The December Politburo meeting revealed that in 2025, China will implement a loose monetary policy, increase investment, and increase the fiscal deficit rate; next year’s GDP target is still set at 5%. 

Closing to the year-end, market sentiment is getting more fatigued to work. Stainless steel prices continue to drop, will it go any lower in December?

China's stainless steel export volume is unexpectedly high until November this year. China's manufacturing PMI rose for 3 months, and it is back in the expansion zone. Will Beijing see what it sets for the GDP goal 2024, to meet 5%?

Tax added on. Are you ready for a volatile market? 

Stainless steel prices continued to drop last week, and demand for the products remains sluggish domestically. To cope with the controversial business issues between China and other regions, Beijing cancels and reduces the export tax rebate of 288 items.  

Domestic steel manufacturers in China could face more severe losses than this year, due to Trump's anticipated aggressive policies toward China.

The stainless steel industry is also in a swinging state. The US election and China's committee congress will greatly impact the broad market. But still, you can review the actual trend last week to keep up with Stainless Insights in China.

In October, China's manufacturing PMI returned to the expansion zone, to 50.1%, thanks to which Beijing implemented a series of stimulus policies. 

Before the National Holiday, China released preferable policies to light up the market but it failed to maintain investors’ enthusiasm after the holiday. Keep reading Stainless Insights in China, to know more about the market dynamics.

As Beijing keeps releasing supportive policies to hold up the market, a seven-day blank could make a whole difference. Now quickly go

 through with us about the Stainless Insights in China after the holiday.