China’s VAT cut still does not do enough for small manufacturers
  • Premier Li Keqiang said last week that Beijing will cut the value-added tax (VAT) rate for manufacturing firms by 3 percentage points to 13 per cent from April 1
  • Owners play down suggestions it could boost domestic business and aid employment to help offset the slowdown in growth caused by the US-China trade war
20 Mar 2019 - 7:15AM