China’s President Xi Jinping, poised for third term, urges ‘intensive’ state and party revamp

“REJUVENATION” China’s “rejuvenation” must be guided by Xi and the Central Committee as national governance is “modernised”, the Central Committee said in a communique but it offered no details. “It is necessary to fully, accurately and comprehensively implement a new development concept,” the committee, the largest of the party’s topContinue Reading

Tax-evading tax collectors living high on the hog in Indonesia

JAKARTA – Indonesia may have a tax-to-gross domestic product (GDP) ratio of only 11.9%, one of the lowest in the Asia-Pacific region, but nothing gets up the nose of the citizenry more than government officials in positions of influence seemingly living beyond their means. So it is with the latest case involving middle-ranking taxman Rafael Alun Trisambodo, who […]Continue Reading

China’s northeast hints at looming pension crisis

Professor of Social Science and Public Policy at the Hong Kong University of Science and Technology, Stuart Gietel-Basten, says reforms are needed at a policy level. “In terms of social welfare and social security, more investment is going to be required in that area and particularly I think in reformingContinue Reading