China has long considered imposing a property tax nationwide to control the country’s property bubble and curb excessive housing speculation. The top decision-making body of the National People’s Congress, China’s parliament, on Saturday announced that...
The International Monetary Fund (IMF) has announced the departure of chief economist Gita Gopinath. She will return to Harvard after serving as the fund’s first female chief economist. The IMF announced the departure of chief...
Blackouts and power cuts in the world’s second-largest economy have drawn attention to fuel supply problems that could complicate the country’s pandemic recovery. DW unpacks why the lights went out in China. Struggling energy companies...
Less than a year since the EU and UK struck a post-Brexit deal, the sides are apparently preparing for a trade war. Tensions over the Northern Ireland Protocol have pushed things to the brink. The...
The top oil producers have been holding back on a major production boost even as oil prices soar amid a supply crunch. With natural gas and coal prices at record highs, the oil price bump...
Fresh revelations about how politicians, celebrities and billionaires stash their wealth offshore have sparked calls for a tougher response. DW explores what has been achieved in the fight against tax evasion The Pandora Papers is the...
Energy prices are soaring globally. Consumers are not amused, and some European politicians are trying to instrumentalize the crisis. It could get worse, especially in case of a cold winter in the northern hemisphere ....
The European Union has said it will impose a universal charger for smartphones. The switch to a standard USB-C cable would represent a blow for US tech giant Apple. The European Commission on Thursday proposed...
The People’s Bank of China moved to bar all cryptocurrency transactions Friday. Overseas exchanges providing cryptocurrency services to mainland China will be considered illegal. China’s central bank has made all cryptocurrency transactions illegal in mainland China, the...
Millions of people around the world have received the BioNTech-Pfizer vaccine against COVID-19. Now the team behind BioNTech is receiving Germany’s biggest award for medicine. Three scientists from BioNTech, the German biotechnology company behind one...
Starting Monday, Germany’s blue-chip DAX index will include 10 more companies to become the DAX-40. Selection criteria have been decisively changed. The 10 newcomers — in the order of their market value — are Airbus,...
China Evergrande, once the country’s second-largest real estate developer, is drowning in debt. Some 1.5 million people have put deposits on new homes that have yet to be built. A collapse could be catastrophic. Property...