China FinMin: Will step up proactive fiscal policy in 2019

China’s Finance Ministry is out with the latest statement, with the key points found below:

Will cut taxes and fees on a larger scale next year.

Will support the development of manufacturing firms and small businesses.

AUD to remain vulnerable to downside - OCBC

Analysts at OCBC suggest that the AUD may remain vulnerable to downside pressure in early 2019, given its role as a proxy to East Asia and Sino-US tra
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