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Beijing: The required years of social security and individual income tax payments for non-Beijing registered households to purchase a home have been reduced to one year.

2026-08-07

Beijing: The required years of social security and individual income tax payments for non-Beijing registered households to purchase a home have been reduced to one year.

Other News
2026-08-07

China's State Council approved the People's Bank of China and Bank Negara Malaysia's renewal of a bilateral local-currency swap, expanding the facility from CNY180 bln/MYR110 bln to CNY220 bln/MYR130 bln. The agreement runs five years and is extendab

China's State Council approved the People's Bank of China and Bank Negara Malaysia's renewal of a bilateral local-currency swap, expanding the facility from CNY180 bln/MYR110 bln to CNY220 bln/MYR130 bln. The agreement runs five years and is extendable by mutual consent. Authorities said the move is intended to deepen monetary and financial cooperation, expand use of local currencies in China-Malaysia trade and investment, and support financial market stability.
2026-08-07

SK Hynix said it will invest $38.4 bln to expand chip operations in South Korea. It plans to put 19.1 trillion won (≈ $13.47 bln) into the M17 fab in Cheongju, with that investment to be completed by 2031, and 35.2 trillion won (≈ $24.9 bln) for cons

SK Hynix said it will invest $38.4 bln to expand chip operations in South Korea. It plans to put 19.1 trillion won (≈ $13.47 bln) into the M17 fab in Cheongju, with that investment to be completed by 2031, and 35.2 trillion won (≈ $24.9 bln) for construction of a second‑phase chip fab in Yongin.
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