In other China news:

• China has passed a law introducing a value added tax. Will take effect on January 1 2026 according to Xinhua …. another year away
• Chinese People’s Political Consultative Conference (CPPCC) on March 4
• China’s National People’s Congress will be held March 5, 2025

This article was written by Eamonn Sheridan at www.forexlive.com.