KM Financial Solutions | SE Asia Stocks-Philippines surges most in 32 months on report China plans import tariff cuts
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SE Asia Stocks-Philippines surges most in 32 months on report China plans import tariff cuts

SE Asia Stocks-Philippines surges most in 32 months on report China plans import tariff cuts

Philippine shares jumped 3.5 percent on
Friday, the most in 32 months, following a report that China
plans to reduce the average tariff rate on imports from most of
its trading partners as soon as October.
The move was in line with Beijing’s pledge to its trading
partners, including the United States, that it would take
measures to further incre

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