Money

Xi Jinping Faces Resistance to Property-Tax Plan

Chinese President Xi Jinping has made no secret of his desire to deflate China’s property bubble. He is facing resistance over a measure aimed at curbing housing speculation: a nationwide property tax.

McDonald's on track to close its gender pay gap in 2022

As of its 2021 equal pay analysis across staff and company-owned restaurant employees, McDonald's pays women globally 99.85 cents on the dollar for similar work, taking into account legitimate pay drivers such as level, location, experience and performance.