To encourage foreign investors to continue to expand their investment, China has issued a deferring tax policy, which would exempt the withholding tax temporarily if foreign investors' profits from Chinese domestic enterprises were directly invested in China, said Cong Lin, an official in charge of the international sector with the Beijing Economic-Technological Development Area Tax Service, State Taxation Administration.

北京经济技术开发区税务局负责国际部门的官员丛林表示，为了鼓励外国投资者继续扩大投资，中国出台了延期税收政策，如果外国投资者从中国国内企业获得的利润直接投资于中国，将暂免预扣税，国家税务总局。

Musk terminated the deal in July, blaming the company for withholding information on its number of spam and fake accounts.

马斯克于7月终止了这笔交易，指责该公司隐瞒了有关其垃圾邮件和虚假账户数量的信息。

Withholding seen as unlawful move by Washington to delay license issuanceThe United States' unlawful seizure of Huawei telecommunication equipment is another technical restriction the US has imposed on China as it becomes increasingly concerned about the company's rising 5G capability, an industry expert said after the Chinese company filed a lawsuit against the US Department of Commerce on Friday.

Xiang Yang, a 5G expert at CETC Fund and a former 5G analyst at the CCID Consulting research firm in Beijing, said "The US withholding Huawei's equipment shipped there for testing can be seen as part of the US trade dispute with China.

That's probably why it has been withholding Huawei's equipment for a long time.

Later Qualcomm hit back with its own lawsuit, alleging that Apple used its heft in the electronics business to wrongly order contract factories such as Hon Hai Precision Co Ltd's Foxconn to withhold royalty payments from Qualcomm that Apple had historically reimbursed to the factories.

"Evergrande shouldn't be permitted to withhold the funding and simultaneously prevent FF from accepting alternative financing or investments," Faraday Future tweeted.

Financial regulatory authorities should make decisions with regard to foreign financial institutions' applications for launch of such services within 120 days, can withhold permission based on prudent reasons and must notify applicants in a timely manner, the notice said.

Banks will be encouraged not to blindly withdraw, cut off or withhold loans to firms experiencing temporary hardship.

Financial institutions are expected to provide support by means of loan extensions, rescheduled repayments and the issuance of new loans for projects that are experiencing temporary difficulties but maintain a basic fund balance, rather than making hasty withdrawals, suspension and withholding of loans.

Stern action will be taken against those found guilty of withholding the mandatory information and they may be forced to cede their shares in the company or face curbs on their shareholder rights, Guo wrote in an opinion piece published in the Economic Daily on Friday.

Overproduction had been so concerning that the USDA announced volume control in July, asking the industry to withhold 15 percent of the current corp.

SAN FRANCISCO -- Tesla CEO Elon Musk decided on Friday to terminate his $44 billion deal to buy Twitter, blaming the company for withholding information on its number of spam and fake accounts.

Moreover, the Hong Kong-Bangladesh CDTA also provides the following tax relief arrangements: Bangladesh's withholding tax rates for Hong Kong residents on dividends will be capped at 10 percent or 15 percent (depending on the percentage of their shareholdings); and on interest, royalties and fees for technical services will be capped at 10 percent; and Hong Kong residents deriving profits from international shipping transport in Bangladesh will enjoy 50 percent tax reduction in Bangladesh in respect of the profits subject to tax there.

For foreign companies, the profits they obtained in China, which could be directly used for reinvestment in domestic projects, will not be subject to withholding tax for the time being, according to Meng Yuying, director of the international taxation department of the STA.

Gary Hufbauer, non-resident senior fellow at the Peterson Institute for International Economics, told Xinhua that "there's no chance" that the IMF will change its assessment (on currency manipulation) unless the United States threatens to withhold support from the European Union's nominee for the managing director, conditioned on a "fresh evaluation" of the IMF's criteria for assessing exchange rates.

China said Sunday that it has expanded a preferential policy to temporarily exempt certain profits obtained by overseas investors from withholding income tax in order to encourage inbound investment.

China has previously deferred withholding income tax on profits that were distributed to overseas investors by resident enterprises in the country and directly reinvested in encouraged investment projects.

China continues to welcome foreign investment through a temporary exemption of the withholding tax on profits that are reinvested in the country, the Finance Ministry said in a statement released on its website on Thursday.

China levies its withholding tax at a rate of 10 percent on foreign firms' earnings.

However, that withholding tax can be exempted if that profit is put into qualified direct equity investments, including stocks.

Focusing on project and fund management in key counties, Shanxi's discipline inspection authorities have emphasized cracking down on embezzlement, extortion and the withholding and diversion of funds to respond to the expectations and concerns of the people.

In practice, most defendants intentionally withhold wages for over six months, he said.