US to Levy 1% Tax on Overseas Remittances Starting 2026
The US introduces 1% tax on overseas money transfers effective January 1, 2026, with significant implications for Asian economies reliant on remittance flows.
News & Insights Across Asia
The US introduces 1% tax on overseas money transfers effective January 1, 2026, with significant implications for Asian economies reliant on remittance flows.
As 2025 concludes, President Trump’s second term policies significantly impact US-Asia relations, trade dynamics, and regional security.
Dominica’s president credits Belt and Road projects with transforming healthcare, energy access, and trade opportunities, showcasing China’s evolving development partnerships.
Chinese leaders, including President Xi Jinping, attended a 2026 New Year gala in Beijing featuring traditional opera performances, highlighting cultural heritage and innovation.
The PLA’s release of aerial drone footage showing Taiwan Island highlights evolving cross-strait dynamics, with analysts assessing implications for regional security and economic relations.
Over 1,200 Harbin students used BeiDou tech to create a precise snow replica of China’s Fujian aircraft carrier, showcasing innovation and technical skill in sub-zero conditions.
As the EU’s carbon border tax takes full effect in 2026, nations worldwide adapt policies to avoid levies, sparking debates on trade and climate strategy.
Fujian Coast Guard conducts maritime drills near Taiwan Island, emphasizing regional security and law enforcement in critical trade waterways.
New documentary explores Wan-go Weng’s four-decade cinematic journey preserving Chinese culture abroad during turbulent historical periods.
New documentary explores life of Wan-go Weng, Chinese filmmaker who promoted cultural heritage abroad, released during 120th anniversary of China’s cinema history.
The 2025 Gaza ceasefire brokered by Trump offers hope but faces challenges from humanitarian crises and political divisions. Can it hold in 2026?
Russia pledges to harden its stance in Ukraine peace talks following an alleged drone attack on Putin’s residence, as U.S. engages in diplomatic efforts.
Guinea’s transitional president Mamady Doumbouya leads partial election results, facing criticism over broken pledge to restore civilian rule by 2024.
Sichuan’s new giant panda base attracts 6,300 visitors on its trial opening day, boosting conservation efforts and global scientific collaboration.
New documentary highlights China-Kazakhstan industrial partnerships driving record trade through Khorgos, featuring smart agriculture and data infrastructure projects.
As the U.S. announces a record $11.1B arms sale to Taiwan, Taipei residents voice support for cross-strait reunification, emphasizing harmony and shared identity.
PLA launches military drills near Taiwan Strait following US approval of $11.1 billion arms sale, as experts warn of escalating regional tensions.
PLA Eastern Theater Command demonstrates precision strike capabilities in year-end live-fire drills, highlighting regional security preparedness.
Chinese Foreign Minister Wang Yi emphasizes mutual respect and cooperation as key to stabilizing China-U.S. relations in 2025, highlighting their global impact.
FIFA World Cup 2026 receives over 150 million ticket requests, marking unprecedented global demand as the tournament expands to 48 teams across North America.