Leian Kae Naduma

Leian Kae Naduma

The Latest

  • Pinduoduo, Cue Holdings Managers Under Investigation Over Suspected Bribery
    Pinduoduo E-commerce
    Managers from Pinduoduo and Cue Holdings are under investigation after the former alerted Shanghai authorities about a bribery incident regarding the advertising budget for 2019.
  • Tax Revenues In China Down BY 16.4 Percent For The First Quarter Of 2020
    tax cuts
    An official with the State Taxation Administration in China revealed at a press conference that the country's tax cuts and fee easements totaled 742 billion Yuan for the first quarter of 2020.
  • AstraZeneca's Wuxi Base Announces Start Of Operations
    AstraZeneca
    International pharmaceutical companies have established their base of operations in Wuxi due to favorable policies and tax easements.
  • NIO Inc, Strtegic Investors Injects Money Into Chinese Conglomerate
    NIO Inc.
    Nio Inc. announced the injection of billions into NIO China along with other strategic investors.
  • China Punishes Thousands Of IPR Violators During Pandemic
    China face mask supply
    China improved its laws on intellectual property rights (IPR) and persecuted thousands of IPR violators during the pandemic.
  • Shanghai Government Relaxes Purchase Taxes On Energy Vehicles For Two More Years
    China auto factory
    China imposed tax easements on value-added tax (VAT) for small businesses and purchase taxes on energy vehicles.
  • Crude Oil Imports From US To China Expected To Increase After Tariff Adjustments
    OIL
    March data revealed that China increased crude oil imports from Malaysia by 107 percent while imports from the US, Russia, and Saudi Arabia significantly fell since last year.
  • Starbucks Enters Into Partnership To Foster Digitization Of Services
    Starbucks China
    Starbucks co-invested in a partnership with Sequoia and plans on doing the same for technological firms to improve the company's digitization of services.
  • China's Industrial Sector Suffers From Slower Demand Despite Reopening Of Economy
    China auto factory
    Data released by the National Bureau of Statistics showed that the Chinese industrial sector continues to suffer from losses incurred during the pandemic.
  • China Business Continues To Struggle From Pandemic Problems, Vinda Reveals
    Tissue paper
    Chinese tissue paper maker Vinda International Holdings reported greater net profits due to product hoarding in Hong Kong and Sydney.
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