In a Switch, China Triples the Tax on Stock Trades
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An index of Chinese stocks plunged at the opening, partly recovered, then slumped for a 5 percent loss after noon.
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Brokerage announces large Q4 loss and turns to China for capital.
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Whether it's a career change or retirement, marriage or divorce, there's a tax involved.
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Surging exports trigger a rise in China's trade surplus with the rest of the world to a record  $27bn in June.
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There is intense competition among the world&#39;s stock exchange markets to attract companies to list with them, as exchanges make money by charging fees on listed firms.
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NEW YORK It's the money tree that keeps on giving. Despite warnings about the lack of transparency, corruption scandals and companies with shaky financials, the Chinese stock market has leaped 300 percent in the past two years. No other major market in the world has rewarded investors as generous...
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Beijing tax increase initially sent markets lower.
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China on Sunday took aim at price manipulators and hoarders of goods, as Beijing ramped up its campaign to rein in inflation which is running at its highest level in more than a decade.
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China's trade surplus jumped nearly 33 percent in August to its second-highest monthly level, according to data released Tuesday, adding to pressure on Beijing to ease currency controls and narrow its yawning trade gap.
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There could still be a way to go in China's frothy equity markets.
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China posted a record trade surplus of $26.9 billion in June as exporters rushed shipments ahead of tax rebate cuts, handing more ammunition to critics who say Beijing's weak currency gives it an unfair trade advantage.
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Investor's Business Daily - 1 China&#39;s leading stock index tumbled 6.5% after Beijing tripled a tax on stock trading to cool its booming market. Investors have been skittish on China since ex-Fed chief Alan Greenspan warned that its bubble could bust. But unlike in Feb., when a Shanghai swoon sparked a worldwide selloff, U.S. stocks rallied.
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New export taxes on polluting and energy intensive industries will help reshape how China's economy grows, but alone are not enough to resolve its trade imbalances with the United States, a top Commerce official said on Sunday.
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China's trade surplus reached a record $18.8bn in August, raising further questions about the value of the yuan.
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Many foreign firms investing in China are to lose tax benefits under reforms proposed by the government.
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If you invest in China, do so with caution.
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China said it would introduce export tariffs and increase rates on other items to rein in a record trade surplus and cut energy consumption and pollution.