China should raise the personal income tax floor and cut the tax rate for low-income groups to spur consumer spending and give the economy a lift, according to a former central bank official.
China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy.
The Chinese central bank’s swift enactment of swap facilities has raised market expectations of a firm implementation of monetary-easing policies to help drive up the country’s economic ...
Investing.com - Gold prices rose to their highest levels in two weeks on Tuesday as the International Monetary Fund again cut its forecast for global growth this year, stoking demand for haven ...