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China news

Yes, China needs an inheritance tax; and what’s the deal with ‘limited term’ property ownership?

There's a worrying hole in China's tax system What's the deal with 'limited-term' property ownership? Practical solutions to solve asset transfer problems A debate has sprung up concerning assets owned by individuals in China. In this essay, Richard Cullen guides us through the issues and looks at intriguing solutions that could move the country forwards…

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Harm caused by the ‘western lens’ interpretation of China

Richard Cullen looks at a fascinating new book: Understanding China: Governance, Socio-Economics, Global Influence (by Chandran Nair and others, Routledge, Abingdon, 2026). Strongly recommended: Richard's Substack Newsletter: https://substack.com/@richardcullen376919 Routledge in the UK recently published an important new book, authored by Chandran Nair, Jorgen Randers, Jinfeng Zhou and Frederick Charles Dubee, entitled: “Understanding China: Governance, Socio-Economics,…

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Idea: Existing tech can be used to ease Hong Kongers’ time spent in Chinese mainland

The ‘iAM Smart’ platform, which serves as a real-name database, can be used to make it easier for Hong Kong people to spend time in the Chinese Mainland PROMINENT HONG KONG businessman Herman Hu Shao-ming last week suggested that the city’s “iAM Smart” ID-card linked real name database could be integrated with the national-level identity…

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