Grand Chip says bid for Aixtron is off

China has become hostage to growing protectionism in overseas mergers and acquisitions, observers said, after the implosion of yet another Chinese bid due to political obstruction.

China Jushi starts work on fiberglass plant in US

China Jushi, a global manufacturer and promoter of fiberglass products, broke ground for a $300 million, 80,000-metric-ton fiberglass production line in Richland County, South Carolina, the United States, on Thursday.

CIRC bars Evergrande Life from trading in shares

China's insurance regulator on Friday banned Evergrande Life Insurance Co from trading in stocks.

Sino-US ties will need more than a friendly messenger

Upon appointing Iowa Governor Terry Branstad, whom Beijing warmly embraces as "an old friend", as US ambassador to China, United States president-elect Donald Trump highlighted the latter's "long-time relationship with Chinese President Xi Jinping", which he believes will be conducive to a "mutually beneficial relationship".

The watchdogs' watchdog

In a recent investigative tour of East China's Jiangsu province, Wang Qishan, head of the Party's top anti-graft watchdog, stressed that to advance stricter self-governance of the Party, its discipline inspection departments at various levels should make themselves an example by putting their power in an institutional cage.

Doctor's flaunting of wealth via social media ill-judged

A DOCTOR IN CHENGDU, capital of Southwest China's Sichuan province, recently flaunted his luxurious winter coat via Sina Weibo, a Twitter-like social media platform, which prompted a mixed reaction. Rednet.cn commented on Thursday:

Women are victims in loans photo scandal

AFTER HUNDREDS OF PHOTOS AND VIDEOS OF NAKED WOMEN used as collateral for loans issued via some online lending platforms were posted online, some people have blamed the young women, accusing them of consuming luxuries that exceed their payment abilities. Beijing News comments:

Income made via social media subject to tax

AN ARTICLE posted on the social media platform WeChat titled Luo Er Saving His Daughter attracted donations of 2.6 million yuan ($400,000) before the platform promised to refund the donors. Such appreciation bonuses are taxable income once they exceed the exemption threshold, China Youth Daily commented on Wednesday:

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Reform must usher in best income tax system

One of the significant goals of the tax system reform is to establish an individual income tax mechanism that combines the classified and comprehensive taxation systems. At present, the classified individual income tax system levies 11 kinds of taxes based on different calculation methods.

Fight against non-communicable disease

Global health organizations and initiatives - in particular, the World Health Organization - have traditionally focused on infectious diseases, from malaria (their great failure) to smallpox (their greatest success). But there has long been a tiny corner of global health that has targeted chronic non-communicable diseases (NCDs) in low - and middle-income countries. As these countries make progress on development, pressure to expand that corner is mounting.

A Turkish case for the modern Silk Road

My recent visit to Istanbul and Ankara with a group of Chinese journalists started with curiosity and confusion about Turkey, an unfamiliar country at the far end of the ancient Silk Road.