02 Jan 2025
The decision was in response to mounting criticism, specifically regarding the impact a 1% VAT hike has on consumption and manufacturing activity, both already languishing beneath high inflationary pressures. Critics also highlighted concerns about the impact of increased taxation
02 Jan 2025
The traditional seasonal surge in demand ahead of the Lunar New Year (LNY) is being amplified by an unusually high volume of shipments directed toward the United States for this period. Shippers are expediting imports in anticipation of potential tariff increases
02 Jan 2025
31 Dec 2024
31 Dec 2024
30 Dec 2024
27 Dec 2024
The Chinese government unveiled a fiscal stimulus package valued at 3 trillion yuan ($411 billion), funded through the issuance of special treasury bonds. This initiative is part of a broader strategy to enhance fiscal support and drive economic recovery in 2025.
