https://www.taxtmi.com/news?id=71383 China's official manufacturing PMI returned to contraction, driven by weak domestic consumption and real estate weakness, while private-sector PMI showed export-led expansion. A judicial reduction of reciprocal tariffs has lowered US tariff levels globally and is expected to provide a modest boost to exports. Upcoming high-level bilateral talks and China's national congress, which will set a growth target and approve a five-year plan focused on technology and self-reliance, are poised to influence near-term manufacturing prospects. en-us Wed, 04 Mar 2026 10:31:03 +0530 Wed, 04 Mar 2026 10:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71383 China's official manufacturing PMI returned to contraction, driven by weak domestic consumption and real estate weakness, while private-sector PMI showed export-led expansion. A judicial reduction of reciprocal tariffs has lowered US tariff levels globally and is expected to provide a modest boost to exports. Upcoming high-level bilateral talks and China's national congress, which will set a growth target and approve a five-year plan focused on technology and self-reliance, are poised to influence near-term manufacturing prospects. News - Wed, 04 Mar 2026 10:31:03 +0530 https://www.taxtmi.com/news?id=71383