China plans value-added tax rate reduction for 2019

06 Mar 2019 Chinese top leaders revealed that the country is planning to ease financial pressure on companies in the manufacturing sectors.

25 Feb 2019

USA to extend trade truce deadline with China; delay raising tariffs

There have not been any details on how long the truce would be extended and the date of the summit between the two leaders.

31 Jan 2019

China manufacturing grew slightly in January but still in the contraction zone

Despite the uptick, the reading below 50 suggests a contraction in the manufacturing activities.

03 Jan 2019

China’s central bank introduced new support for small businesses

The new policy allows a commercial bank to reduce the reserve ratio requirement (RRR) if the loan to small businesses reaches certain amount.

02 Jan 2019

China’s manufacturing PMI contracted in December

Economist expected the weakening condition in the manufacturing sector to persist into 2019 as trade war bites.

24 Dec 2018

China to down-adjust import duties for petchem products: Part I

The Chinese government decided to down-adjust import duties for a number of products, including petrochemical products with effective starting 1 January 2019.

20 Dec 2018

USA Federal Reserve raises the key interest rate for the fourth time this year

The Fed expected the US economy to slow down next year on the back of the uncertain global market.

18 Dec 2018

Chinese government suspends the publication of provincial economic data

Guangdong is a major manufacturing and export hub in China, which has been publishing its own monthly PMI data since November 2011.

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