China: Issues circular to clarify corporate income tax incentive

On 18 February 2026 an IMF country focus with the title How China’s Economy Can Pivot to Consumption-led Growth, written by D. Garcia-Macia, S. Jain-Chandra, S. Kothari and Y. Xu, looked at way in which China could stimulate domestic

China, the US, and several Western governments are urging Ghana to halt plans to raise gold royalties, sources say. Ghana aims to replace its fixed 5% royalty with a 5–12% sliding scale linked to gold prices, seeking higher revenue from rising

On 18 February 2026 an IMF Country Focus was published, generally based on the report issued by the IMF following consultations with China under Article IV of the IMF’s articles of agreement. China’s economy has remained resilient through

The European Commission has implemented additional import duties on electric vehicles manufactured in China, with rates varying significantly by manufacturer. These charges come on top of the EU's standard 10% import duty on cars. Chinese EV

The US Treasury Department released interim guidelines on 12 February 2026 addressing how companies can qualify for clean energy tax credits while restricting reliance on Chinese-made equipment under President Donald Trump's tax legislation. The

China’s Ministry of Finance and the State Taxation Administration have issued Announcement No. 15 of 2026 on 30 January 2026, in which it issued provisional rules clarifying the deduction of input VAT on long-term assets, with a particular focus