OctaFX | OctaFX Forex Broker
Open trading account

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

USD/INR risk reversals hit fresh seven-year high on call demand

One-month risk reversals on USD/INR, a gauge of calls to puts, rose to a fresh 7-year high of 3.50 on Monday, indicating a sustained demand for the bu
Read more Previous

Former Fed head Yellen: Impossible to know how deep recession will be

While the coronavirus outbreak has caused a rapid and sharp downturn in the economic activity, it is impossible to predict how deep the recession woul
Read more Next
Start livechat