Trump's decision to freeze US' funding for the UN health agency over its handling of the COVID-19 crisis. Chinese Foreign Ministry Spokesman Geng Shuang made the announcement at a media briefing here. The grant will be in addition to the USD 20 million provided by China, the world's second largest economy, earlier to the WHO.

"China has decided to donate another USD 30 million in cash to the WHO in addition to the USD 20 million cash donation to support the global fight against COVID-19 to help strengthen developing countries health systems," Geng said. He clarified that the additional USD 30 million funding was "aimed to COVID-19 response and supporting the health systems of developing countries".

"This is a different thing from the membership dues paid by China," he said. China hinted at stepping up its monetary contribution to the UN health agency on April 15. Beijing's response came a day after Trump announced to put a "very powerful" hold on US' funding to the WHO, accusing the UN agency of being "very China-centric" and criticising it for having "missed the call" in its response to the coronavirus pandemic. The US is the largest donor to the Geneva-based WHO.

Trump also criticised the organisation's relationship with China. "American taxpayers provide between USD 400m and USD 500 million per year to the WHO; in contrast China contributes roughly USD 40 million a year, even less. As the organisation's leading sponsor, the United States has a duty to insist on full accountability," he said. While announcing the new funding, Geng without referring to Trump's criticism, expressed China's full backing for the WHO and its Director General Dr General Tedros Adhanom Ghebreyesus, whom Trump has termed as pro-China.

"Since the outbreak of COVID-19, the WHO and its Chief Dr Tedros have been actively fulfilling their duties in upholding scientific, objective and an impartial stance. It played an important role in helping the relevant countries strengthen their pandemic response and promote international cooperation," Geng said.
"As the global fight against COVID-19 is at a crucial stage supporting the WHO is defending the ideals and principles of multilateralism and upholding the status and authority of the UN," he said.

Terming the virus the "common enemy of all", Geng said solidarity was the only weapon to defeat it. "Our donation is made out of support and trust of Chinese government and people for the WHO," Geng said, adding that "this is also our way of contributing to global public health and global efforts against the pandemic" Earlier while responding to Trump's announcement to freeze US' funding for the WHO, another Chinese Foreign Ministry Spokesman Zhao Lijian had said: "China expresses serious concern over the US announcement to halt its funding to WHO".

He said China will always support the Geneva-based WHO in playing an important role in international public health and global anti-epidemic response. Asked if China will step-up funding to the WHO to replace the US contributions, Zhao had said, "China has provided USD 20 million to the WHO (to fight COVID-19) and we will study the relevant matter", indicating that Beijing was considering to increase its contribution to the global health body.

Both China and the WHO faced serious criticism over lack of transparency especially about the discovery of the coronavirus in December last year and its silent spread in Wuhan until Beijing imposed a lockdown in the city on January 23. By that time, over five million people from Wuhan were reported to have left for holiday destinations at home and abroad to celebrate the Chinese New Year, which many allege resulted in the spreading of the deadly virus worldwide.

China has denied the allegations of any cover-up, saying it was the first country to report the COVID-19 to the WHO.

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China has approved its third coronavirus vaccine for the second phase of clinical trials as it reported 12 new COVID-19 cases, taking the total number of infections in the country to 82,816. China has approved three coronavirus vaccines, including the one developed by Chinese military, the People's Liberation Army (PLA) for clinical trials. An "inactivated" vaccine developed by Wuhan Institute of Biological Products under the China National Pharmaceutical Group (Sinopharm) and the Wuhan Institute of Virology (WIV) started its clinical trials, state-run Xinhua news agency reported.

An "inactivated" vaccine consists of virus particles, bacteria, or other pathogens that have been grown in culture and then lose disease producing capacity. In contrast, live vaccines use pathogens that are still alive. WIV has been in the eye of the storm in recent weeks as US President Donald Trump and top American officials alleged that the coronavirus may have escaped from there and demanded a probe into it. An official of the WIV denied it, terming the allegation "entirely based on speculation".

A total of 96 persons in three age groups have received the vaccine in the first phase of clinical trial as of April 23. The vaccine has shown good safety results so far and vaccine receivers are still under observation, said the Chinese pharmaceutical company Sinopharm. The randomised, double-blind and placebo-controlled clinical trials of the inactivated vaccine are conducted in Jiaozuo, central China's Henan Province, and the second phase of clinical trial will focus on the vaccination procedure, it said.

The vaccine will also go through the third phase of the clinical trial, and it may take about one year to complete the clinical trial before finally reaching the conclusion on the vaccine's safety and efficacy, it said. China has approved three COVID-19 vaccine candidates for clinical trials. An adenovirus vector vaccine, developed by Institute of Military Medicine under the Academy of Military Sciences, was the first to be approved to enter a clinical trial. The first phase of the clinical trial was completed at the end of March, and the second phase started on April 12.

Meanwhile China's National Health Commission, (NHC) said on Saturday that 12 newly confirmed COVID-19 cases were reported in the country on Friday, of which 11 were imported. The other one was domestically transmitted in Heilongjiang Province bordering Russia. The death toll in the country remained at 4,632 people as no fatalities were reported due to coronavirus on Friday, it said.

The overall confirmed cases on the mainland had reached 82,816 by Friday, including 838 patients who were still being treated and 77,346 people discharged after treatment. The total number of imported cases of the coronavirus in China increased to 1,629 on Friday, of this 909 had been discharged from hospitals after recovery, and 720 were being treated with 25 in severe conditions, it said. Also on Friday, 29 asymptomatic cases were reported. So far, 983 suspected asymptomatic cases, including 150 from abroad, were still under medical observation, it said.

Coronavirus' first epicentres Hubei and its capital Wuhan had 553 asymptomatic cases under medical observation, state-run Xinhua news agency reported. The asymptomatic cases were a cause of concern as the government has lifted over two-month lockdown in Hubei and Wuhan after cases abated.

Asymptomatic cases refer to people who are tested positive for the coronavirus but develop no symptoms such as fever, cough or sore throat. They are infectious and pose a risk of spreading to others.

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China has approved its third Coronavirus vaccine for the second phase of clinical trials as it reported 12 new COVID-19 cases, taking the total number of infections in the country to 82,816. The approved vaccine also includes one developed by Chinese military, the People's Liberation Army (PLA) for clinical trials. An "inactivated" vaccine developed by Wuhan Institute of Biological Products under the China National Pharmaceutical Group (Sinopharm) and the Wuhan Institute of Virology (WIV) started its clinical trials, state-run Xinhua news agency reported.

The inactivated vaccine consists of virus particles, bacteria, or other pathogens that have been grown in culture and then lose disease producing capacity. In contrast, live vaccines use pathogens that are still alive. WIV has been in the eye of the storm in recent weeks as US President Donald Trump and top American officials alleged that the Coronavirus may have escaped from there and demanded a probe into it. An official of the WIV denied it, terming the allegation "entirely based on speculation".

A total of 96 persons in three age groups have received the vaccine in the first phase of clinical trial as of April 23. The vaccine has shown good safety results so far and vaccine receivers are still under observation, said the Chinese pharmaceutical company Sinopharm.

72 therapeutics trial underway, 211 in planning stages in the US

A top Trump administration health official has said that as many as 19 therapeutics trial are underway and 211 in planning stages in a bid to find the cure for Coronavirus. "We are leaving no stone unturned to find the antidote for Coronavirus... We don't have any approved therapeutics for the virus but we are actively involved with the academic, commercial and private sector to find it," FDA commissioner Stephen M Hahn told reporters at a White House news conference.

"Seventy-two trials of therapeutics are underway in the United States under FDA oversight and 211 are in the planning stages, so we expect to see more. This includes convalescent plasma as well as antiviral therapies," Hahn added. According to Hahn, work is continuing on finding a vaccine. FDA has authorised two firms on vaccine trials. Hahn said that the FDA has told manufacturers that in order to market anti-body tests in the US, they have to validate their tests.

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The number of the novel Coronavirus cases in Russia has surpassed that of China, where the disease originated. The country on Monday reported 6,198 new confirmed infections, taking the tally to 87,147, reported the Moscow Times.

China has recorded 84,500 confirmed cases since the outbreak last year. The Russian authorities on Monday confirmed 50 deaths in the past 24 hours, taking the total toll to 794.

Russia is now the ninth country to be worst hit by the pandemic. The virus has spread to all of Russia's 85 regions, but has affected the capital, Moscow, the most. Of all the 6,198 new cases, 2,971 have been registered in Moscow, 576 in the Moscow region and 153 in the Nizhny Novgorod region.

The virus has affected the country's military as well. A total of 874 servicemen in the military have tested positive for COVID-19 since March, Russia's Defence Ministry has said. Four people are in grave condition, including one on a ventilator.

The vast majority of the country has been on lockdown since late March, with only essential businesses — grocery shops, pharmacies, banks — operating and people ordered to stay at home. Military units have already rehearsed the parade -- footage of these rehearsals showed hundreds of servicemen drilling outside Moscow without observing social distancing. A Kremlin spokesman said that the military had their own isolation and distancing protocols which allowed them more freedom.

Spain sees slight spike in daily cases

Spain recorded 331 new deaths in the past 24 hours, up from Sunday's 288, while the political and social debate focuses on the way out of the seven-week lockdown. The total death toll stands on Monday over 23,500, while the number of infections is over 2,00,000.From Friday, people of all ages will be allowed to go on walks or practice sports outdoors, Prime Minister Pedro Sánchez has announced.

Singapore records drop in new infections

The tally in Singapore, which for long recorded over 1,000 cases daily, reached 14,423 on Monday after 799 new infections were reported with majority of them being foreign workers residing in dormitories. Around 3,00,000 low-wage workers, mostly from South Asia, work in Singapore in construction and maintenance. Most of them live together in huge dormitory complexes.

After being the epicentre of the Coronavirus outbreak, China is final limping back into normalcy and the citizens, government, and public institutions are taking the necessary steps to avert another outbreak. And while the country is at it, a school in Hanzhou came with a creative idea to ensure children thoroughly follow social distancing norms.

Eileen Chengyin Chow, a professor at the Duke University posted pictures of first graders at the Yangzheng Elementary School in Hanzhou on her Twitter account on April 27. What’s striking about the pictures is the headgears the students are wearing in class, that bears resemblance to that of the soldiers belonging to the Song Dynasty. The colourful head gear, that teaches the historical context it has in the country and also helps maintain social distance,  has a 3 feet-long rod made of  soft materials such as cardboard or foam, attached on the sides.

Chow explains the  historical context of the headgears’ designs in the tweet, that reads, “The long horizontal plumes on Song Dynasty toppers were supposedly to prevent officials from conspiring sotto voce with one another while at court—so social distancing was in fact their original function!”

First graders back to school in Hangzhou, with social distancing headgear

The long horizontal plumes on Song Dynasty toppers were supposedly to prevent officials from conspiring sotto voce with one another while at court—so social distancing was in fact their original function! pic.twitter.com/0AOKsWE1xH

— eileen chengyin chow (@chowleen) April 27, 2020

The professor’s post garnered more than 17,300 likes and was retweeted over 8,300 times. The users commenting on the posts lauded the teacher who used a smart way to designed these headgears that has a historical significance.

Historical precedents used. Clever on the part of the teacher to be able to incorporate a history lesson and maintain social distancing.

— Olga Sadowy (@OSadowy) April 27, 2020

Wow! This is adorable and really interesting. I hope they are safe enough...

— Tristan Felix 🏳️‍🌈 (@tiger) April 27, 2020

This is ridiculously cute! Did they make the hats themselves? 😄

— Heather Jean Bruskay (@HBruskay) April 27, 2020

for all the nerds saying "but they can just get close face to face so this doesn't help"

making and decorating hats was obviously a fun thing for the kids to do while also learning some history

— bieb (@red_bieb) April 27, 2020

Wow I always thought it was a fashion choice

— josué (@joshnekoff) April 27, 2020

What do you think about the post?

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China's warning of trade repercussions from Australia's campaign for an independent inquiry into COVID-19 has rattled Australian business leaders as President Donald Trump's administration urges other governments to back such a probe. China has accused Australia of parroting the US in its call for an inquiry independent of the World Health Organisation to determine the origins of COVID-19 and how the world responded to the emerging pandemic.

Chinese Ambassador Cheng Jingye used an Australian newspaper interview this week to warn that pursuing an inquiry could spark a Chinese consumer boycott of students and tourists visiting Australia as well as of sales of major exports including beef and wine. Australian Prime Minister Scott Morrison on Friday stood firm on his call for an inquiry and denied any motivation other than to prevent such a pandemic from happening again.

"I don't think anybody's in any fantasy land about where it started. It started in China. What the world over needs to know is how did it start and what are the lessons that can be learnt," Morrison said. "That needs to be done independently and why do we want to know that? Because it could happen again."

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China, where the deadly coronavirus first emerged in December last, reported just one COVID-19 case, the National Health Commission (NHC) said on Saturday. The death toll remained at 4,633 with no new fatality. As of Friday, the total confirmed cases on the mainland were 82,875. As many as 77,685 patients have been recovered, the NHC said.

One new imported coronavirus case was reported on Friday with no new local infection, it said. China has reported a total of 1,671 imported COVID-19 cases, including seven in critical condition. The Hubei province and its capital Wuhan, the epicentre of the virus, have not reported any coronavirus case for 28 consecutive days since April 4, local health commission said on Saturday. Hubei also lowered its COVID-19 emergency response from the highest level to the second-highest on Saturday.

The lowering of the emergency level shows a major breakthrough in Hubei's prevention and control against the coronavirus, Hubei Vice-Governor Yang Yunyan told media. Meanwhile, 20 new asymptomatic cases were reported on Friday, taking the total number of such patients to 989. Asymptomatic cases refer to people who are tested COVID-19 positive but develop no symptoms such as fever, cough or sore throat. However, they pose a risk of spreading the disease to others.

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US officials believe China covered up the extent of the COVID-19 outbreak — and how contagious the disease is — to stock up on medical supplies needed to respond to it, intelligence documents show. Chinese leaders "intentionally concealed the severity" of the pandemic from the world in early January, according to a four-page Department of Homeland Security (DHS) intelligence report dated May 1 and obtained by the AP.

Marked "for official use only," the DHS analysis states that, while downplaying the severity of the virus, China increased imports and decreased exports of medical supplies. It attempted to cover up doing so by "denying there were export restrictions and obfuscating and delaying provision of its trade data," the analysis states.

Hid details from WHO
The report also says China held off informing the World Health Organisation that the COVID-19 "was a contagion" for much of January so it could order medical supplies from abroad " and that its imports of face masks and surgical gowns and gloves increased sharply.

Those conclusions are based on the 95 per cent probability that China's changes in imports and export behaviour were not within normal range, according to the report. China publicly identified the pathogen as a novel Coronavirus on January 8.

Trump 'thinks' we'll have vaccine by year end

President Donald Trump says he believes a vaccine for COVID-19 will be available by the end of the year. Trump commented Sunday night during a televised town hall. "I think we'll have a vaccine by the end of the year. We'll have a vaccine much sooner rather than later," he said. Trump also increased his projection for the total US death toll to 1,00,000 — up by as much as 40,000 from what he had suggested just a few weeks ago. So far, over 67,000 have died in US.

'Remdesivir to be out by next week'

Antiviral drug Remdesivir, approved by the USFDA for emergency use to treat COVID-19 patients, is expected to be available by early next week, the CEO of Gilead Sciences, the pharmaceutical firm manufacturing the medicine has said.

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China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins.

China's Ministry of Commerce has objected to the EU's new anti-dumping methodology, claiming that it violates World Trade Organization rules.

The United States International Trade Commission will issue countervailing duty orders on imports of cold-drawn mechanical tubing from China and India, after determining that they are causing material injury to US manufacturers.

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012.

On February 3, 2018, China's State Administration of Taxation set out new rules on the disallowance of tax treaty benefits where an entity fails to demonstrate it is the beneficial owner of Chinese assets from which passive income is derived.

China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session.

China's new Finance Minister, Liu Kun, has announced plans to reform the nation's taxation system, including value-added tax rate reductions.

China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth.

The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions.

China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China.

China intends to implement numerous changes to its trade tariffs from January 1, 2018, to ensure domestic businesses have access to inputs and equipment and to implement changes in prior international agreements.

Officials from the Abu Dhabi Global Market, a free zone in the United Arab Emirates, and the Abu Dhabi Exchange recently visited Shanghai, China, to meet with representatives of key Chinese financial authorities and institutions.

Climate change will pose a deadly threat in China in the future as heatwaves become more severe and frequent, reports a new study. The findings of the

China's first-ever anti- domestic violence law was approved. Campaigners said that the law fails to cover some potential victims and has taken too long to pass.

In a vaccine scandal that occurred in China, 37 suspects have been detained and 13 wholesalers put under investigation. The case involves the illegal

Doctors from a southern Chinese hospital successfully removed a 14-centimeter-long toothbrush from a man's stomach which he swallowed 20 years ago. The No.

Yoga has been gaining popularity in China as a healthy lifestyle choice. A total of 50 branches would be set up to boost yoga education

Each week, STR analysts provide a deep-dive into China hotel performance. The most recent video is linked below, available in both English and Chinese. STR provides premium data benchmarking, analytics and marketplace insights for global hospitality...

In an exclusive Tete-a-Tete with International Business, Times India actress Geeta Basra spills the beans on embracing motherhood, making the most of lockdown time with her family Harbhajan Singh and daughter Hinaya, and last but not the least her plans of coming back on screen.

Washington and Beijing are locked in a war of words over the origins of the disease, which emerged in the Chinese city of Wuhan and has grown into a global pandemic.

Why Are People So Stupid, In Concern To Solving The High Price Housing Crisis in China, and Around the World?

By: Mr. Dominic Jermano

American-China/Foreign Affairs...

The OECD has welcomed the release by China and the US of peer reviews of their fossil fuel subsidies.

The fiscal and taxation reforms will be more than ever necessary in China to ensure that growth becomes more inclusive. So far, China has had a major success in reducing the poverty. But additional tax reforms will be needed to reduce further inequality in disposable income and across regions, as well as to help reduce the rural-urban divide.

China signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters at a ceremony today at the OECD. All G20 countries have now fulfilled the commitment they made at the Cannes G20 Summit to sign the Convention and move towards automatic exchange of information as the new, global standard.

This report consists of two parts. Part I is a report by the OECD Secretary-General regarding (A) the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project; (B) Tax transparency; (C) Tax policy tools to support sustainable and inclusive growth; and (D) Tax and development. Part II is an updated Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

This report consists of two parts. Part I is a report by the OECD Secretary-General regarding (A) the G20/OECD Base Erosion and Profit Shifting (BEPS) Project; (B) Tax transparency; (C) Tax policy tools to support sustainable and inclusive growth; and (D) Tax and development. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Following the first meeting of the Inclusive Framework on BEPS in Japan, on 30 June-1 July, and recent regional meetings, more countries and jurisdictions are joining the framework. The Inclusive Framework on BEPS welcomed Macau (China), Mauritius and Ukraine bringing to 90 the total number of countries and jurisdictions participating on an equal footing in the Project.

The work on BEPS Action 14 continues with today's publication of the seventh round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

Weapons Sales in China decreased to 1040 USD Million in 2018 from 1227 USD Million in 2017. Weapons Sales in China averaged 849.91 USD Million from 1954 until 2018, reaching an all time high of 2605 USD Million in 1987 and a record low of 3 USD Million in 1954. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Banks Balance Sheet in China increased to 2850 CNY Billion in March from 905.70 CNY Billion in February of 2020. Banks Balance Sheet in China averaged 749.47 CNY Billion from 2004 until 2020, reaching an all time high of 3340 CNY Billion in January of 2020 and a record low of -32.10 CNY Billion in July of 2005. In China, new yuan loans refer to financial institutions Renminbi credit funds balance sheet. They represent more than four-fifths of all loans. This page provides - China New Yuan Loans - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China recorded a government budget deficit of 417.70 CNY Billion in March of 2020. Government Budget Value in China averaged -192.52 CNY Billion from 1990 until 2020, reaching an all time high of 5885.80 CNY Billion in January of 2012 and a record low of -15554.19 CNY Billion in December of 2013. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - China Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This paper examines China’s investment policy since the publication of the 2008 OECD Investment Policy Review of China and recommends that the Chinese government continue its efforts to liberalise and increase the transparency and predictability of the framework for both inward and outward FDI. OECD Working Papers on International Investment - No. 2013/1.

Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.

30/01/2018 - The China National Textile and Apparel Council (CNTAC) and the OECD today signed a Memorandum of Understanding (MoU) that sets out their commitment to intensify co-operation to promote responsible business in global textile and apparel supply chains.

Housing Index in China decreased to 7.10 percent in November from 7.80 percent in October of 2019. Housing Index in China averaged 4.65 percent from 2011 until 2019, reaching an all time high of 12.60 percent in November of 2016 and a record low of -6.10 percent in March of 2015. In China, Housing Index is measured by year over year change in house prices in 70 medium and large cities. This page provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in China decreased to 5.90 percent in March from 6.20 percent in February of 2020. Unemployment Rate in China averaged 4.42 percent from 2002 until 2020, reaching an all time high of 6.20 percent in February of 2020 and a record low of 3.90 percent in September of 2002. In China, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in China decreased to 77471 Tens of Thousands in 2019 from 77586 Tens of Thousands in 2018. Employed Persons in China averaged 61160.46 Tens of Thousands from 1952 until 2019, reaching an all time high of 77640 Tens of Thousands in 2017 and a record low of 20729 Tens of Thousands in 1952. In China, employed persons refer to persons aged 16 and over, who performed some work for compensation or business gains for one hour or more during the reference period; or who had work units or sites but were temporarily not at work during the reference period. This page provides - China Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The MNI China business sentiment index increased to 55.9 in December of 2016 from 53.1 in November. The reading pointed to the highest figure since August 2014, as output rose the most since September 2015 while Future Expectations Indicator went up to the highest in three months. "This is a positive end to a choppy year for the Chinese business environment," said Andy Wu, Senior Economist of MNI Indicators. Mni Business Sentiment in China averaged 57.59 from 2007 until 2016, reaching an all time high of 77.20 in May of 2010 and a record low of 38.70 in December of 2008. The MNI China Business Sentiment survey is a monthly poll of Chinese business executives at a mix of manufacturing and service sector companies listed on both the Shanghai and Shenzhen stock exchanges. The survey provides the first monthly snapshot of economic and business conditions, ahead of official data and other business confidence data in China. Respondents are asked their opinion on whether a particular business activity has increased, decreased remained the same compared with the previous month as well as their expectations for three months ahead. E.g. Is Production Higher/Same/Lower compared with a month ago? A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - China Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.