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China’s Tax Bureau Official: Studying policies to help exporters hit by coronavirus

Wang Daoshu, Chief Auditor of China's State Taxation Administration, said in a briefing Tuesday, they are monitoring trade situations and studying tax reduction and other policies to stabilize situation affected by the coronavirus outbreak.

Further comments

Coronavirus has negatively impacted exporters.

Tax bureau studying allowing more foreign firms to benefit from preferential policies including tax reduction.

  • Coronavirus update: S. Korea reports 125 new cases, China adds 48 imported cases
  • USD/CNH: Pressured below 7.1100 after China Purchasing Managers Index

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