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Premier Li Qiang signed an order promulgating amendments to the Regulations on Housing Provident Fund Management, effective Sep 20, 2026. Changes target operational efficiency: simplify employee withdrawal procedures, shorten review times for housing

2026-08-18

Premier Li Qiang signed an order promulgating amendments to the Regulations on Housing Provident Fund Management, effective Sep 20, 2026. Changes target operational efficiency: simplify employee withdrawal procedures, shorten review times for housing provident fund loan applications, establish nationwide mutual recognition of contribution records, and streamline fund transfers and cross‑location loan processing.

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2026-08-18

WTI crude oil broke through $84 per barrel for the first time since July 31, with a daily increase of 2.93%. Brent crude oil surged 3% on the day, currently trading at $89.83 per barrel.

WTI crude oil broke through $84 per barrel for the first time since July 31, with a daily increase of 2.93%. Brent crude oil surged 3% on the day, currently trading at $89.83 per barrel.
2026-08-18

Sources said US officials proposed that, under a proposed 15% tariff on Canadian autos, only US-origin value be excluded from the tariff base; Canadian officials want all North American-origin content excluded.

Sources said US officials proposed that, under a proposed 15% tariff on Canadian autos, only US-origin value be excluded from the tariff base; Canadian officials want all North American-origin content excluded.
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