National Bureau of Statistics: In April, the manufacturing purchasing managers' Index was 49.0%, a decrease of 1.5 percentage points from the previous month.
On April 30th, the National Bureau of Statistics released the running situation of China's Purchasing Manager Index for April 2025.
National Statistics Bureau interpretation: In April, the Manufacturing Purchasing Managers' Index saw a decline, while the Non-Manufacturing Business Activity Index continued to expand.
The National Bureau of Statistics Service Industry Survey Center and China Federation of Logistics and Purchasing released the China Purchasing Managers' Index. In this regard, Zhao Qinghe, a senior statistician from the National Bureau of Statistics Service Industry Survey Center, provided an interpretation.
Indonesia increases mining taxes and fees, further worsening the situation for nickel producers.
① The Indonesian government announced over the weekend an increase in the royalty tax rates on minerals such as Nickel, Coal, Copper, and Gold; ② After the Indonesian government raised taxes in the mining industry, mining companies warned that profits would decline, which could lead to a reduction in production.
China to Roll Out More Stimulus, Confident in Meeting 2025 Growth Target- Official
China Industrial Profit Rises in March -- WSJ
Indonesia Turns To BRICS, CPTPP To Counter US Tariff Impact
