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Market Report China
Shenzhen skyline

Economic Sentiment for China Continues to Rise Slightly

Despite this renewed increase, the CEP Indicator, which reflects the expectations of international financial market experts regarding China's macroeconomic development over the coming twelve months, is still in negative territory and remains well below the long-term average of 2.4 points.

Market Report China
Shanghai Skyline - Photo by Adi Constantin on Unsplash

Economic Expectations for China Increase Slightly, But Economic Outlook Still Weak

In the most recent survey for January (9–24 January 2019), expectations regarding the Chinese economy have risen by 2.2 points, to a new reading of minus 18.3 points (December 2018: minus 20.5 points). Despite the renewed increase, the indicator is still clearly in negative territory and remains well below the long-term average of 2.7 points. This sees the CEP Indicator, which reflects the expectations of international financial market experts regarding China’s macroeconomic development over the coming twelve months, pointing to a prolonged period of economic weakness.

Airbnb And Taxes
Houses in San Francisco

Service Platforms Like Airbnb Should Be Subject to a More Stringent Tax Regime

The German government can count on millions of euros in tax revenue from services provided on digital marketplaces like Airbnb, the leading platform for connecting individuals offering or looking for accommodation. However, it remains to be seen whether the existing income and value-added tax regulations for service providers with digital businesses models are still adequate. In order to prevent future shortcomings, reforms for a competition-oriented taxation of service platforms could be implemented without much additional effort, thereby making taxation much more efficient.